"European Energy" has inaugurated the largest hybrid battery and solar energy park in Northern Europe, featuring an integrated energy storage system with a capacity of 50 MW and total storage capability of 200 MWh. This capacity is equivalent to the average daily electricity consumption of approximately 18,000 households in Denmark, significantly contributing to the stability of the electric grid. The integrated battery system enables the storage of excess solar energy generated during peak production times, making it usable during periods of lower solar generation, such as evenings and nights, thereby enhancing the flexibility of the electrical system and mitigating risks of price fluctuations in the market.

This project is a part of "European Energy"'s broader strategy to systematically implement energy storage solutions across Europe, aiming to accelerate the development of renewable energy and improve the reliability of electric systems. As the demand for clean energy solutions grows, integrating storage systems like the Kvostedos park represents a significant step towards achieving energy independence and sustainability. Furthermore, the hybrid solar and battery project is set to commence operations in Anykščiai, Lithuania later this year, with another BESS project slated for completion in Telšiai district by the end of the year, highlighting the company's commitment to advancing green energy initiatives in the region.

The strategic development of such hybrid systems not only meets the increasing energy demands but also aligns with European Union goals for reducing carbon emissions and promoting renewable sources of energy. As countries aim to transition to more sustainable energy frameworks, projects like this play a crucial role in ensuring a dependable and resilient energy supply, ultimately contributing to the overarching objective of a greener future for Europe.