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.

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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, 89MW 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 Q3 2024.
Project Map

At a glance

89 MW
Under construction
123 MW
Ready-to-build
>200 MW
Pipeline through Ingrid Capacity

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