Bluestar Energy Capital has announced the launch of Noveria Energy, a dedicated project development platform focused on advancing battery energy storage system (BESS) projects across Europe, starting with a strong emphasis on the German market.
Led by Ben Brooks, who brings extensive experience from roles at Schroders Greencoat and DNV, Noveria Energy has already assembled a robust project pipeline exceeding 2GWh in Germany.
Neil O'Donovan, Chair of Noveria Energy and President of BEC, highlighted the strategic importance of energy storage in Europe's energy transition: “Well-located energy storage projects are a key enabler of the energy transition in Europe. Benefiting from BEC's development experience in the US and Australia, Noveria Energy's vision is to be a leading developer and operator of large-scale energy storage projects in Germany and other select European markets.”
Bluestar Energy Capital, since its inception with a $100 million capital raise in 2022, has expanded its global footprint, focusing on wind, solar, and storage projects.
With a combined pipeline exceeding 10GW globally, the company aims to leverage its success in the US and Australia to strengthen its position in the European market.
