UK BESS owner Gresham House Energy Storage Fund (GRID) has entered into long-term floor agreements with Statkraft and Markel Bermuda, which will partially replace its toll with Octopus once that expires next year.

EU will not meet its 2030 clean energy targets unless cumulative battery storage deployments rapidly accelerate, SolarPower Europe has said.

Private equity firm KKR’s investment vehicle ContourGlobal has acquired BESS projects in Italy totalling 1.6GW of power and up to 9.5GWh of capacity, with an eye on the MACSE auctions in September.

There is now 9.8GWh of large-scale BESS online in the UK, according to the latest data from Solar Media Market Research’s ‘Battery Storage: UK Pipeline & Completed Assets Database’ report.

Battery energy storage system (BESS) developer Giga Storage has acquired a 350MW/1,400MWh BESS asset in Germany, marking an expansion into the broader European energy storage market.

BESS developer-operator Dais Energy Ventures and investor Electric Land have announced a joint venture (JV) to develop, build and operate 4GW of BESS projects in Germany.

Owner-operator BW ESS and developer Ibersun have entered into a partnership to develop and deploy 2.2GW of BESS projects in Spain.

Lithium-ion OEM Envision Energy will deploy a 120MW/240MWh BESS in France for IPP Kallista Energy, using LFP battery cells from gigafactory subsidiary AESC, which has a gigafactory nearby.

IPP MET Group has put a 40M/80MWh BESS in Hungary into commercial operation, deployed using technology from Huawei.

We caught up with the CEO of Bulgaria-based International Power Supply (IPS) to discuss its claimed first mass-scale cell-to-system BESS manufacturing facility in Europe and its ultra-high density 20-foot product.