Virtual BESS tolling platform startup Terralayr has raised €192 million (US$223 million), primarily for its own build-own-operate BESS pipeline. CEO Philipp Man spoke to Energy-Storage.news about the funding round and growing its capacity virtualisation and tolling platform.
2025 saw genuinely large-scale BESS projects start construction in Germany, strengthening confidence among stakeholders. But significant challenges remain around grid connection, connection agreements and access to revenue streams, an operator said.
IPP Zelestra and utility EDP’s recent PPA deal for a solar-plus-storage project in Spain was the first of its kind in Europe and ‘moves the market forward’, a Zelestra executive told Energy-Storage.news.
California Community Choice Aggregator (CCA) Clean Power Alliance (CPA) last week (8 December 2025) moved one step closer to executing agreements for offtake with two companies developing innovative thermal battery storage projects.
A trio of Germany grid-scale BESS news items, with Next Kraftwerke and ju:niz Energy agreeing a seven year toll, Alpiq announcing a 370MW pipeline, and WBS Power selling the country’s largest solar-plus-storage project and planning a data centre on the same site.
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.
An energy storage agreement (ESA) between Toronto, Ontario-headquartered developer Hydrostor and California community choice aggregator (CCA) Central Coast Community Energy (3CE) is set to be amended for the third time.
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?