We catch up with executives from second life specialist BESS integrator Voltfang and investor Palladio Partners to discuss their recent €250 million (US$293 million) partnership to deploy projects in Germany.
The power markets of Europe continue their shift to 15-minute settlement periods today (30 September), a reform which could increase the revenue opportunities for energy storage and other flexibility resources.
Investment and IPP news from across Europe, with DTEK buying a BESS project in Poland, Ingrid inaugurating one in Sweden and Triodos investing in a German portfolio.
Just over 70% of the successful projects in the first window of the UK’s long-duration energy storage (LDES) scheme are using lithium-ion BESS technology.
The Baltics is among the most attractive regions in Europe for battery energy storage system (BESS) investment right now, with the recent decoupling from Russia and increasing renewable energy use sending flexibility needs soaring.
BYD has presented its latest grid-scale BESS product, pushing energy density even further to its limits, while Eve and Sunwoda have progressed commercialisation of high capacity battery cells.
Power firm PGE has started building a 262MW/981MWh BESS in Poland with LG batteries, coinciding with Solar Media’s Energy Storage Summit CEE, which kicked off today (23 September).
Projects supported by the UK government’s long-duration energy storage (LDES) cap-and-floor could significantly dampen price spreads but also affect non-LDES flexibility assets.
