Germany: Federal Network Agency picks 490MW of solar-plus-storage from oversubscribed tender
Germany has awarded contracts to 490MW of solar-plus-storage projects in its latest “innovation” auction for co-located renewables.
AIP acquires 49% stake in BW ESS UK storage portfolio for nearly US$900 million
Asset manager AIP Management has bought a 49% stake in a 2.4GWh UK portfolio from global BESS investment platform BW ESS for a deal in excess of £650 million (US$873 million).
Sungrow and Engie complete first half of 200MW/800MW Belgium BESS
BESS provider Sungrow and power firm Engie have connected the first phase of a 400MW/800MWh project, one of the largest in Europe, to the grid in Belgium.
Italy’s ‘exceptionally competitive’ first MACSE energy storage auction concludes, procuring 10GWh
The TSO of Italy has completed its first MACSE auctions for energy storage, procuring 10GWh of capacity at what the NHOA CEO called ‘exceptionally competitive prices’.
VPI and ADS-TEC reveal combined 1.7GW German BESS plans
Power firm VPI has signed a 700MW pipeline BESS joint venture in Germany with developer Noveria Energy, while system integrator ADS-TEC has revealed a 1GW/2GWh project.
Europe continues move to 15-minute power market settlement, increasing value of flexibility
The power markets of Europe continue their shift to 15-minute settlement periods today (30 September), a reform which could increase the revenue opportunities for energy storage and other flexibility resources.
DTEK, Ingrid and Triodos expand BESS market footholds in Poland, Sweden and Germany
Investment and IPP news from across Europe, with DTEK buying a BESS project in Poland, Ingrid inaugurating one in Sweden and Triodos investing in a German portfolio.
Italy: IPP orders 220MWh from Sungrow as MACSE approaches
IPP EP Produzione has ordered 220MWh of BESS from inverter and energy storage firm Sungrow in Italy, with a storage-focused capacity auction scheme just 11 days away.
Re.venture, Green Flexibility, EWE progress Germany BESS projects, Terra One raises €150 million
A flurry of BESS project deployment news in Germany from Re.venture, Green Flexibility, EWE and Terra One, with the projects designed to relieve grid congestion and one configured for a 4-hour duration.
Sympower and Suena raise combined €27 million for European BESS optimisation, international expansion
Europe-based BESS optimisation and flexibility providers Sympower and Suena have completed Series B1 and A fundraisings respectively.
