{"id":433443,"date":"2025-09-18T10:49:10","date_gmt":"2025-09-18T10:49:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/433443\/"},"modified":"2025-09-18T10:49:10","modified_gmt":"2025-09-18T10:49:10","slug":"ewe-terra-one-re-venture-green-flexibility","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/433443\/","title":{"rendered":"EWE, Terra One, re.venture, green flexibility"},"content":{"rendered":"

Terra One said the financing gives it the power to invest up to \u20ac750 million in new battery energy storage system (BESS) projects, allowing it to build around 3GWh of capacity. It follows the firm raising US$7.5 million in seed funding in April last year, following its founding in 2022. <\/p>\n

Law firm Ashurst, which advised Aviva on its investment, meanwhile said in its own announcement that the deal enables Terra One to deploy 500MW of BESS, scheduled to be commissioned by 2028. <\/p>\n

Founder and CEO Tony Schumacher said: \u201cThis hybrid financing structure gives us the flexibility and scalability we need to establish ourselves as a top player in the independent storage space.\u201d<\/p>\n

Mezannine financing typically means debt which can be converted to equity. <\/p>\n

The firm is an operator of projects but has also sold some notable ones, including a 310MW project to Netherlands-based S4 Energy last year.<\/a> Terra One then broke ground on a 15MW\/30MWh build-own-operator project in June this year, which it will optimise on a merchant basis with its in-house Terra AI platform. <\/p>\n

Re.venture launches first BESS project <\/p>\n

Solar developer-operator Re.venture has marked its entry into the BESS market with a 60MW\/240MWh project in Kr\u00e4nzlin, near the City of Neuruppin, in the state of Brandenburg.<\/p>\n

Construction on the project covering 1.5 hectares will begin in 2026 for a commissioning date in 2027, following the green light from authorities. <\/p>\n

The site is strategically located in a \u2018relief area\u2019 designated by local grid operator and utility E.dis, Re.venture said, meaning it is particularly susceptible to grid bottlenecks due to its high proportion of renewable energy generation.<\/p>\n

\u201cIn Brandenburg, significant amounts of renewable electricity have to be curtailed every year because the grid cannot absorb the energy generated. The plant in Kr\u00e4nzlin will be able to make more locally generated energy available for the market and the grid,\u201d said Jens Kompauer, founder and CEO of Re.venture GmbH.<\/p>\n

The project involves two dedicated substations with a direct connection to e.dis\u2019s 110 kV level, while it is being built with a modular design that will allow it to double in size to 480MWh in future if needed, making it an 8-hour system. <\/p>\n

Green Flexibility breaks ground on 40MW\/80MWh project<\/p>\n

BESS developer-operator Green Flexibility meanwhile held a groundbreaking ceremony in Balzhausen, Bavaria, marking the start of construction on its 40MW\/80MWh BESS. <\/p>\n

The project is being deployed in partnership with local grid operator and utility LEW Verteilnetz GmbH (LVN). <\/p>\n

As with Green Flexiblity\u2019s other projects, it is adopting a \u2018grid-neutral\u2019 approach to deployment. This means that the project connects to the grid via a \u2018feed-in socket\u2019 and LVN can temporarily reduce the BESS\u2019 feed-in power in certain grid situations to avoid bottlenecks in the power grid. <\/p>\n

Barbara Plura, asset manager and technical grid planner at LEW Verteilnetz, commented: \u201cThe energy transition needs speed \u2013 this is exactly what our pilot project \u2018feed-in socket\u2019 shows. It has created additional grid connection capacity in a very short time.\u201d <\/p>\n

Green Flexibility CEO Christoph Ostermann touched on the topic in a broader interview with ESN Premium last year<\/a>, when the company emerged from stealth mode. <\/p>\n

EWE subsidiary deploying 20MW\/40MWh system <\/p>\n

Lastly, energy and infrastructure group EWE is deploying a 20MW\/40MWh BESS in Reu\u00dfenk\u00f6ge, Schleswig-Holstein in northern Germany, via its subsidiary Be.storaged. <\/p>\n

Delivery of the BESS units is being completed this month while commissioning is targeted for before the end of the year. <\/p>\n

\u201cMagnus Pielke, Managing Director of be.storaged, said: \u201cLarge-scale battery storage systems buffer generation peaks, stabilise the grid, and, when operated intelligently, make the expansion of our energy infrastructure more efficient \u2013 \u200b\u200bespecially at a location like this one in a windy region in the immediate vicinity of a wind farm.<\/p>\n

The company is targeting 300MWh of deployments within the next year. <\/p>\n","protected":false},"excerpt":{"rendered":"Terra One said the financing gives it the power to invest up to \u20ac750 million in new battery…\n","protected":false},"author":2,"featured_media":433444,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[15900,2000,299,18192,1824,146663],"class_list":{"0":"post-433443","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-energystorageeurope","9":"tag-eu","10":"tag-europe","11":"tag-financing","12":"tag-germany","13":"tag-grid-congestion"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115224914348587602","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/433443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=433443"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/433443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/433444"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=433443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=433443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=433443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}