OnPath Energy and Smartest Energy sign co-located solar and battery storage PPA in Great Britain
Type: Ppa · Technology: Hybrid · Country: United Kingdom · Announced: 2026-06-29
OnPath Energy and Smartest Energy executed a co-located solar and battery energy storage system (BESS) power purchase agreement in Great Britain on June 29, 2026. The transaction is one of three day-ahead swap deals announced to date in the European market, with two of these deals occurring in June 2026. This agreement aligns with the emerging trend of fixed-revenue structures in BESS projects, driven by lender requirements for contracted revenue stability. The deal contributes to the broader shift in the German and European BESS market, where fixed-price agreement volumes surged by 153% in the first half of 2026 compared to full-year 2025 totals. The transaction underscores the increasing integration of solar and storage solutions to meet grid flexibility and energy demand requirements.
Counterparties
- Smartest Energy (Offtaker)
- OnPath Energy (Developer)