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.
Allianz GI, Luxcara and Return have acquired BESS projects and portfolios in Germany, Finland and Spain; Low Carbon, OX2, Cero Generation and Revera have taken FIDs on projects in Poland, Finland and the UK; and NHOA Energy has received a 600MWh order in Italy. All in all, the projects total at least 3.7GWh of capacity.
We caught up with the CEO of owner-operator BW ESS, Erik Strømsø, about the firm’s next deployment plans, tolling trends, procurement and LDES, with its 11.5-hour Bannaby BESS in Australia further proof of lithium-ion’s long-duration potential.
How to enable bankability for large-scale BESS projects was the main topic of the opening panel discussion at the Energy Storage Summit 2026 which kicked off today (24 February).