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.
Large-scale BESS projects have been progressed in Italy, Romania, Germany, Poland, Denmark and elsewhere in Europe, totalling around 1GW under construction, 1GWh soon to be, and another 1GWh at earlier stages.
BayWa r.e. will manage and maintain Germany’s largest operational BESS when it comes online later this year, while Terra One has started building a smaller project in the same state.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
Leading European BESS owner-operators discuss the roles of subsidy schemes, contract revenues and merchant approaches in helping the continent build out its BESS pipeline.
We catch up with James Mills, managing director of UK BESS investor Adaptogen Capital, about UK market dynamics, its expansion into Europe, and BESS capex in 2026 and beyond.
A quartet of Germany BESS project announcements: Green Flexibility has completed a project, Suncatcher has enlisted Statkraft to optimise three solar-plus-storage ones, SWB and Be.storaged are together building a system, while ArcelorMittal has enlisted EDF Power Solutions to do so.
Large-scale BESS projects have been progressed to construction, financing or operations across the EU this week, by project owners, investors and EPC firms re:cap, LONGi, Teos, Flower, Goldbeck Solar, SPP and Tavion.
There’s been progress on several large-scale BESS projects in the UK, with Matrix Renewables securing financing for its Eccles project and BW ESS enlisting EDF to optimise its Hams Hall one; plus smaller announcements.
