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Nova Power & Gas has commenced commercial operations for a 200MW/400MWh battery energy storage system (BESS) in Floresti, Romania, inaugurated on December 12. This investment, totaling €350 million (US$410 million), is part of a broader plan that includes a 160MW gas plant and an additional 600MW/1,200MWh of BESS projects.

Banca Transilvania financed the project. In Denmark, European Energy has initiated operations for a 200MWh BESS at its Kvosted solar plant, making it the largest solar and BESS site in Northern Europe.

Meanwhile, Trinasolar has secured a contract to supply 21MW/42MWh of BESS for the Raba Solar Park project in Hungary. In Spain, BRUC raised €474 million (US$554 million) to fund BESS additions to its 858MW solar portfolio, while ADS-TECH has received orders for BESS projects in Germany and Austria totaling 20MW/40MWh. Gresham House Energy Storage Fund is acquiring two projects in Scotland and England totaling 297MW.