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Green Flexibility buys 500 MW of battery storage projects in Germany
The framework agreement stipulates that Hamburg-based Hansa Battery will develop the projects up to the construction-ready stage. Green Flexibility will then assume responsibility for implementation and operation, as well as contribute financially to securing the necessary grid reservations.
Nov 06, 2025
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Sunotec, Shell seal cross-border hedge for 600+ MWh battery storage
In a double announcement, Bulgarian energy storage and solar developer Sunotec confirmed two major milestones: the signing of a cross-border spread hedge agreement with Shell, linked to more than 600 MWh of battery energy storage projects, and the official signing of a 2.4 GWh battery storage supply agreement with Sungrow.
Latvia adds big batteries to complete grid sync with Europe, two major Estonian projects secure finance
The addition of two utility-scale battery energy storage systems (BESS) in Latvia marks the final milestone in synchronizing the Baltic power grids with continental Europe, according to the country’s transmission system operator. Meanwhile, Estonia is advancing two major BESS projects, backed with €85 million in financing, in another key step toward energy independence.
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‘Italy should expect battery and pumped hydro auctions in 2026’
'Curtailment will be a structural element of the operation of our system, period,' said Luca Marchisio, head of system strategy at Terna, during the Italian Renewables Investment Forum 2025. Other industry insiders said Italy is entering a phase in which energy management skills will be increasingly important at company level and planning will be increasingly central at system level.
Negative pricing reshapes solar finance as investors turn to storage for flexibility in Europe
Growing price volatility and the rise of negative pricing across power markets are pushing lenders and developers to rethink risk and revenue structures, focusing on asset flexibility and sustainable business models for storage, including co-location.
Plans announced for 245 MWh of battery storage projects in Croatia, Serbia
The Croatian government has allocated almost €20 million ($23.2 million) of European Union Modernization Fund grants to help complete a 60 MW/120 MWh battery energy storage system (BESS) at an aluminum rolling mill site days after plans were revealed for a utility-scale battery storage system in the Serbian city of Leskovac.
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India’s Avaada Group to invest $4.3 billion in renewables, BESS projects
Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore ($4.3 billion).
Base Power hauls in $1 billion to take its distributed home battery model beyond Texas
The two-year-old power company has deployed more than 100 MWh of residential battery capacity across Texas, pooling thousands of installs in homes into a grid resource as a virtual power plant. It will now expand the model nationally in the US.
Oct 09, 2025
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