It’s been a busy few weeks in the run-up to Christmas in Europe’s BESS project space, with M&A, final investment decisions (FID) and supplier deals in Germany, Belgium, Portugal, Italy, Finland, Romania and the UK totally around 800MW of capacity.
A trio of large-scale BESS announcements by major power firms of 700-800MWh capacity each in Germany show the country’s energy storage market moving into the new era of scale.
A trio of Germany grid-scale BESS news items, with Next Kraftwerke and ju:niz Energy agreeing a seven year toll, Alpiq announcing a 370MW pipeline, and WBS Power selling the country’s largest solar-plus-storage project and planning a data centre on the same site.
European BESS news from project owners Premier Energy Group, Verbund, Eco Stor, Ingrid Capacity, Ric Energy, Ganfeng Lithium, EP Group, RWE and Giga Storage, securing acquisitions, financings and route-to-market (RTM) deals for multiple gigawatts of capacity this past week.
A week of claimed first-of-their-kind advances in Germany’s BESS market, including the combination of monitoring, diagnostics and energy trading on one platform, an optimisation deal allowing multiple companies to trade one asset, and a law change accelerating permitting.
In a major week for European BESS deal-making, project acquisition and financing deals have been done in the Poland, Germany, Finland, the UK and Romania for grid-scale projects totalling well over 1GW of capacity.
We hear from the co-founder and CEO of optimiser Suena Energy Dr. Lennard Wilkening about the evolution of BESS asset management in Europe, including the impact of artificial intelligence (AI).
