Energy Storage News•9 days ago
European BESS: 800MW of project awards, M&A and financing announced across continent
Key Takeaway
The European BESS market is experiencing a significant surge in investment and project development, presenting substantial opportunities for developers and large power consumers across the continent.
AI Summary
- •Over 800MW of Battery Energy Storage System (BESS) capacity has been announced or awarded across Europe, indicating a rapidly expanding market.
- •Significant BESS project activity, including M&A, Final Investment Decisions (FID), and supplier deals, is concentrated in Germany, Belgium, Portugal, Italy, Finland, Romania, and the UK.
- •This surge in activity signals robust investment and development opportunities for BESS developers and potential for large power consumers to integrate storage for grid services, resilience, or arbitrage.
- •The widespread geographic distribution of projects suggests a broad and maturing European market for energy storage solutions.
Topics
financingm&apolicystorage
Article Content
It's been a busy few weeks in the run-up to Christmas in Europe's BESS project space, with M&A, final investment decisions (FID) and supplier deals in Germany, Belgium, Portugal, Italy, Finland, Romania and the UK totally around 800MW of capacity.