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.
Spanish independent power producer (IPP) Grenergy has planned to invest €3.5 billion (US$3.9 billion) to increase its energy storage and hybrid portfolio by 2027.
Ingrid Capacity and SEB have broken ground on a large-scale BESS in Finland, while Monsson has acquired a project in Sweden which it will start building in June.
Utility and power generation firm RWE will trade 50MW/100MWh of BESS capacity in Germany from the virtual aggregation platform of startup Terralayr under a five-year agreement.
