Four large-scale BESS projects totalling a combined 2.2GWh of capacity in major EU markets can now proceed with construction following successful financing by owners OX2, R.Power, BRUC and Aukera.
The European Commission has approved a €9 billion (US$10.5 billion) scheme to shore up its energy capacity, which will be open to new and existing projects including energy storage.
TagEnergy has commissioned a 240MW/480MWh project in France while Iberdrola has done the same with a 58MW/120MWh system in Spain, the two largest projects in each country. Meanwhile Engie, ACL Energy and Chint Solar Europe have moved to construction on projects in Belgium, Italy and Germany.
We catch up with Ingmar Wilhelm, co-founder and CEO of developer and IPP Galileo, after the firm commissioned its first own-operate renewable energy project.
How can energy storage capitalise on energy price volatility in European markets, and how do investors need to think about future opportunities and challenges? An expert panel at the Energy Storage Summit 2026 in London in February dived into the topic.
Multinational power firm Engie has acquired two large-scale BESS projects in Spain, paired with synchronous condensers and has launched construction on a BESS in France.