From: Mercom India
Renewable energy project developer Chint Solar Europe has signed an agreement to sell seven ready-to-build battery energy storage projects totaling 112 MW/332.5 MWh in Germany to Swedish energy technology company Flower Infrastructure Technologies.
The individual projects will range in capacity from 6 MW to 48 MW and provide storage durations of three to four hours.
The projects will be located across seven municipalities in Thuringia, Lower Saxony, Saxony-Anhalt, Saxony, and Hesse.
According to Chint, the projects have completed the principal development milestones and secured grid connections and the required permits.
The companies plan to commission the projects throughout 2027.
Under the agreement, Flower will acquire, finance, operate, and commercialize the battery storage assets.
Chint will construct the projects under an engineering, procurement, and construction agreement. It will also provide turnkey delivery and long-term operations and maintenance services.
The transaction was supported by Osborne Clarke as legal advisor to Chint Solar Europe.
Bernd Kipping, Vice President Innovation, Finance and Procurement, Chint Solar Europe, said, “Germany’s rapidly growing flexibility market requires storage assets that can be deployed quickly. This transaction demonstrates our ability to develop complex battery storage projects to ready-to-build status. By combining mature project development with EPC delivery, we reduce execution risks for investors and accelerate the deployment of battery storage infrastructure. We are pleased to partner with Flower to bring these projects into operation.”
Chint develops, finances, constructs, and operates renewable energy projects in Europe. It has expanded its project pipeline beyond solar to include standalone battery storage facilities and systems located alongside renewable energy projects.
The agreement increases the battery storage capacity covered by Chint’s construction contracts to 168 MW and 513 MWh. The company also has more than 1 GW of battery storage capacity under development across Europe.
In May 2026, GridStor, a developer and operator of utility-scale battery energy storage projects, acquired the 199 MW/796 MWh Birdseye battery storage project in Adams County, Colorado, from Accelergen.
A total of 7.2 GW of energy storage projects were acquired in Q1 2026, a 227% increase compared to the 2.2 GW in Q1 2025, according to Mercom’s recently released Q1 2026 Energy Storage Funding and M&A report.
