UK BESS fund Harmony Energy Income Trust (HEIT) has progressed the sale of its portfolio to the second round, a process which a source told us raises questions around listed funds’ role in the BESS industry.
Castleton Commodities International LLC (CCI) subsidiary S4 Energy has acquired Netherlands BESS development platform LC Energy, and its 6GW pipeline of projects, from developer Low Carbon.
A roundup of news from Europe, with Alfen and Sermatec deploying BESS projects in Sweden and Bulgaria and new firm terralyr raising €77 million for project development and operation, starting in Germany.
Minister of the Environment and Energy Security Gilberto Pichetto has signed a decree allowing Italy to proceed with its energy storage capacity market auction, known as MACSE, in the first half of 2025.
UB Renewable Energy Fund (AIF) has acquired a 30MW/60MWh BESS project in Finland on which it will start construction in Spring 2025.
Highview Power has revealed its second planned long-duration energy storage (LDES) project using its liquid air energy storage (LAES) technology, in Scotland, UK.
Aquila Clean Energy has launched construction on a 50MW BESS in Finland, while MW Storage has launched two new projects in the country.
Developer and optimiser Ingrid Capacity and investor BW ESS have commissioned a 211MW/211MWh BESS portfolio in Sweden, the largest in the Nordics, they claimed.
Sweden-based BESS developer Ingrid Capacity will trade its BESS projects as they start to come online, CEO Axel Holmberg said, while also discussing the CEE market and fellow Swede Northvolt’s current challenges.
Battery energy storage systems (BESS) from several firms helped the energy system recover after the NSL interconnector, which connects the UK and Norway, suddenly stopped exporting power to the UK.
