There is a “healthy pipeline of projects in development” across Europe’s energy storage sector, but the technologies are as yet “significantly underutilised” below their potential.
The low prices and strict operational requirements in Italy’s recent MACSE auction for BESS have brought asset management and operational execution into the spotlight.
In a major week for European BESS deal-making, project acquisition and financing deals have been done in the Poland, Germany, Finland, the UK and Romania for grid-scale projects totalling well over 1GW of capacity.
From the US, Maxwell Technologies is acquired for its third time, by Clarios, Fullmark Energy completes a tax credit transfer, and OATI partners with Colville Tribes on microgrid solutions.
We hear from the co-founder and CEO of optimiser Suena Energy Dr. Lennard Wilkening about the evolution of BESS asset management in Europe, including the impact of artificial intelligence (AI).
An energy storage agreement (ESA) between Toronto, Ontario-headquartered developer Hydrostor and California community choice aggregator (CCA) Central Coast Community Energy (3CE) is set to be amended for the third time.
Swedish renewable energy developer OX2 has formally taken ownership of the 1.2GW Dinner Hill Wind Farm and the co-located 400MWh Harvest Battery Energy Storage System (BESS) in Western Australia.
