112 MW Across Germany: Flower Acquires Seven Ready-to-Build BESS Projects

9.7.2026 08:00:00 CEST | Flower International | Press Release

Share

Stockholm, July 9, 2026 – Energy tech company Flower has signed a share purchase agreement with Chint Solar Europe, a developer of renewable energy projects, to acquire seven ready-to-build battery energy storage system (BESS) projects across Germany. The projects have a combined capacity of 112 MW / 332.5 MWh with individual project sizes ranging from 6 to 48 MW.

With the acquisition of the Chint Solar portfolio, Flower’s publicly announced German development portfolio expands to approximately 300 MW. Photo: Chint Solar
With the acquisition of the Chint Solar portfolio, Flower’s publicly announced German development portfolio expands to approximately 300 MW. Photo: Chint Solar

Under the agreement, Flower will own, finance, operate and commercialize the assets, while Chint Solar will deliver the projects under an EPC agreement, providing a turnkey solution, as well as long-term operations and maintenance services. All projects have secured grid connection and the required permits, with commissioning targeted for 2027. 

“We are very pleased to have finalized this acquisition agreement with Chint Solar. With commissioning scheduled to begin as early as the first quarter of 2027, some of these projects will become Flower’s first operational assets in Germany, says John Diklev, founder and CEO of Flower.

He adds:

“Germany is one of Europe’s most important flexibility markets. These projects significantly strengthen our position and allow us to bring more storage online quickly, supporting a more resilient and affordable electricity system.”

The acquired projects, developed by Chint Solar, are located across seven municipalities in five German states and have storage durations of three to four hours. 

"This transaction demonstrates our ability to develop complex battery storage projects to ready-to-build status. By combining mature project development with EPC delivery, we reduce execution risks for investors and accelerate the deployment of battery storage infrastructure. We are pleased to partner with Flower to bring these projects into operation,” says Bernd Kipping, Vice President Innovation, Finance and Procurement, Chint Solar Europe.

As a next step, Flower will commercialize the storage assets in the German market, helping to stabilize the grid while supporting the continued build-out of renewable energy. 

Flower’s momentum in Germany

Since becoming an approved Balance Responsible Party (BRP) in Germany in 2025, Flower has established a rapidly growing presence in the country. The company recently acquired a 63 MW / 257 MWh BESS project in Döllnitz, Saxony-Anhalt, and advanced two internally developed projects to ready-to-build status in Hamburg (100 MW / 400 MWh) and Saarland (10 MW / 20 MWh).

Flower has also signed a tolling agreement, structured as a virtual Flexibility Purchase Agreement (FPA), with global energy group ENGIE for 126 MW of BESS capacity. The agreement supports the financing, deployment and commercialization of several of Flower’s projects in Germany.

With the acquisition of the Chint Solar portfolio, Flower’s publicly announced German development portfolio expands to approximately 300 MW. Across Europe, the company’s pipeline represents a substantial multi-GWh portfolio.

The acquisition has been realized through a new SPV, owned by the Flower parent company. The transaction has been supported by legal advisor DLA Piper.

About Chint Solar

Chint Solar is a leading European player active in project development, financing, realization and operation of renewable energy projects, with activities in France, Germany, Hungary, Italy, Portugal, Spain, the Netherlands and the United Kingdom. Chint Solar has already completed more than 1 GW of solar parks in Europe and has > 15 GW of PV and BESS projects under development in different development stages.

www.chintsolar.com/de 

Contacts

Images

John Diklev, Flower's founder and CEO
John Diklev, Flower's founder and CEO
Download
With the acquisition of the Chint Solar portfolio, Flower’s publicly announced German development portfolio expands to approximately 300 MW. Photo: Chint Solar
With the acquisition of the Chint Solar portfolio, Flower’s publicly announced German development portfolio expands to approximately 300 MW. Photo: Chint Solar
Download

About us

Flower is the Nordic market leader in energy asset optimization and trading. Through its AI-powered platform, the company trades, optimizes and commercializes flexible energy assets including battery energy storage systems (BESS), wind and solar parks, and EV charging infrastructure. With more than 140 employees, over €150 million in financial backing, and the Nordics’ largest portfolio of flexible assets under management, Flower is expanding across Europe to support a more stable, resilient, and renewable energy system.

For more, visit: www.flower.se

Subscribe to releases from Flower International

Subscribe to all the latest releases from Flower International by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Flower International

Flower Expands into New Business Segments – Introduces Cloud-Based Optimization of DERs28.4.2026 07:00:00 CEST | Press Release

Energy tech company Flower is expanding its offering to generate revenue for Distributed Energy Resources (DERs) such as home batteries, heat pumps, and EV charging infrastructure. Through cloud-based optimization towards the energy market – now being introduced in Swedish battery manufacturer Polarium’s home batteries – homeowners can now increase revenues without needing to invest in additional hardware.

Flower Enters 180 GWh PPA with Locus Energy to Supply Stable Clean Power to Businesses2.4.2025 08:00:00 CEST | Press Release

Flower has signed a long-term Power Purchase Agreement (PPA) with SEB Nordic Energy’s portfolio company Locus Energy, acquiring 180 GWh per year of wind power from 11 of the asset management company’s onshore wind farms. The newly acquired wind power will further support Flower’s efforts to balance supply and demand in the energy system while serving as a springboard for the launch of Flower’s own unique PPA solution. “This is the first step to build a truly scalable financing solution for wind power,” says John Diklev, founder and CEO of Flower.

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye