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.

/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 […]

/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 […]

/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 […]

/MADRID, SPAIN, January 23, 2026, 11:55 CET, RENEWABLE MARKET WATCH™/ Iberdrola España, part of the Iberdrola Group, commissioned Spain’s first two large-scale battery storage systems in Alarcón (Cuenca). Each Romeral and Olmedilla battery has 60 MWh of storage and about 30 MW of power output, enough to supply over 13,000 homes for two hours. The […]

/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.

/HAMBURG, GERMANY, January 13, 2026, 11:30 CET, RENEWABLE MARKET WATCH™/ The project includes development of an impressive 80.4 MWp photovoltaic (PV) plant, along with a 70.2 megawatt-hour battery energy storage system (BESS). Both components will be strategically located on the same site to optimise efficiency and enhance energy management. Currently, this project is in the development phase, with construction anticipated to commence in the second quarter of 2026.

/LONDON, January 9, 2026, 11:00 GMT, RENEWABLE MARKET WATCH™/ In 2025, Croatia set new records for producing electricity from renewable sources. Data from the Association of Renewable Energy Sources of Croatia (OIEH) shows that solar, wind, and thermal power from renewable fuels generated more electricity than any other type for the first time. Together, these sources generated over 5 TWh, accounting for 26.6% of Croatia’s total electricity consumption that year. When hydropower is included, renewable sources supplied more than half (52.6%) of the electricity used in Croatia.

/SOFIA, BULGARIA, January 8, 2026, 14:00 CET, RENEWABLE MARKET WATCH™/ Bulgaria has made significant progress in modernising its energy sector by officially commissioning one of the largest standalone battery energy storage systems (BESS) in Eastern Europe, as announced by the Ministry of Energy (ME). This state-of-the-art facility is strategically positioned within the Maritsa East 3 […]