Featured in The hunt for high efficiency – 06-2025

Diversifying Europe’s battery business

Europe’s battery energy storage systems (BESS) market is growing. Kicking off this year’s pv magazine Focus session in Munich, Germany, Wood Mackenzie analyst Anna Darmani gave an overview of the market, explaining that 14 countries in the region now have energy storage targets. Panelists explored offtake agreements and financing for BESS, as well as some of the technical and financial considerations associated with co-location of PV and storage in Europe.

By

Blathnaid O’Dea

11 Jun 2025

Image: pv magazine/Philipp Gülland

Co-location is a term often used interchangeably to describe hybrid and co-located BESS projects, but there is a difference, as Anoucheh Bellefleur, team manager market and strategy at Abo Energy, pointed out. Grid connection is mainly where the two models differ. “For co-location you would have two different inverters, two different connections to the grid …

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