Power firm Engie has entered into a long-term flexibility purchase agreement with developer Ignis for 625MWh of BESS capacity in Spain.
Engie will access the flexibility of the battery storage systems. Image: Ignis.
Power firm Engie has entered into a long-term flexibility purchase agreement with developer Ignis for 625MWh of BESS capacity in Spain.
The agreement covers several battery energy storage system (BESS) projects in Spain and gives Engie access to the assets’ flexibility over a 10-year period, while enabling Ignis to secure the revenues generated from the BESS in the electricity market.
We’ve asked Ignis to clarify the details of the deal, like the project’s ownership and what kind of commercial structure the offtake is (floor, toll, etc.).
Ignis will be responsible for operating the assets and optimising their participation in balancing services markets in Spain, and the projects will go into operation in 2028.
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| # | Наименование новости | Тональность | Информативность | Дата публикации |
|---|---|---|---|---|
| 1 | Return and Engie, EnBW and Zelestra agree long-term BESS tolls in Spain, Italy | 0 | 7.03 | 21-07-2026 |
| 2 | 1.5GWh+ of BESS deals in Italy: Sonnedix, Strioga buy projects; BNZ, RWE order from Sungrow and LONGi | 0 | 6.69 | 22-07-2026 |
| 3 | Giga Storage secures finance for 2.8GWh ‘critical infrastructure’ Belgium BESS | 0 | 7 | 14-07-2026 |
| 4 | European battery & BESS manufacturing gets boost with Eni Storage and Hithium gigafactory milestones in Italy, Spain | 5 | 7 | 07-07-2026 |
| 5 | Swiss firm Alpiq acquires 90% stake in BESS developer-operator Harmony Energy | 0 | 5 | 09-07-2026 |
| 6 | Alfen and CATL agree 5GWh sodium-ion BESS partnership in Europe | 0 | 9.45 | 16-07-2026 |
| 7 | Endesa инвестировала €35 млн в строительство солнечной электростанции в Испании | 0 | 0 | 28-12-2020 |
| 8 | Argentina awards 700MW BESS in elevenfold oversubscribed tender | 0 | 5 | 13-07-2026 |
| 9 | Opdenergy closes US$227 million financing for Chile renewables and BESS portfolio | 0 | 5 | 09-07-2026 |
| 10 | MN8 Energy to acquire Greenbacker in US$375 million deal | 0 | 18.3 | 23-07-2026 |