BW ESS has acquired two standalone battery energy storage system (BESS) projects from Navacant in Spain. The projects, located in the Valencia region, have storage capacities of 99 MW and 27 MW, respectively. Together, the projects have a combined capacity of 126 MW/up to 675 MWh. Furthermore, the projects are expected to reach ready-to-build status in 2027 with commercial operations targeted for 2028.
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The first phase of the MTerra Solar project has commenced commercial operations with a capacity of 600 MWac. The project began commercial operations in August 2026 under its power supply agreement with Meralco. The project is being jointly developed by MGEN and Actis, with Actis investing $600 million in the project. The project is expected to deliver 3,500 MWp of solar paired with 4,500 MWh of BESS upon completion.
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The Government of Niger has entered into a public-private partnership (PPP) with Niger Electricity Power Production (NEPP) to develop a 200 MW solar photovoltaic plant with battery energy storage system (BESS) in Niamey. The project represents an investment of 126.1 billion CFA francs. Project construction and financial mobilisation are expected to take approximately 24 months.
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ABO Energy and the City of Oulu have signed a cooperation agreement to advance a large-scale green hydrogen project in northern Finland. The project, to be developed over 41 hectares, would reportedly have 600 MW of expandable electrolyser capacity across two to three development phases. The project, located in the Pyyryväinen green transition zone, follows a site reservation secured in 2025.
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OCI Energy, Arava Power and partners have broken ground on the SunRoper solar project in Wharton county, Texas. The project has an installed capacity of 347 MWdc, and is expected to commence operations in December 2027. Furthermore, the project, jointly developed by OCI Energy and Arava Power, is being financed by ING Capital, and constructed by WHC Energy Services.
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Sodium-ion batteries, as a solution for grid-scale storage demands, have spent the better part of a decade described, roughly, as “promising.” It’s a word that’s covered for a lot of unfinished progress and has become somewhat of a warning sign to anyone in this industry trying to separate emerging technologies from commercially ready ones. The technology has moved beyond the stage where the primary questions are whether the chemistry works or whether it can be manufactured at scale. What’s changing quickly right now, though, is sodium-ion is being evaluated against the same practical criteria as other commercial storage technologies: performance, safety, manufacturability, supply-chain resilience, lifecycle economics, and the ability to deploy at meaningful scale.
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Blueleaf Energy and Universal Peak Sdn Bhd have achieved financial close with UOB for a utility-scale battery energy storage (BESS) project in Malaysia. The project will have an installed capacity of 100 MW/400 MWh. Project construction will commence under a build, own, and operate model. Universal Peak will support the project as a turnkey provider of electrical infrastructure solutions. The project is expected to be commissioned in mid-2027.
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Infinity Power and Hassan Allam Utilities Energy have signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Co. (EETC) for the Ras Shokeir wind project. The project, located in Egypt, will add 1 GW of wind generation capacity to the grid. Furthermore, once operational, the project is expected to supply clean electricity to more than 1.2 million households while offsetting over 1.36 million tonnes of carbon emissions annually.
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CVC DIF has completed the acquisition of the Gabriela hybrid project in Northern Chile. The project was acquired from Grenergy. The project comprises 272 MW of installed solar photovoltaic capacity and 1,100 MWh of battery energy storage (BESS) capacity. The project is also supported by a 15-year dollar denominated, inflation-indexed hybrid power purchase agreement.
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Monarch Private Capital announced completion of two hybrid solar and battery energy storage (BESS) projects in Texas, developed by Sunraycer Renewables, for which it provided tax equity financing. The projects include the Midpoint solar project located in Hill County and the Gaia solar project located in Navarro County. Furthermore, the Midpoint project comprises 127.05 MWdc of solar capacity and a 50 MW/100 MWh BESS while the Gaia project comprises 183.84 MWdc of solar capacity and a 75 MW/150 MWh BESS.
