We hear from Gresham House and optimisers Capalo AI and Flower on the BESS industry’s move away from merchant-only models towards more contracted revenues.
Swiss investment fund and project development vehicle MW Storage has contracted Fluence to supply and integrate a 20MW battery storage asset in Finland.
System integrator Alfen will provide a BESS for co-location with a wind farm in Sweden while aluminium company Hydro has inaugurated a solar and BESS project at one of its extrusion facilities.
Finding developers who want long-term partnerships on projects is key when entering multiple different markets, the head of shipping and energy infrastructure firm BW Group’s energy storage development and operation arm says.
While Norway once aimed to be the ‘battery of Europe’ it has since been overtaken other Nordic countries Sweden and Finland for BESS deployments. Research firm LCP Delta’s Jon Ferris explores the region’s energy storage market dynamics in this long-form article.
Paper product company Arctic Paper has tied up with developer S.E.R to deploy BESS projects for ancillary services totalling 24MW at two of its factories in Sweden, with plans to do something similar in Poland.
Executives from Northvolt discussed the gigafactory company’s ramp-up after a slow 2023 and how the company intends to be competitive in the global market, as well as cell technology, recycling, sourcing from China and an eventual IPO.
The EU is ‘stepping up its game on battery gigafactories’, European Commission executive VP Maroš Šefčovič said at the Giga Europe conference today (12 March).
Developer Ingrid Capacity and the storage arm of maritime firm BW Group are now building 14 BESS projects in Sweden with a combined capacity of over 200MW, with the latter also entering the Italian market.
