We catch up with the CFO and co-founder of German BESS own-operate platform Terra One, after its €150 million (US$173 million) mezzanine financing to scale up in Europe’s hottest energy storage market.

Thermal energy storage (TES) technology company Kyoto Group’s latest project will displace the use of natural gas at a corn processing plant in Hungary, Europe.

A total of 49.4GW/136.5GWh of grid-scale BESS came online in the first nine months of the year, up 36% compared to the same period in 2024.

BESS asset management in the UK has moved beyond the rudimentary ‘project delivery and basic O&M’ approach, a speaker at the upcoming Battery Asset Management Summit UK & Ireland explained in a Q&A.

Germany has awarded contracts to 490MW of solar-plus-storage projects in its latest “innovation” auction for co-located renewables.

Lithuania’s government will publish a call for applications tomorrow (10 October) for a scheme to support energy storage, which is deemed crucial to the country’s energy security.

GoldenPeaks Capital (GPC) and Huawei Polska have signed a Memorandum of Understanding (MoU) on a Battery Energy Storage System (BESS) cooperation focusing on 500MWh grid-forming BESS in Europe.

Repurposing EV battery packs and modules into BESS obviously has environmental benefits, but challenges around pricing, performance and safety remain, panellists at an industry event in London said last week.

BSW-Solar has called on the German government to impose a target of 100GWh of cumulative operational BESS by 2030.

Asset manager AIP Management has bought a 49% stake in a 2.4GWh UK portfolio from global BESS investment platform BW ESS for a deal in excess of £650 million (US$873 million).