Owner-operators BW ESS and Ingrid Capacity have secured a SEK628 million (US$65 million) green loan financing from Nordea Bank for a jointly-owned 211MW portfolio in Sweden.
Sweden-headquartered BESS developer-operator Ingrid Capacity will build a 70MW/140MWh project in Finland, which it claimed will be the largest in the country.
As Europe’s BESS industry matures, project owner-operators are taking on more control – and risk – when it comes to procuring technology and services for their projects.
European lithium-ion OEM Northvolt has sold the division in which its ESS manufacturing plant in Poland sits, as it continues to divest non-core assets amidst its ongoing Chapter 11 bankruptcy.
Industry experts discussed the varying approaches in Europe to procuring energy storage via long-term support schemes on Day One of Solar Media’s Energy Storage Summit 2025 in London, which kicked off today (18 February).
In this installment of our Year in Review series, we hear from developer and independent power producers (IPPs) Econergy and Ingrid Capacity, both active in the European market.
European battery company Northvolt has filed for Chapter 11 ‘reorganisation’ bankruptcy in the US, which it said will allow it to restructure its debt to continue scaling the business.
A double header of news from Sweden, with BESS developer-operator Ingrid Capacity launching what it claimed is the largest project in the Nordics, and optimiser Flower completing a Series A.
A roundup of news from Europe, with Alfen and Sermatec deploying BESS projects in Sweden and Bulgaria and new firm terralyr raising €77 million for project development and operation, starting in Germany.
Developer and optimiser Ingrid Capacity and investor BW ESS have commissioned a 211MW/211MWh BESS portfolio in Sweden, the largest in the Nordics, they claimed.
