The Federal Court of Justice in Germany has rejected an appeal against BESS being eligible for the BKZ construction fee, a decision which means potentially millions more in costs for building projects in the country.
Utility and power firm Verbund has selected system integrator Fluence to deploy two BESS projects in Germany totalling 186MWh of capacity, with noise and cybersecurity standards a key part of the selection process.
Utility and power firm Engie has acquired two BESS projects from Recurrent Energy in Italy, totalling 200MW of capacity.
The energy regulator in Romania has exempted energy storage resources from fees for charging from the grid.
UK BESS owner Gresham House Energy Storage Fund (GRID) has entered into long-term floor agreements with Statkraft and Markel Bermuda, which will partially replace its toll with Octopus once that expires next year.
EU will not meet its 2030 clean energy targets unless cumulative battery storage deployments rapidly accelerate, SolarPower Europe has said.
Private equity firm KKR’s investment vehicle ContourGlobal has acquired BESS projects in Italy totalling 1.6GW of power and up to 9.5GWh of capacity, with an eye on the MACSE auctions in September.
There is now 9.8GWh of large-scale BESS online in the UK, according to the latest data from Solar Media Market Research’s ‘Battery Storage: UK Pipeline & Completed Assets Database’ report.
Battery energy storage system (BESS) developer Giga Storage has acquired a 350MW/1,400MWh BESS asset in Germany, marking an expansion into the broader European energy storage market.
BESS developer-operator Dais Energy Ventures and investor Electric Land have announced a joint venture (JV) to develop, build and operate 4GW of BESS projects in Germany.
