Energy Storage News
3 March 2026
Allianz GI, OX2, Luxcara, Return, Low Carbon, Cero, Revera invest in BESS across Europe, totalling 3.7GWh
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. UK-based ITAD businesses should monitor this development closely.
Allianz GI, Luxcara and Return have acquired BESS projects and portfolios in Germany, Finland and Spain; Low Carbon, OX2, Cero Generation and Revera have taken FIDs on projects in Poland, Finland and the UK; and NHOA Energy has received a 600MWh order in Italy. All in all, the projects total at least 3.7GWh of capacity.
Key Takeaways
- • Allianz GI, OX2, Luxcara, Return, Low Carbon, Cero, Revera invest in BESS across Europe, totalling 3.7GWh.
