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).
BESS provider Sungrow and power firm Engie have connected the first phase of a 400MW/800MWh project, one of the largest in Europe, to the grid in Belgium.
The TSO of Italy has completed its first MACSE auctions for energy storage, procuring 10GWh of capacity at what the NHOA CEO called ‘exceptionally competitive prices’.
Power firm VPI has signed a 700MW pipeline BESS joint venture in Germany with developer Noveria Energy, while system integrator ADS-TEC has revealed a 1GW/2GWh project.
We catch up with executives from second life specialist BESS integrator Voltfang and investor Palladio Partners to discuss their recent €250 million (US$293 million) partnership to deploy projects in Germany.
The power markets of Europe continue their shift to 15-minute settlement periods today (30 September), a reform which could increase the revenue opportunities for energy storage and other flexibility resources.
Investment and IPP news from across Europe, with DTEK buying a BESS project in Poland, Ingrid inaugurating one in Sweden and Triodos investing in a German portfolio.
IPP EP Produzione has ordered 220MWh of BESS from inverter and energy storage firm Sungrow in Italy, with a storage-focused capacity auction scheme just 11 days away.
A flurry of BESS project deployment news in Germany from Re.venture, Green Flexibility, EWE and Terra One, with the projects designed to relieve grid congestion and one configured for a 4-hour duration.
