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Italy is advancing its energy independence with the formation of Eni Storage Systems, a joint venture between energy giant Eni and Seri Industrial's subsidiary Fib, to construct an 8 GWh-per-year lithium iron phosphate (LFP) battery manufacturing facility in Brindisi. . Rome – July 4, 2023 – Matrix Renewables (“Matrix”), the TPG Rise-backed global renewable energy platform, today announced that it has started a partnership with Gravel A through a proprietary Development Service Agreement (DSA) for the development of up to 1. This strategic move aims to. . Italy is expanding its energy storage sector in order to achieve its goal of 70% renewable electricity by 2030. Storage has become indispensable for the purpose of regulating volatility and guaranteeing a resilient grid, as solar and wind output has increased. This rapid expansion in Italy's solar is fueling the country's drive to have renewables. . Energy S. is making plans for a new 8 GWh battery production facility in Italy's Veneto region, where it already operates a 400 MWh production line in partnership with Pylontech EU.