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CrossBoundary Energy commenced operations of its solar and battery energy storage system (BESS) project for Kamoa Copper South Africa. The project comprises a 233 MWp solar photovoltaic array and a 123 MVA/526 MWh BESS. The project will supply 30 MW of baseload power to the Kamoa Copper mining complex in the Democratic Republic of Congo (DRC).
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OMV Petrom has completed the delivery of all seven modules for its 35 MW green hydrogen electrolyser at the Petrobrazi refinery in Romania. The project, supplied by Neuman & Esser, consists of seven 5 MW electrolysis modules and is currently being integrated into the refinery infrastructure. Together with the earlier announced 20 MW electrolyser, Petrobrazi’s total green hydrogen production capacity will reach 55 MW.
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ENGIE has commenced commercial operations for two battery energy storage system (BESS) projects in Chile. The projects include the Libélula and Los Loros BESS, adding a combined 251 MW of storage capacity to the National Electric System. With the addition of these projects, ENGIE’s operational BESS portfolio in Chile has reached 663 MW. Furthermore, the Libélula project, located in the Metropolitan Region, includes a 203 MW/1,034 MWh five-hour duration BESS along with a 140 MW solar plant comprising 245,560 solar panels.
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Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V fund, has acquired the Gawara Baya hybrid project located in North Queensland, Australia. The project was acquired from Windlab. The project combines a 408 MW onshore wind farm comprising 68 wind turbines with a 104 MW grid-forming battery energy storage system (BESS). Commercial operations for the project are expected in 2030.
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Return and Vattenfall have signed a long-term agreement for the 200 MW/800 MWh Sirius battery energy storage system (BESS) project located in Winschoten, Groningen, Netherlands. The project is being delivered by Huawei, Hanab and Omexom, covering battery technology, construction and installation. Under the agreement, Vattenfall will secure access to the project’s charging, storage and power delivery capacity in exchange for a fixed fee.
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Energy tax credits play a central role in supporting investment and growth across the energy sector. Their continued availability, alongside evolving mechanisms for monetising these incentives, provides a supportive framework for further clean energy deployment. Federal tax credits provide financial incentives for a range of energy sources, manufacturing technologies, and critical minerals, driving adoption across states, industries, and customers. They work by reducing the tax liability of project developers and investors, effectively lowering the overall costs of developing energy projects.
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India is giving a fresh impetus to floating solar with the launch of the Pradhan Mantri Surya Sarovar Yojana (PM-SSY). Approved by the Union Cabinet on July 31, 2026, the scheme seeks to address one of the growing constraints to large-scale solar development: the availability of suitable land. It envisages the development of 5,000 MW of floating solar photovoltaic (FSPV) capacity, with a total financial outlay of Rs 50.70 billion. The projects will be sanctioned during FY 2026-27 to FY 2030-31, with financial assistance continuing to be disbursed through FY 2032-33.
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In 2025, renewable energy sources made up 49.9% of gross electricity consumption in the EU, more than 2 pp higher than the previous year (47.5% in 2024). The growth in electricity generated from renewable energy sources during the period 2015 to 2025 largely reflects an expansion in 2 renewable energy sources across the EU, namely wind power and solar power. Wind power and hydropower accounted for almost two-thirds of the total electricity generated from renewable sources (38.0% and 26.4%, respectively). The remaining one-third of electricity generated was from solar power (23.4%), solid biofuels (5.8%) and other renewable sources (6.1%).
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Sungrow has started construction of a battery energy storage system (BESS) manufacturing facility in Egypt with an annual production capacity of 10 GWh. The facility is valued at $50 million and is being developed in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone in Ain Sokhna. The facility is expected to commence production in April 2027.
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Amazon has signed four power purchase agreements (PPAs) for wind projects in Sweden. The agreements are expected to add approximately 200 MW of new carbon-free energy capacity. The projects include the Fageråsen, Boarp, Dållebo and Fågelås wind projects, which are being developed by OX2 and Eolus. Furthermore, the Fageråsen project will have a capacity of 132 MW, while the Boarp, Dållebo and Fågelås projects have capacities of 17.5 MW, 18 MW and 31.5 MW, respectively.
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