Blue Elephant Energy completed the acquisition of a majority stake in Solar215.

Blue Elephant Energy, a developer of solar and wind farms, completed the acquisition of a majority stake in Solar215, a developer and operator of battery storage solutions. Financial terms were not disclosed. “Solar215, under the leadership of its deeply committed founders, is exceptionally well positioned to capitalize on the momentum in the German BESS market. With strong regulatory tailwinds, a growing need for grid-balancing solutions and the country’s ambitious renewable energy targets, this partnership aligns perfectly with our long-term strategy to build a flexible and future-proof energy platform,” Felix Goedhart, Blue Elephant Energy Founder and CEO.