The reasons why investors are buying BESS firms in UK, Germany
A render of a BESS project in Germany from Kyon Energy, which was acquired by TotalEnergies in January. Image: Kyon Energy. We hear from industry sources about why we''ve seen a flurry of investors acquiring energy storage developer-operators in the UK and Germany, Europe''s two largest markets by BESS deployments.
Acwa Power submits Noor Midelt 2 and 3 winning bids
4 天之前· Riyadh-based utility developer and investor Acwa Power is leading a team that has submitted the winning bids for the contracts to develop Morocco''s latest two solar independent
New Energy Partnership – Battery Storage Developer UK
New Energy Partnership, an experienced team backed by significant equity investment are targeting delivery of more than 2GW of Battery Energy Storage Systems (BESS) and renewable energy projects this decade to support the country''s transition to Net Zero.
BESS developer Jupiter Power secures US$225 million from
This year saw a flurry of big financing deals announced by US BESS developers over the Spring and Summer. These included Canadian Solar subsidiary Recurrent Energy securing US$513 million for a 1,200MWh project in Arizona in June and Intersect Power closing two financing deals worth a total US$837 million for three projects in Texas a month later.
Morocco opens tender for 400-MW Noor Midelt III
The competitive process will seek to select a private partner to finance, build and operate the photovoltaic (PV) park near the town of Midelt in the Atlas mountains, along with a 400-MWh battery energy storage system
Elements Green secures planning consent for 360MW BESS
The UK has been ranked the world''s third most attractive country for BESS development, and major investment into the UK BESS sector has been on the rise. Power producer RWE has been making significant moves in the BESS sector, with the company recently announcing it was moving forward with proposals for a 350MW BESS to be located in Wales.
Aquila launches construction on Trina BESS project in Germany
BESS developer-operator Aquila Clean Energy has started building a 50MW/100MWh project in Germany, its first major one in the country. The company announced the start of construction on the project in the Strübbel municipality in the state of Schleswig-Holstein earlier this week (26 August). It is the first of 14 projects planned in Germany
Masdar Arlington, RPC progress 112MW of BESS
Developer-operator Masdar Arlington Energy has started construction on two BESS projects with a combined capacity of 55MW, one in Rochdale and one in Stockport. The announcement follows Masdar''s
Western Grid Development
The Western Grid Development – BESS is a 5,000kW energy storage project located in Santa Paula, California, US. The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was
BW ESS and Ingrid Capacity building 200MW+ of
The trio will become joint shareholders in three development-stage BESS projects totalling 395MW of capacity, comprising a 111MW project in Lombardia, a 97MW project in Puglia and a 187MW one in Piemonte. The
Belgium: TotalEnergies announces BESS as energy minister visits
In January, TotalEnergies acquired German BESS developer Kyon Energy, for €90 million (US$98 million) upfront, plus further payments linked to development targets, while a few months back in October, the French company switched on a 255MWh Saft BESS at a solar PV plant in Texas, US.
''Extremely attractive revenues'' for battery storage in
That announcement coincided with two large-scale BESS in Sweden being progressed by their owners. IPP Ilmatar now has a 50MW PV, 20MW BESS in Knihult fully permitted to start construction in 2024 while
Tesla signs 15.3GWh Megapack BESS supply deal
Energy-Storage.news reported yesterday (18 July) that the developer has raised a further US$837 million for three 160MW/320MWh Texas BESS projects, all set to comprise Megapacks. Two of those will be optimised
Masdar Arlington, RPC progress 112MW of BESS projects
Developer-operator Masdar Arlington Energy has started construction on two BESS projects with a combined capacity of 55MW, one in Rochdale and one in Stockport. The announcement follows Masdar''s announcement last year that it plans to invest £1 billion (US$1.26 billion) in the UK BESS market .
UK developer BOOM Power wins planning approval for 300MW/660MWh BESS
Renewable energy and energy storage developer Boom Power has successfully landed planning permission for a major battery energy storage system (BESS) project on the Isle of Anglesey, Wales, UK. The Carrog BESS is a 300MW/660MWh, 2-hour duration project located at Carrog Ganol, near Cemaes. The developers emphasise that the 38.7-acre project
Morocco launches 400MWh solar plus storage tender
Prequalification for a large solar plus storage project in Morocco has been launched by the country''s state-funded renewable energy development organisation Masen. Masen issued its invitation for interested parties to pre
Latest Battery Energy Storage System (BESS) Projects in Morocco
Stay Informed with the Latest Battery Energy Storage System (BESS) Project Developments in Morocco. Never miss another business opportunity. Our cutting-edge AI-powered technology, Black, continuously scans and monitors hundreds of thousands of news and tender sources worldwide, uncovering new battery energy storage system (BESS)projects in Morocco.
