Engie hires former subsidiary NHOA Energy for 320MWh Belgium battery storage project
NHOA Energy has secured contracts from Engie for an 80MW/320MWh BESS at Engie’s Drogenbos power station, near Brussels, Belgium.
Li-ion battery pack prices fell 8% since last year despite metals prices rising, BloombergNEF says
Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.
UK: ‘Painful but necessary’ reforms see 153GW of battery storage projects cut from grid connection queue
The UK’s National Energy System Operator (NESO) will offer grid connection offers up to 2035 to 283GW of projects following a reform of the process.
ADS-TEC battery-buffered EV fast chargers put into ancillary services market in Austria
Project to integrate electric vehicle fast-chargers into ancillary services markets could be widely replicated, according to ADS-TEC Energy.
Germany Roundup: 500MW BESS and data centre transaction, seven-year toll and 370MW pipeline secured
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.
Multiple gigawatts of European BESS project M&A, financing and route-to-market deals
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.
250MWh ‘Sand Battery’ to start construction in Finland, for both heating and ancillary services
Technology provider Polar Night Energy and utility Lahti Energia have partnered for a large-scale project using Polar’s ‘Sand Battery’ technology for the latter’s district heating network in Vääksy, Finland.
Energy storage ‘significantly underutilised’ in EU despite recent growth and policy support
There is a “healthy pipeline of projects in development” across Europe’s energy storage sector, but the technologies are as yet “significantly underutilised” below their potential.
Germany BESS ‘firsts’: Integrated software, multi-party optimisation, privileged permitting
A week of claimed first-of-their-kind advances in Germany’s BESS market, including the combination of monitoring, diagnostics and energy trading on one platform, an optimisation deal allowing multiple companies to trade one asset, and a law change accelerating permitting.
European BESS M&A and financings totalling over 1GW
In a major week for European BESS deal-making, project acquisition and financing deals have been done in the Poland, Germany, Finland, the UK and Romania for grid-scale projects totalling well over 1GW of capacity.
