Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million (US$239.15 million).
Finnish marine and power technology firm Wärtsilä has ended an 18-month long strategic review of its Energy Storage and Optimisation (ES&O) business, a process which could have led to the firm divesting it.
A double helping of big energy storage news items in Poland, with the government launching a capex support scheme for grid-supporting BESS and state-owned power producer PGE revealing its long-term deployment plans.
Investor Copenhagen Infrastructure Partners (CIP) has partnered with GCSS, a joint platform of developers Ikigai Energy and Agnoli Giuggioli, to deploy 2.3GW of BESS in Italy.
A panel of developers, operators, OEMs and consultants discussed the different government approaches in Europe to ensuring long-term deployment of energy storage with revenue and capex support schemes, at last month’s Energy Storage Summit EU 2025.
Oil and gas major TotalEnergies has taken a final investment decision (FID) and started construction on a further six BESS projects in Germany, with Saft to provide the battery technology.
LG Energy Solution has confirmed that it will manufacture the batteries for a 263MW/900MWh BESS project in Poland at its plant in Wroclaw, in the southwest of the country.
