Octopus Energy Generation has partnered with ZE Energy to invest in and build one of Italy’s biggest BESS projects, while Eco Stor has secured financing for one of Germany’s, which it is already building. Optimiser Entrix has also won two large contracts in Germany and the Netherlands.
Owner-operator Eco Stor has secured a long-term toll with utility Next Kraftwerke for its 300MW/700MWh project in Förderstedt, Germany, one of the largest being built in the country.
While Germany is often described as the ‘hottest’ energy storage market in Europe, growing uncertainty on multiple policy and regulatory topics has led to a ‘cooling’ of investor interest.
European BESS news from project owners Premier Energy Group, Verbund, Eco Stor, Ingrid Capacity, Ric Energy, Ganfeng Lithium, EP Group, RWE and Giga Storage, securing acquisitions, financings and route-to-market (RTM) deals for multiple gigawatts of capacity this past week.
Owner-operator Eco Stor has connected what it claimed is the largest BESS in Germany to the grid, while its former majority owner is going to build a BESS in Finland.
A flurry of major grid-scale BESS news in Finland, the Netherlands, Germany and France about projects which could all be described as the largest in those countries.
We hear from S&P Global Commodity Insights analysts and a former Fluence executive about the major trends shaping the competitive landscape of system integrators in the BESS industry.
