Projects & Applications
New battery storage platforms aim for 2.4 GW rollout in the US, 2 GWh development in Germany
The announcements of two major battery energy storage development platforms have coincided, as industry incumbents seek to establish their footprint in promising markets.
By
Marija Maisch
Jul 17, 2024
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Projects & Applications
Image: Canadian Solar
Italy-headquartered Redelfi and US developer Elio Group have joined hands to establish a new green energy developer, Redelio Renewables LLC, with the ambitious goal of developing up to 2,4 GW of battery energy storage systems (BESS) in the United States.
The project partners are already deeply engaged in the renewables space. Redelfi specializes in the development of stand-alone BESS infrastructure projects, with two active pipelines of 4,3 GW in Italy and 1,2 GW in the US. Focused on the North America market, Elio Group has a utility-scale renewables pipeline of 7 GW.
Redelio Renewables will adopt a comprehensive approach, with Redelfi focusing on financing, project management, financial oversight, and development monitoring, while Elio Group will lead the technical and operational activities.
The 2.4 GW pipeline of the newly established entity will include 920 MW capacity already identified across projects in Texas, Tennessee, Alabama and Kansas.
Meanwhile, US-headquartered renewable energy investment company Bluestar Energy Capital announced on Wednesday the launch of Noveria Energy, a project development platform focused on battery energy storage system (BESS) project development in the old continent.
Noveria Energy will initially focus on the German market, where it has assembled a project pipeline of over 2 GWh which is progressing through interconnection and permitting processes.
“Well-located energy storage projects are a key enabler of the energy transition in Europe,” said Neil O’Donovan, chair of Noveria Energy and president of BEC. “An increasing demand for grid system services this decade coupled with increasingly volatile energy pricing across Germany and other regions underscore the need to rapidly scale battery storage capacity.”
Founded in 2022, Bluestar Energy Capital is actively building development platforms in the US, Australia and now Europe . The company has built up a global pipeline of over 10 GW of wind, solar, and storage projects.
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