Lenders are increasingly willing to back large-scale BESS projects in Germany that don’t have any contracted revenues, although that merchant risk is priced in to structures, an executive at Aquila Clean Energy EMEA said.
Another roundup of European grid-scale BESS project news, led by MORE and Zenobe putting Greece and UK projects into operation, and major project financings/construction starts by Acacia in France, Greenvolt in Hungary and Eco Stor in Germany.
A trio of European BESS announcements, with Merus Power securing an order in Finland and IPPs Metlen and Aquila Clean Energy EMEA winning government financial support for projects in Italy and Portugal respectively.
Renewable energy developer-investor Aquila Clean Energy has contracted optimiser Entrix to provide route-to-market services for two battery projects in Germany.
