EU needs 500GWh-780GWh of BESS to meet 2030 renewables targets, SolarPower Europe says
EU will not meet its 2030 clean energy targets unless cumulative battery storage deployments rapidly accelerate, SolarPower Europe has said.
EU will not meet its 2030 clean energy targets unless cumulative battery storage deployments rapidly accelerate, SolarPower Europe has said.
Battery energy storage system (BESS) developer Giga Storage has acquired a 350MW/1,400MWh BESS asset in Germany, marking an expansion into the broader European energy storage market.
Germany and the UK are currently Europe’s ‘hottest’ markets for battery storage, but others present exciting opportunities, too.
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Germany is currently the “hottest market in Europe today from a development perspective,” according to battery storage developer-investor BW ESS.
Fluence has launched a new AC-based modular battery storage platform for delivery in the fourth quarter of this year.
Energy storage developer-owner BW ESS has entered its fifth international market, partnering with developer MIRAI Power in Germany.
State-owned utility and power generation firm NEK is deploying BESS at its hydropower plants across Bulgaria.
Fluence has reported a year-on-year fall in quarterly revenues and lowered its 2025 guidance but sees ‘robust’ global demand for battery storage.