GoldenPeaks Capital targets 600 MWh BESS portfolio expansion

The European renewables investor has announced a battery energy storage system (BESS)-centered strategy following its success in the Polish Capacity Market auction.
Image: AleaSoft Energy Forecasting

GoldenPeaks Capital has announced BESS will be the main focus of its investment strategy, with the renewables developer targeting a 600 MWh portfolio expansion in 2025. It has assigned investment of EUR 100 million ($104 million) as part of its increased commitment to the battery storage segment.

The announcement follows recent success for GoldenPeaks Capital in Poland’s Capacity Market auction, the first time the developer has secured a contract through the scheme. It resulted in the investor adding 280 MWh of BESS to its portfolio.

GoldenPeaks Capital has been constructing and operating PV assets for more than 15 years, with the company claiming to have more than 2.2 GW of existing solar projects. On Jan. 17, 2025 it announced a further expansion of its solar business in Poland where it acquired 400 MW of ready-to-build assets from December 2024 to January 2025. The company aims to have more than 1 GW of solar projects in Poland in 2025.

In a statement, Adriano Agosti founder and chairman of GoldenPeaks Capital, said the shift toward greater investment in storage will see BESS become a “main pilar of GPC’s investment strategy.”

“We are at the forefront of this technology and have built a team of excellence over the past 18 months that will enable the fast execution of numerous BESS projects, first in Poland then across Europe,” said Agosti.

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