May 8, 2026
Announced 7 May, energy software and consulting group Ascend Analytics led the transaction of the Salzburg BESS project. The company said that through its Ascend Energy Exchange (AEX) renewables and storage marketplace, it provided asset valution, financial modeling, market outlook, and end-to-end transaction advising.. Image: Ørsted.
Denmark-headquartered multinational energy company Ørsted has purchased a 150MW battery energy storage system (BESS) project in Michigan, US, from developer ESA Solar Energy.
Announced 7 May, energy software and consulting group Ascend Analytics led the transaction of the Salzburg BESS project. The company said that through its Ascend Energy Exchange (AEX) renewables and storage marketplace, it provided asset valution, financial modeling, market outlook, and end-to-end transaction advising.
The companies claimed that the Salzburg BESS project’s location makes it well-suited to fulfill Michigan utilities’ offtake needs. The project has passed significant development checkpoints, including permitting and interconnection advancement, and is slated to come online between 2029 and 2030.
