Energy Storage News•about 1 month ago
Germany: Statkraft, Kyon and Juniz commission, procure and finance projects totalling 213MWh of BESS
Key Takeaway
The progression of 213MWh of BESS projects in Germany underscores the robust and expanding market for grid-scale energy storage, offering critical opportunities for developers and enhanced grid resilience for large power consumers.
AI Summary
- •Statkraft, Kyon Energy, and Juniz Energy are advancing 213MWh of Battery Energy Storage System (BESS) projects in Germany.
- •The projects involve commissioning, procurement, and financing, indicating active development and investment in grid-scale storage.
- •This significant BESS capacity contributes to grid stability, renewable energy integration, and ancillary service markets in a key European economy.
- •For developers, this highlights continued growth and partnership opportunities in the German storage market; for large loads, it signals improved grid reliability and potential for demand-side management services.
Topics
capacity-marketfinancingpolicystorage