Owner-operators BW ESS and Ingrid Capacity have secured a SEK628 million (US$65 million) green loan financing from Nordea Bank for a jointly-owned 211MW portfolio in Sweden.
Investor Return has started construction on a 100MW/200MWh BESS project in the Netherlands, with energy storage technology supplied by system integrator Alfen and power company Vattenfall enlisted as long-term offtaker.
The grid-scale energy storage market in Italy holds much promise with very ambitious deployment targets for 2030, but it may be difficult for the industry to deliver on those targets.