Leading BESS owner-operators across Europe discuss the key trends around the financing and deployment of grid-scale projects, with the segment now the driver of continent-wide deployments according to trade body SolarPower Europe.
Another roundup of European grid-scale BESS project news, led by MORE and Zenobe putting Greece and UK projects into operation, and major project financings/construction starts by Acacia in France, Greenvolt in Hungary and Eco Stor in Germany.
It’s been a busy few weeks in the run-up to Christmas in Europe’s BESS project space, with M&A, final investment decisions (FID) and supplier deals in Germany, Belgium, Portugal, Italy, Finland, Romania and the UK totally around 800MW of capacity.
The low-carbon subsidiary of German energy company LEAG is constructing Europe’s largest single-site battery storage project, in partnership with Fluence.
A flurry of BESS news from companies operating across Germany and the Netherlands, with utility Lichtblick launching construction on a 470MWh project in Saxony, Giga Storage inaugurating a project in Amsterdam, and cross-border BESS platform Return raising €300 million.
BESS provider Sungrow and power firm Engie have connected the first phase of a 400MW/800MWh project, one of the largest in Europe, to the grid in Belgium.