Energy Storage News•about 9 hours ago
From software to shareholder: Flower, Volkswagen’s Elli and Nuvve launch Germany & Sweden BESS projects
Key Takeaway
Software and automotive OEMs are directly investing in and operating large-scale BESS, signaling a significant shift in grid infrastructure ownership and market participation.
AI Summary
- •Software and optimization firms Flower, Volkswagen's Elli, and Nuvve are progressing large-scale Battery Energy Storage Systems (BESS) projects.
- •These projects are being developed under an 'own-and-operate' model, with Flower and Elli in Germany, and Nuvve in Sweden.
- •This indicates a growing trend of non-traditional energy players, including software companies and automotive OEMs, directly investing in and operating grid-scale energy assets, creating new market opportunities for grid services and revenue streams.
Topics
financingoemstorage