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Battery Energy Storage System (BESS)

Luxcara Announces Acquisition of 125 MW Ready-to-Build Battery Energy Storage System (BESS) Project in Finland

/HAMBURG, KEMINMAA, February 26, 2026, 10:15 CET, RENEWABLE MARKET WATCH™/ Luxcara has made a significant move in the Nordic energy market by acquiring this 125 MW ready-to-build Battery Energy Storage System (BESS) project in Finland, marking a key milestone in grid stability and sector leadership. The acquisition of Project Tuisku significantly reinforces Luxcara’s presence in […]
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OX2 Will Invest in Energy Storage Projects in Finland

/LONDON, February 25, 2025, 9:00 GMT, RENEWABLE MARKET WATCH™/ OX2 has made a significant investment decision to begin construction of its first-ever energy storage facilities in Finland, with a combined capacity of 235 MW and 470 MWh. These innovative storage facilities will be strategically co-located alongside the Kannisto and Korkeamaa wind power projects, both of which received their investment approvals in December 2025.
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Axpo and Advance Green Energy Signed a Long-term Hedging Agreement for the largest Bulgarian operational battery energy storage system (BESS)

/SOFIA, BULGARIA, February 24, 2026, 9:30 CET, RENEWABLE MARKET WATCH™/ Axpo and Advance Green Energy have announced a long-term financial agreement to hedge the market revenues of Bulgaria’s first and largest operational battery energy storage system (BESS), located in the Balkan Industrial Park in Lovech. This partnership highlights a mutual commitment to innovation and sustainability in developing renewable energy storage solutions in the region.
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ScottishPower Earns Prestigious Recognition from Energy Regulator Ofgem for Outstanding Performance and Exceptional Sector Leadership

/LONDON, February 6, 2026, 10:50 GMT, RENEWABLE MARKET WATCH™/ ScottishPower’s distribution businesses, ScottishPower Energy Networks (SPEN) and ScottishPower Electricity North West (SP ENW), were recognised as leaders for achieving first and second place in Ofgem’s reliability assessment. Ofgem’s annual report assesses distribution network operators based on reliability, customer service, environmental performance, innovation, and expenditure. Nicola […]
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OX2 Starts Construction of 189 MW Onshore Wind Farm in Sweden

/LONDON, February 3, 2026, 9:00 GMT, RENEWABLE MARKET WATCH™/ OX2 will invest approximately 3 billion SEK in a 189 MW onshore wind farm in Malung-Sälen, Sweden. The Fageråsen wind farm will remain under OX2’s ownership after it is completed. This is OX2’s first project in Sweden to be retained after commissioning. OX2 acquired the project […]
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Iberdrola Secures €44 Million for Three BESS Projects in Poland

/WARSAW, POLAND, January 30, 2026, 9:00 CET, RENEWABLE MARKET WATCH™/ Iberdrola Renewables Polska, a subsidiary of the Iberdrola Group, has secured €44 million (PLN 186 million) from the Polish National Fund for Environmental Protection and Water Management to build three battery energy storage systems (BESS) with a total capacity of 160 megawatts (MW). These projects […]
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Join Us For Future of Utilities: Energy Transition Summit on 18-19 March 2026, SugarFactory, Amsterdam

/LONDON, January 20, 2026, 14:45 GMT, RENEWABLE MARKET WATCH™/ Future of Utilities: Energy Transition Summit Amsterdam is where Europe's energy future gets planned, financed and built. This is the energy conference for renewable energy developers, project investors, equipment manufacturers, utilities, and market analysts driving deployment across Europe's emerging markets.
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