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.

Nearly 70% of the 4.5GW/12.7GWh of grid-scale BESS that came online across the globe last month was in China.

A flurry of BESS news from companies operating across Germany and the Netherlands, with utility Lichtblick launching construction on a 470MWh project in Saxony, Giga Storage inaugurating a project in Amsterdam, and cross-border BESS platform Return raising €300 million.

Europe-based BESS optimisation and flexibility providers Sympower and Suena have completed Series B1 and A fundraisings respectively.

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.

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?

Power generation firm RWE has put a BESS in the Netherlands into commercial operation, its first that is capable of providing inertia to the grid.

Battery energy storage system (BESS) developer Giga Storage has closed financing on a 300MW/1,200MWh project in the Netherlands.

Developer BayWa r.e. has sold a 300MW BESS in the Netherlands to tank storage company Vopak.

Investor Return has started construction on a 100MW/200MWh BESS project in the Netherlands, with energy storage technology supplied by system integrator Alfen and power company Vattenfall enlisted as long-term offtaker.