A European Commission (EC) proposal to add domestic content requirements for energy storage will ‘significantly impact’ the industry but may not reduce overall dependence on China.
Inverter and BESS firm Sungrow and BESS owner-operator Delta Capacity signed a 1GWh framework supply agreement for European projects at the Energy Storage Summit 2026 in London last week.
In this second part of our interview with Wood Mackenzie energy storage analysts, we look at risk factors and mitigation across the European and US markets.
We heard from Danske Commodities’ principal originator Rimshah Javed at the Energy Storage Summit 2026, to discuss trends in BESS offtake, optimisation, FCAs in Germany and the Danish market. The latter has taken off in the past year.
A second-round auction in the UK for grid stability services, including inertia, concluded without any wins for grid-forming battery energy storage system (BESS) projects.
Allianz GI, Luxcara and Return have acquired BESS projects and portfolios in Germany, Finland and Spain; Low Carbon, OX2, Cero Generation and Revera have taken FIDs on projects in Poland, Finland and the UK; and NHOA Energy has received a 600MWh order in Italy. All in all, the projects total at least 3.7GWh of capacity.
US energy storage and battery technology startup Lyten has completed its acquisition of Northvolt’s business operations in Sweden and announced its immediate plans.
We caught up with the CEO of owner-operator BW ESS, Erik Strømsø, about the firm’s next deployment plans, tolling trends, procurement and LDES, with its 11.5-hour Bannaby BESS in Australia further proof of lithium-ion’s long-duration potential.
