Core Insights - Enefit, the electricity business of Eesti Energia AS, is expanding its energy storage portfolio by constructing three new battery storage systems in Lithuania, which will enhance its position in the Baltic energy storage market [1][2] Group 1: Expansion of Energy Storage - The new battery storage systems will have a combined capacity of 46 megawatts (MW) and 184 megawatt-hours (MWh), increasing Enefit's total storage capacity from 29 MW to 75 MW [1] - The projects include a 16 MW system next to the Kelme I wind farm, an 18 MW system next to Kelme II, and a 12 MW system next to the Šilalė II wind farm, all set to be completed in the first half of next year [2] Group 2: Investment and Efficiency - Enefit is investing a total of EUR 30.3 million in these projects, leveraging existing energy infrastructure and grid connections at the wind farms to implement the new storage solutions more efficiently [2]

Core Viewpoint - Engie SA has secured its first standalone battery-storage project in India, aiming to capitalize on the renewable energy boom and plans to triple its local clean-power capacity by 2030 [1]. Group 1: Project Details - The awarded storage system project has a capacity of 280 megawatts and is organized by Gujarat Urja Vikas Nigam Ltd, making it Engie's second-largest battery project globally upon completion in 2027 [2]. - Engie's largest battery project is currently located in the United States [2]. Group 2: Strategic Shift - Due to a slowdown in green projects in the US, Engie plans to redirect investments to countries like India, which is expected to accelerate battery installations to meet its clean-power capacity goal of 500 gigawatts by the end of the decade [3]. - The Indian grid is struggling to keep pace with the influx of intermittent solar and wind power generation, highlighting the importance of battery storage as an enabler for renewable growth [4]. Group 3: Capacity Goals - As of June, Engie had 2 gigawatts of renewable capacity in operation or under construction in India and is targeting 7 gigawatts of solar, wind, and storage by 2030 [4]. - The company aims for a total of 95 gigawatts of clean power globally by 2030 [4].