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.
US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.
Power firm EnBW is building a 100MWh BESS in Germany for completion this year (a year later than planned) while BESS platform Noveria Energy has signed a construction agreement with TSO TenneT for a 1GWh project for 2028 operations.
NGEN and Harmony Energy have made strides in deploying large-scale BESS projects in Germany, launching construction and securing pipeline financing respectively.
What are the merchant opportunities in Germany, where there are almost no capacity schemes or subsidies for energy storage? A panel of expert speakers discussed the opportunities in Europe’s largest energy market on the panel at the Energy Storage Summit 2026 in London in February.
