What is driving and shaping European BESS project financing and M&A this year?

The Czech Republic’s fourth pumped hydro energy storage plant is to be built within an existing hydropower complex, converting convention run-of-river into reversible units, creating 750MWh of energy storage capacity.

A ‘staged approach’ to implementing the EU Battery Passport could be essential if Europe is to improve its battery supply chain.

IPP Greenvolt has put a 99.8MW/288.6MWh BESS into commercial operation in Hungary, the largest in the country, while pipelines and projects have been progressed in Italy, France, Netherlands, Belgium and Spain.

‘We are walking with open eyes into new dependencies,’ said ReCharge’s Ilka von Dalwigk at the Energy Storage Summit.

There is a big gap in the industry’s understanding of the Spanish energy storage market, but that gap also creates opportunities for smart operators, writes Ignacio López Martín, chair of developer Capflex Energía.

We go through the main movers and shakers commercialising large-scale thermal energy storage technologies today.

The inertia market could be a significant contributor to the German energy mix, despite the challenges that remain.

Minimising counterparty risk is a key component of the German BESS sector, particularly amid ongoing political uncertainty.

A trio of notable Germany announcements: Aquila Clean Energy EMEA has financed a merchant project, Chint Solar has sold a portfolio to Second Foundation while Twaice will provide analytics on behalf of BayWa r.e..