Recurrent Energy and Octopus Energy sign optimization agreement for 14 MW BESS co-located with 35 MW PV plant in Montalto di Castro

Type: Partnership · Technology: Hybrid · Country: Italy · Capacity: 14 MW · Announced: 2026-08-07

Recurrent Energy, a subsidiary of Canadian Solar, and Octopus Energy have signed an optimization agreement for a 14 MW/43 MWh Battery Energy Storage System (BESS) co-located with the 35 MW "Montalto La Viola" photovoltaic plant. Octopus Energy will act as the commercial partner, managing and optimizing the recently connected BESS, which is integrated with the PV plant operational since 2025. Octopus Energy will utilize its AI-powered energy operating system, Kraken, to control, dispatch, and manage the battery, ensuring real-time demand and production optimization. This initiative aims to maximize asset value, reduce imbalance costs, and contribute to the stability of the electricity grid in Montalto di Castro, Lazio. This agreement marks Recurrent Energy's first optimization structure and the commissioning of its first co-located BESS in Europe, among the first of its kind to become operational in Italy.

Analysis

Recurrent Energy and Octopus Energy have announced an optimization agreement for a 14 MW/43 MWh Battery Energy Storage System (BESS) co-located with a 35 MW photovoltaic plant in Montalto di Castro, Italy. Recurrent Energy, a wholly owned subsidiary of Canadian Solar, is a utility-scale solar and energy storage project developer. Canadian Solar Inc. has developed over 9.8 GWp of solar projects. Octopus Energy will act as the commercial partner, managing and optimizing the BESS, which is integrated with the PV plant operational since 2025. This agreement marks Recurrent Energy's first optimization structure and the commissioning of its first co-located BESS in Europe.

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