en.Wedoany.com Reported - The European energy storage market has recently seen multiple project commissions and strategic deployments by developers, with IPP Greenvolt commissioning a 99.8MW/288.6MWh battery energy storage system (BESS) in Hungary, making it the largest storage facility in the country.
The project, commissioned by Greenvolt Power, is located in Buj, northeastern Hungary, and aims to balance system stability as more renewable energy is integrated into the grid. This project replaces the 40MW/80MWh project commissioned by Met Group in 2025, becoming the largest storage facility in Hungary to date. Greenvolt is also advancing large-scale projects in Poland, Italy, and Portugal, targeting markets that offer public subsidies or revenue schemes. The Buj project has secured a ten-year contract with the government under a cap-and-floor subsidy scheme, with project financing obtained by the company in January. Project images show that the BESS units are supplied by BYD, a supplier also used in Greenvolt's Polish projects. An energy and M&A lawyer from law firm Kapolyi recently discussed the evolution of the Hungarian storage market in an article.
In other news, storage IPP Dispatch has completed the energization and commissioning of its 45MW/90MWh "Project Amethyst" in Dordrecht, Netherlands, and is about to enter full commercial operation. Project partners include grid operator Stedin and EPC company Equans, with the BESS supplied by system integrator Fluence and optimization handled by utility company Eneco. Dispatch started construction on the project in late 2024.
In Belgium, Centrica Energy, the energy trading and logistics division of UK utility company Centrica Group, will optimize a project recently started by owner Aukera. Centrica Energy will trade the 70MW/340MWh "Volt BESS" project in La Louvière under a partial fixed-price structure, providing Aukera with long-term revenue certainty. The company is also optimizing another large project by owner Renner in Belgium, while another Centrica subsidiary, Centrica Business Solutions, is deploying build-own-operate projects in Belgium and Sweden, which are also optimized by Centrica Energy.
Global energy and AI data center infrastructure company EdgeMode, Inc has agreed to acquire a 51% stake in developer Ibersun Generación to launch a large-scale BESS platform in Spain. The agreement is non-binding and subject to due diligence. EdgeMode stated that the joint venture addresses Spain's structural need for storage amid high solar penetration. The acquisition will immediately add 52 MW of grid-connected BESS projects to EdgeMode's near-term development pipeline, all planned to reach ready-to-build (RTB) status by the end of 2026. Additionally, the company has a strategic land pipeline of 1.9GW, located near local substations, with a total pipeline capacity of 2.9GWh, and the first projects will come online within the next 18 months.
In terms of project pipeline, developer FRV has revealed its goal to develop a total of 2.9GW/11GWh of BESS in Italy, targeting RTB status between 2026 and 2029, with projects distributed across the country. Italy has long been considered one of Europe's most promising storage markets but remained on hold until the conclusion of its first MACSE auction, held in September. The scheme provides long-term revenue for BESS in exchange for offering balancing capacity in a dedicated solar load-shifting market operated by TSO Terna.
French BESS owner-operator and optimizer Eclipse has completed a €20 million (approximately $23 million) Series A funding round, co-led by BNP Paribas and Noria, with participation from existing investors. The company will use the funds to expand its optimization and trading platform Flowstream, extend its long-term offtake solutions across Europe, and deploy its first build-own-operate projects. Storage activity in France has increased over the past year.
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