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.
The two companies will collaborate to deploy the grid-scale battery energy storage system (BESS) projects at strategic grid nodes across Germany, with the first project expected to reach commercial operation in 2026.
The projects will encompass both smaller distribution connected assets as well as gigawatt-hour scale transmission assets.
The JV’s local team includes head of grid Cristina Yandiola, formerly of Spain-based utility and power generation firm Iberdrola, and head of development Jose Henkle, who joins from Iberdrola’s French peer EDF.
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Germany is targeting a massive 60GWh of new BESS by 2037 to help integrate an equally ambitious renewables pipeline, including a 215GW solar PV target (by 2030).
“This joint venture marks a major milestone for Electric Land as we seek to deliver on our already substantial pipeline in Germany, scaling up our investment and operational footprint,” said Ben Lansman, managing director at Electric Land.
Daniel Connor, CEO at Dais, said: “We are excited to collaborate with local and national grid operators to provide the support German grids desperately need to increase renewable penetration whilst maintaining system security.”
That 60GWh target unsurprisingly means Germany is set to be Europe’s largest BESS market, and it is currently a hotbed of development and deployment activity. Our publisher Solar Media hosted its inaugural Energy Storage Summit Germany, earlier this month in Stuttgart (3-5 June), where Yandiola spoke on a panel.
See all our recent coverage here, including a supply deal between Samsung SDI and BESS manufacturer Tesvolt, a market entry by IPP Econergy and an interview with virtual tolling platform Terralayr (Premium).
Dais Energy announced its entry into the BESS market last year, revealing a 250MW pipeline in Denmark and plans for elsewhere which O’Connor discussed with Energy-Storage.news in an interview.
