UK BESS owner Gresham House Energy Storage Fund (GRID) has entered into long-term floor agreements with Statkraft and Markel Bermuda, which will partially replace its toll with Octopus once that expires next year.

Developer Merus Power has delivered and commissioned a 38MW/43MWh battery energy storage system (BESS) in Lappeenranta, Finland.

EU will not meet its 2030 clean energy targets unless cumulative battery storage deployments rapidly accelerate, SolarPower Europe has said.

Private equity firm KKR’s investment vehicle ContourGlobal has acquired BESS projects in Italy totalling 1.6GW of power and up to 9.5GWh of capacity, with an eye on the MACSE auctions in September.

There is now 9.8GWh of large-scale BESS online in the UK, according to the latest data from Solar Media Market Research’s ‘Battery Storage: UK Pipeline & Completed Assets Database’ report.

Utility Ignitis Group has taken a final investment decision (FID) on three large-scale battery storage projects in Lithuania.

A lithium-sulfur battery startup has purchased Northvolt’s battery storage system factory in Poland and intends to reopen it immediately.

Battery energy storage system (BESS) developer Giga Storage has acquired a 350MW/1,400MWh BESS asset in Germany, marking an expansion into the broader European energy storage market.

Update 27 June 2025: Trianel and Luxcara responded to Energy-Storage.news’ enquiries below regarding the project timelines and the Battery Park’s planned capacities.

A new automated facility will need around 85% fewer employees per GWh of annual BESS manufacturing capacity, Bulgaria-based IPS said.