We hear from industry sources about why we’ve seen a flurry of investors acquiring energy storage developer-operators in the UK and Germany, Europe’s two largest markets by BESS deployments.

Germany and Spain are among the energy storage markets of Europe that clients are most keen to learn more about, according to Wood Mackenzie analyst Anna Darmani.

A microgrid project combining solar PV, wind and a 10MWh flow battery in Germany has been completed by BayWa r.e., Ampt and Fraunhofer.

Brookfield-owned renewable energy developer and operator X-ELIO has partnered with another infrastructure investor to invest in German battery storage developer and system integrator Eco Stor.

Multinational utility and IPP RWE has started building its first battery energy storage system (BESS) project in the Netherlands.

Optimising co-located BESS is “much more complicated” than standalone and few companies can do it well, panellists on Day 2 of Solar Finance & Investment Europe (SFIE) said.

Oil and gas major TotalEnergies has acquired Kyon Energy, one of the most active battery energy storage system (BESS) project developers in Germany.

Compressed air energy storage (CAES) firm Corre Energy has agreed an offtake and co-investment deal with utility Eneco for a project in Germany.

The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).

The National Energy and Climate Plans (NECPs) of European Union (EU) Member States are largely falling short in recognising the vital role of energy storage, the Energy Storage Coalition has said.