Acacia, Green Tower and Eren Industries to deploy 500MW of standalone BESS in France
Developers Acacia, Green Tower and Eren Industries have partnered to develop and build 500MW of standalone BESS in France.
Eco Stor puts largest BESS in Germany online, former majority owner building Finland project
Owner-operator Eco Stor has connected what it claimed is the largest BESS in Germany to the grid, while its former majority owner is going to build a BESS in Finland.
Entrix to optimise MEAG’s 231MWh fully-merchant Germany BESS
Asset manager MEAG has acquired a 92.5MW/231MWh BESS in Germany, fully merchant-financed, which optimiser Entrix will trade in the electricity market.
‘It is not technology-agnostic’: Will Capacity Market in Germany help or hurt BESS?
The Capacity Market (CM) in Germany will offer a new potential revenue stream for BESS, but not all developers and owner-operators are convinced.
Ukraine’s state savings bank leads financing for 180MW of battery storage
A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.
UK approves 6GWh of BESS in May: Highest monthly total this year
A pinch under 6GWh of grid-scale BESS was approved for construction in the UK last month, bringing the total with planning consent to nearly 130GWh.
Germany: Regulatory challenges and uncertainty threaten Europe’s ‘hottest’ energy storage market
Germany is regularly described as Europe’s hottest market for energy storage, but its current regulatory framework is holding it back and changes down the line are also a concern.
Netherlands: Giga Storage begins construction on 1.2GWh standalone BESS
Battery energy storage system (BESS) developer Giga Storage has closed financing on a 300MW/1,200MWh project in the Netherlands.
Spain launches €700 million support scheme for BESS, thermal storage and pumped hydro
Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.
Ingrid/SEB and Monsson launching construction on Finland and Sweden BESS projects
Ingrid Capacity and SEB have broken ground on a large-scale BESS in Finland, while Monsson has acquired a project in Sweden which it will start building in June.
