Germany, April 11 -- In April, Magnora Germany secured exclusive rights to develop a 150 BESS project (2 hrs duration) on industrial, municipality-owned land in Germany. Being close to a substation singled out for near-future upgrades, the site has high potential for grid connection in the short to-mid terms.The German BESS market has attracted great interest. Few projects have been on the market in recent years, and the combination of falling capex, accelerated public infrastructure investments, and supply instabilities serve to shape the market. This spring, the new government announced EUR 100 billion in green energy initiatives as part of a stimulus package.For some time, a series of large investors and existing customers have taken an ...