Projects - BW ESS

Projects

We currently have around 400MWh of battery energy storage projects under construction in the UK and the Nordics. In addition, we have a little over 1GW of ready to build projects, as well as future pipeline, through our development partnerships.


United Kingdom

In the UK, BW ESS has partnered with and invested in Penso Power, one of the largest and most recognized developers of energy storage in the country. BW ESS and Penso are jointly planning to build at least 1GW of BESS in the UK, while Penso’s total development pipeline exceeds 2GW.

Our portfolio is uniquely focused on large capacity (>100MW) and long duration sites (2-5hrs) in the Midlands and South of England. This strategy ensures we have sites that are close to load, offer economies of scale and remain future proof in a market that is moving away from grid support and towards wholesale energy arbitrage.
Project Map

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At a glance

100MW | 331MWh
Under construction
600MW | 1.5GWh
Ready-to-build
1 GW
Pipeline through Penso Power

Nordics

In the Nordics, we have invested in and partnered with Ingrid Capacity, a leader and pioneer within the Nordic BESS space, with a pipeline exceeding 500MW in Sweden. BW ESS and Ingrid are also assessing potential opportunities in other Nordic countries.

Presently, 213MW of BESS projects are under construction (SE3/SE4 price zones), ranging in capacity between 5MW and 20MW. The batteries are generally of a one-hour duration, as they are targeting the grid support market, and expected COD is in 2H 2024.
Project Map

At a glance

213 MW | 14 Projects
Under construction

Australia

In Australia, we have established Valent Energy an investment platform with over 1.6GW of utility-scale battery projects, including three in Victoria and New South Wales that are fully approved and ready-to-build. Valent is a partnership with Gaw Capital Partners, a private equity firm with US$ 33.7bn AUM and sizeable investments in real estate, renewables and digital infrastructure.
Project Map

At a glance

610MW | 1.2GWh
Ready-to-build
> 1GW
Pipeline through Valent Energy

Italy

We partnered with ACL Energy and Penso Power (our UK partner) on three development-stage projects totalling 395MW. ACL Energy is a Milan-based battery energy storage developer. ACL Energy, BW ESS and Penso Power are joint shareholders and are funding the development expenditure.

The 111MW project in Lombardia and the 97MW project in Puglia have been submitted to the Italian Ministry of Energy for approval. The 187MW project in Piemonte will be submitted for approval later this year. The projects are designed for 4-hour durations or longer to time-shift energy (e.g., MACSE scheme) and provide ancillary services to the grid.
Project Map