Developer Elements Green bags preliminary planning approval
Developer Boralex and its partner Six Nations of the Grand River Development Corporation (SNGRDC) have closed the CA$538 (US$372.82) million financing of a 300MW/1,200MWh BESS park. EVLO announces successful delivery of 12.8MW/64MWh BESS for first California project
AGL to acquire solar and BESS developers with 8.1GW pipeline
Firm Power, a BESS developer, has 21 grid-scale projects currently in development across Australia, comprising 2.3GW of capacity in New South Wales, 2.7GW in Queensland, 500MW in Western Australia
Morocco shortlists bidders in 400-MW Noor Midelt III
Eight bidding companies and consortia have been pre-qualified in the tender for the development and construction of the 400-MW Noor Midelt III solar power complex in Morocco, the Moroccan Agency for Sustainable
Sungrow signs supply deal with UK developers for 1.7GWh BESS
Sungrow will supply 280 sets of its PowerTitan 2.0 liquid-cooled BESS units for the Hams Hall energy storage project, which is currently under development in North Warwickshire, England. The Hams Hall project, which was granted planning consent in May 2022, is a 350MW/1750MWh BESS project by Penso Power and Luminous Energy, funded by BW
Morocco floats 400 MWh BESS tender for Noor Midelt
With an installed photovoltaic solar capacity of approximately 400 MW and a storage capacity of 400 MWh based on Battery Systems (BESS), the project is perhaps the largest energy storage initiative ever undertaken by
Avadis buys largest BESS project in Switzerland, for 2027 start
Infrastructure investor Avadis Investment Foundation is buying a BESS project in Switzerland which could be the country''s largest when it is scheduled to come online in 2027. Avadis will acquire the project from developer 49Komma8 AG, with construction set to begin in 2026 for a commercial operation date (COD) the following year.
SSE Renewables begins construction of 640MWh BESS in the UK
Earlier this year (15 April), the organisation confirmed that its 50MW/100MWh 2-hour duration Salisbury project became its first operational BESS. SSE Renewables is also constructing a 150MW battery project in Ferrybridge, West Yorkshire, which is due for completion in the first half of 2025. EIG launches new BESS developer with 3GW BESS pipeline
Developer planning 204MW project in Romania with
The BESS project from developer Electric Spot has been waved through the EIA process by the National Agency for Environmental Protection (Agenția Națională pentru Protecția Mediului, or ANPM), part of the Ministry of
Elements Green secures planning consent for 360MW
The UK has been ranked the world''s third most attractive country for BESS development, and major investment into the UK BESS sector has been on the rise. Power producer RWE has been making significant
Lemon Sistemi and Volt ESG in 2GW Italy battery storage deal
Prior to these, GW-scale BESS development agreements were stuck by Redelfi and WRM, and Eku Energy and Renera, while Field, Aura Power and SUSI Partners are all entering the market too. Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 21-22 February 2024. This year it is moving to a
Battery energy storage systems (BESS): Insights for developers
Developers face drops in revenues. BESS developers currently face lower revenues compared to the highs of 2021 and 2022. Several factors have been cited as causing this downswing, including: Increased competition; Falling wholesale energy prices; Falling energy trading values; The full impact on the sector of the decrease in BESS revenue
Tesla signs 15.3GWh Megapack BESS supply deal with US developer
Energy-Storage.news reported yesterday (18 July) that the developer has raised a further US$837 million for three 160MW/320MWh Texas BESS projects, all set to comprise Megapacks. Two of those will be optimised by Tesla''s Autobidder software platform.
SemperPower, Corre, Powerfield with Netherlands BESS projects
The firm is primarily a project developer, focusing on CAES up until now. PowerField commissions country''s largest PV co-located BESS. Independent power producer (IPP) PowerField has put a 52MWh BESS at a PV plant into operation, the largest co-location in the Netherlands, it claimed.
Sungrow in 1GWh+ BESS deal with US developer Spearmint
Sungrow will provide Spearmint Energy with more than a gigawatt-hour of battery energy storage system (BESS) technology after signing an agreement with the US developer. The Chinese PV inverter manufacturer and battery storage system integrator will deploy its PowerTitan 2.0 liquid-cooled containerised BESS solution at Spearmint Energy
''Extremely attractive revenues'' for battery storage in Nordics
That announcement coincided with two large-scale BESS in Sweden being progressed by their owners. IPP Ilmatar now has a 50MW PV, 20MW BESS in Knihult fully permitted to start construction in 2024 while developer SENS has signed a land lease in Hallsberg for a 50MW, earlier-stage project.