Bluestar Energy Capital’s Post

DLL Solutions sees the Corre Energy and Eneco partnership for a compressed air energy storage project as a crucial innovation in renewable energy storage. This strategic initiative, utilizing underground salt caverns in Germany, represents a key advancement towards grid stability and renewable integration. We see this as an essential step in the energy sector's transition to sustainability. #EnergyInnovation #SustainableEnergy #RenewableIntegration https://lnkd.in/ePa57e_X

One of the new storage systems coming into market. I guess compressed storage type can deliver a lot faster and also store for some days.

Who are the key players driving EU storage deployment in 2024? Your country-by-country guide to the key players driving innovation in Europe’s five fastest growing energy storage markets - Italy, Germany, Spain, France and Ireland expected to be the leading EU countries for storage deployment between now and 2031 - Tamarindo’s Energy Storage Report brings you a country-by-country run-down of the key players driving innovation in the major European storage markets By Ben Cook To read the article in full, click here: https://hubs.la/Q02m2DlR0 #energystorage #batterystorage #europe #eu #europeanunion #italy #germany #spain #france #ireland ACL Energy Altea Green Power - AGP Aura Power BW ESS Cubico Sustainable Investments Energy Dome Iberdrola Renewables Innovo Group Matrix Renewables Nexta Capital Partners NHOA Energy Octopus Energy Generation Pacific Green Penso Power Limited Redelfi SUSI Partners Telis Energy Altech Batteries Limited Corre Energy ECO STOR AS ESS, Inc. Fluence GE KRAFTBLOCK Kyon Energy LEAG Malta Inc MW Storage Obton PATRIZIA SE Reichmuth & Co Infrastructure RWE Shell Siemens Tion Renewables AG TotalEnergies Uniper Volkswagen Group

Big Moves in Energy: TotalEnergies Acquires Kyon Energy 🌱🔋 #developer #KyonEnergy Today's industry buzz is all about strategic growth, and TotalEnergies is leading the charge! As we witness a transformative era in energy, TotalEnergies has made a significant leap by acquiring German battery storage developer Kyon Energy. With a focus on our sustainable tomorrow, TotalEnergies is embracing the challenge head-on. Kyon Energy's impressive portfolio speaks for itself. From developing and selling 120MW of operational BESS projects to shaping a 350MW construction-ready pipeline, their expertise is evident. And let's not forget the 300MW that's shovel-ready and an advanced 2GW pipeline. This deal is set to spark a renewable revolution. The synergy is unmistakable - pairing Kyon's innovative German projects with TotalEnergies' integrated energy strategy. After maritime winds shifted towards success in Germany and engaging Quadra Energy, TotalEnergies is perfectly poised to energize the future. And did you know? The battery storage sector in Germany is booming after regulatory tailwinds and emerging market opportunities. With TotalEnergies' ownership of Saft, this acquisition isn't just about growth; it's about fertilizing the German market with world-class BESS technology. This exciting development hints at a greener, more efficient tomorrow. As the energy landscape evolves, keep an eye out for how TotalEnergies and Kyon Energy electrify our journey towards sustainability. Now over to you, LinkedIn community - what's your take on this acquisition? Share your thoughts on how this fusion can redefine energy solutions! #EnergyTransition #RenewableEnergy #Sustainability

