Investment and IPP news from across Europe, with DTEK buying a BESS project in Poland, Ingrid inaugurating one in Sweden and Triodos investing in a German portfolio.
A flurry of BESS project deployment news in Germany from Re.venture, Green Flexibility, EWE and Terra One, with the projects designed to relieve grid congestion and one configured for a 4-hour duration.
Dutch BESS operator Return has acquired four ready-to-build (RTB) projects in Germany, while agrifood tech and renewables investor N2OFF has added BESS to a solar project it is developing there.
Australian battery storage developer Akaysha Energy has secured an AU$300 million (US$196 million) corporate debt facility to accelerate its growing portfolio of utility-scale battery energy storage system (BESS) projects across Australia and global markets.
Asset manager MEAG and a subsidiary of inverter specialist SMA have partnered to deploy a 130MW/354MWh BESS in Germany, their second together and one which will deploy ‘next-generation’ inverters.
Long-term BESS offtake and PPA deals are clearly on the rise in Europe, but how are they evolving vi-a-vis structures, tenors and regional differences?
US-based lithium sulfur battery firm Lyten has now acquired nearly all of the assets of failed European lithium-ion battery startup Northvolt, with this deal to buy its gigafactories in Sweden and Germany and all IP.
We caught up with the CEO of BESS optimiser Enspired to discuss what the emergence of tolls means for companies like his, and what role optimisers can play in the area of performance warranties.
Utility and power generation firm EnBW has presented a 400MW/800MW BESS project proposal to a municipal council in Germany, for deployment at its Philippsburg nuclear power plant which is in the process of being decommissioned.