Eclipse and BNP Paribas form a strategic partnership to accelerate battery energy storage systems (BESS) deployment in Europe. BNP Paribas invests in Eclipse to enhance energy resilience, utilizing Flowstream software for real-time optimization. The collaboration aims to offer custom financing options, hedging tools, and long-term offtake solutions for BESS projects.

The partnership leverages BNP Paribas’ expertise in European power markets to facilitate investments in renewable generation and energy storage infrastructure. Eclipse and BNP Paribas aim to enhance energy security and stability in the market, supporting producers and consumers alike. The joint effort promotes market flexibility, efficiency, and sustainability in line with EU energy objectives.

Read more at Yahoo Finance: Eclipse and BNP Paribas join forces to accelerate BESS projects in Europe