Spanish independent power producer (IPP) BNZ has announced a strategic shift toward becoming an integrated energy management platform, supported by an 850 MW battery energy storage system (BESS) pipeline. The company plans to activate 530 MW of storage across Spain (260 MW), Italy (210 MW), and Portugal (60 MW) between 2026 and 2027. “This deployment is complemented by a solid renewable generation base comprising 1.6 GW of photovoltaic energy and 281 MW of wind power, establishing a multi-technology architecture designed to complement the energy grid and maximize natural resources at all times,” stated BNZ.
It says this will mark a key step in its transition from a traditional renewable developer to a multi-technology operator focused on flexibility and hybridization.
With a total global portfolio exceeding 2.7 GW, including 1.6 GW of solar and 281 MW of wind, BNZ aims to combine generation and storage to improve grid stability and optimize energy use. The Nuveen Infrastructure-backed company will leverage battery systems to store excess renewable energy and supply power during periods of low generation, supporting a more stable and flexible clean energy supply.
UK-based renewable energy developer Harmony Energy has secured a development financing facility from NEDF to support the development of a 3 GW BESS pipeline in Germany. A Triple Point-managed partnership, NEDF is providing a 3-year facility to fund late-stage projects across both transmission and distribution networks.
Financial services firm Triple Point says this is its first investment in Germany and builds on its strategy of backing experienced renewable developers. Harmony Energy, which has delivered over 700 MW of operational battery storage globally, has over 12 GW in its global pipeline. It is now expanding the company’s European footprint as regional demand for grid flexibility and renewable integration grows.
The NSW Independent Planning Commission has approved 2 major battery energy storage projects in New South Wales (NSW) to help strengthen the state’s grid reliability. This includes Ausgrid’s Steel River East BESS, a 200 MW/400 MWh system to be developed at the existing Mayfield West substation in Newcastle. It will store energy during low demand and release it during peak periods to support network stability within the Hunter and Central Coast Renewable Energy Zone.
In a separate decision, the Commission also approved Iberdrola Australia’s Kingswood BESS, a larger 270 MW/1,080 MWh project located near Tamworth. It will be capable of supplying electricity to about 108,000 homes during peak demand, according to Iberdrola Australia Development, which hat has proposed the facility.
Both projects were classified as State Significant Developments (SSD) and referred to the Commission after receiving more than 50 public objections each. Following consultations, site inspections, and public submissions, the Commission concluded that both developments align with NSW government policies, can be managed with appropriate conditions, and will contribute to a lower-carbon energy system while enhancing grid reliability and enabling greater integration of renewable energy.
A consortium led by Japan’s Tokyu Land Corporation will invest in 6 grid-scale battery storage projects in Japan with a combined capacity of 174 MW. The projects, expected to cost around JPY 30 billion, are scheduled to come online between fiscal years 2027 and 2029. Tokyu Land will continue to co-manage the portfolio with Itochu, while its subsidiaries will oversee asset management and operations. Battery systems are expected to be supplied by Itochu. The rollout will begin with projects in Fukuoka and Hokkaido in FY 2027, followed by additional sites across Fukushima, Mie, and Miyagi in FY 2028, with the final project in Aomori targeted for FY 2029.
Partners in the initiative include Itochu Corporation and Tokyo Century Corporation (via their joint venture IBeeT), along with Fuyo General Lease, Nomura Real Estate Development, Maeda Corporation, Nippon Steel Kowa Real Estate, and Sumitomo Mitsui Trust Group entities.
AFRY, the Swedish energy consultancy, has been appointed as Owner’s Engineer by Cenergi Aeropolis Renewable Energy Sdn Bhd for a 36 MW DC/30 MW AC solar PV project. It is paired with a 10 MW/40 MWh battery energy storage system (BESS) in Sepang, Selangor, Malaysia.
The project, located within the KLIA Aeropolis zone, will supply renewable electricity to Kuala Lumpur International Airport under the Solar for Self-Consumption (SELCO) program. It is expected to generate around 46 GWh annually and reduce CO₂ emissions by about 35,000 tonnes per year, according to the company. AFRY will provide services including tender support, design review, project management, construction supervision, and BESS commissioning.
“The integration of a utility‑scale BESS places this Project among Malaysia’s early large‑scale self‑consumption solar plants equipped with energy storage, significantly enhancing operational resilience and energy reliability,” stated AFRY.