Dutch company Corre Energy has signed an agreement for offtake, co-development and co-investment for its first Compressed Air Energy Storage (CAES) project in Germany with Eneco. Under the agreement, Eneco will acquire a 50% stake in the project, ‘at economics to be agreed’, comprising both development capital and construction equity. Eneco will also secure the entire storage capacity under a long-term offtake agreement for the first phase project at Ahaus, Germany. “This landmark agreement combines offtake, development and co-investment arrangements to propel our first German project while showcasing the latest demand for our CAES solution,” said Keith Mcgrane, CEO of Corre Energy. “It comes just six months after securing the site in Germany and underscores the ongoing success of our growth strategy. To sign a second deal with Eneco just 12 months on from our first agreement in the Netherlands is a testament to the relationship we’ve forged. “By locking in long-term investment partnerships such as in Germany, we are accelerating the commercial development of our portfolio underpinned by long-term offtake arrangements. These arrangements are repeatable across the portfolio and for each project can capture c€1bn of net revenue over the duration of a 15-year offtake agreement.” The transaction represents Eneco’s second agreement with Corre Energy following its 15-year offtake agreement for the ZW1 project in the Netherlands, which was announced in December 2022. The co-development, financing and operating of the Ahaus project will be undertaken by LichtBlick SE, Eneco’s German subsidiary, alongside Corre Energy’s subsidiary, Corre Energy Germany GmbH. Phase one of the Ahaus project will use the first two of the site’s four existing salt caverns to deploy Corre Energy’s multiday CAES solution to deliver 220MW of compression capacity and 320MW of generation capacity. The first cavern is due to be handed over to Corre Energy in early 2027 and construction of all four caverns is already well underway. The project is expected to use equipment by Siemens Energy following the launch of a global collaboration with Corre Energy in November 2023. Kees-Jan Rameau, COO Integrated Energy of Eneco, added: “Energy storage is essential for the sustainable energy system of the future. It helps us use clean power even when there’s no wind or sun available and we can also help ease congestion on the power grid. We see a bright future for these storage solutions and this second project with Corre Energy helps us get closer to the goals in our One Planet Plan: to be climate neutral in 2035, together with our customers.” #cleanenergy

The significance of this agreement between EDP Renewables and Bloomberg extends beyond its immediate scope. As Bloomberg’s first major renewable energy PPA outside North America, it represents a strategic expansion of the company's sustainability efforts on a global scale. With this new contract, Bloomberg now has a total of nine renewable energy PPAs, with projections indicating that these long-term agreements will cover more than 80% of the company's global electricity consumption by the end of 2024. This shift not only demonstrates Bloomberg’s commitment to reducing its carbon footprint but also sets a precedent for other multinational corporations in their pursuit of #renewable #energy #solutions. #portugal #renewableenergy #greeneconomy #casaiberiarealestate #casaiberia #economy #edp #bloomberg

Via ESN: " Italy’s Redelfi spots US BESS opportunities, US’ Bluestar Energy Capital goes in opposite direction: Italian renewables company Redelfi has launched an energy storage development platform in the US, while US investor Bluestar Energy Capital has entered the European market. " #EnergyStorage #Energy #BatteryStorage

Energising Italy’s sustainable energy future 🔋   BW Group is delighted to share about BW ESS’s new joint venture with ACL Energy, a Milan-based battery energy storage developer and Penso Power Limited, to develop 400MW of projects in Italy.    Comprising three projects in Italy’s Lombardia, Piemonte and Puglia regions, the development stage projects are 111MW, 187MW and 97MW respectively. One of the most active markets in Europe for battery energy storage, Italy is estimated to need around 27GW of energy storage capacity by 2033, to enable adding over 120 GW of renewable generation to the Italian grid.    Read more here: https://lnkd.in/g49r_6tC #BWGroup #BWESS #ACLEnergy #PensoPower #BatteryStorage #BESS #ClimateTech #Sustainability #RenewableEnergy #CleanEnergy #EnergyStorage #Energy #Italy

VentureCapital Magazin profiles Circadian this week. 🙏 Circadian simplifies renewable energy systems and our mission is to help telecom tower operators transition to decentralized renewable energy. We are featured in the article with Greg Zavorotniy at BayWa r.e. Energy Ventures, backing our compelling market opportunity. Our vision is to be the leading operating system for decentralized energy. https://lnkd.in/eWkHEN4Z

Novar Expands Presence in German Solar Market with Strategic Acquisition Novar, a leading provider of sustainable energy solutions, has announced the acquisition of a significant solar park in Lower Saxony, Germany. Collaborating with WiNRG, a Hamburg-based renewable energy developer, and with advisory support from Capcora, Novar aims to further its presence in the German renewable energy sector. The acquired solar park, anticipated to have a capacity ranging from 91 MWp to 156 MWp, signifies a substantial advancement in Novar’s expansion strategy within the German market. With plans for construction expected to commence by the second quarter of 2026, the project underscores Novar’s commitment to advancing sustainable energy infrastructure in Europe. […] Read the full story here: https://lnkd.in/dpJQX6RW #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #europe #germany #novar #renewableenergy #sustainable