Eskom Holdings has launched a request-for-qualification process (RFQ) to select renewable energy partners for its Eskom Green phase 1 programme. The programme will cover up to 6 GW of utility-scale renewable energy and energy storage projects, including solar photovoltaic (PV), battery energy storage systems (BESS), wind and other renewable technologies.
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Scatec, in partnership with EDF Power Solutions, has commenced construction of the 900 MW Shadwan onshore wind project in Egypt. The project has a total capital expenditure of $716 million and is expected to generate around 4 TWh of electricity annually. Additionally, Scatec has signed a 3-year equity bridge loan agreement worth $150 million with The Arab Energy Fund, including $50 million for Shadwan and $100 million for the 1,950 MW solar and 3,935 MWh battery energy storage system Energy Valley project.
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The UK government has announced the creation of the Great British Grid (GBG), a new publicly owned body within the Great British Energy (GBE) that will invest in electricity network infrastructure and support faster delivery of grid projects needed to connect clean power and meet rising electricity demand. GBG will bring together public and private investment to support critical network infrastructure, working alongside existing network operators to accelerate projects and increase competition.
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Exus Renewables North America has acquired four utility-scale solar projects in Louisiana and Wisconsin from ibV Energy Partners. The projects have a combined capacity of 715 MW and include the 310 MW Maple Grove Solar 1 and 2 projects in Wisconsin, and the 125 MW Bayou Teche and 280 MW Bayou Chicot projects in Louisiana. Exus will develop, construct and operate the projects, which are expected to approximately double its renewable energy portfolio.
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China General Nuclear Power Corporation (CGN) has fully commissioned the 2 GW Yangjiang Fanshi offshore wind project in Guangdong. The project comprises two 1 GW wind farms, Fanshi 1 and Fanshi 2, located south of Nanpeng Island in Yangjiang’s Yangdong District. The project site extends up to 81 km offshore and reaches water depths of 53 metres.
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New York State Energy Research and Development Authority (NYSERDA) has awarded contracts to eight battery storage projects and 13 large-scale renewable energy projects. Together, these projects represent 1.7 GW of new capacity and over $3.7 billion in private investment. BESS projects will add 950 MW of capacity, with durations ranging from four to eight hours while the 13 renewable energy projects will add over 719 MW of capacity and comprise solar, onshore wind, and hydropower. The projects are expected to be operational by the end of 2030.
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Energy Vault has acquired over 2.3 GW portfolio of 15 battery energy storage system (BESS) development projects from Goshe Energy Storage in US. The portfolio is anchored by two ready-to-build projects of 150 MW and 200 MW, totalling 350 MW. The projects are expected to commence operations in the first quarter of 2028. Furthermore, the projects are expected to generate approximately $30 million in combined annual run-rate EBITDA.
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Germany’s Federal Network Agency has announced the results of its August 2026 onshore wind auction. A total of 461 bids totalling 5,250 MW were submitted while the auction offered 2,520 MW, making the auction significantly oversubscribed. A total of 237 bids, totalling 2,523 MW were awarded, while 17 bids were excluded. Furthermore, the successful bids ranged from 4.49-4.98 cents per kWh, with the average weighted award price falling to 4.79 cents per kWh, down from the previous auction round, which had an average weighted award price of 5.06 cents per kWh.
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Statkraft and Hydro Energi have signed a long-term power purchase agreement (PPA) in Norway. The agreement covers the supply of 876 GWh annually from 2031 to 2040, totalling to approximately 8.8 TWh over the contract period. The agreements will supply power to Hydro’s aluminium plants, with deliveries in NO5 electricity price area. The agreement follows two long-term PPAs signed by Hydro and Statkraft in April 2026 for the delivery of 0.9 TWh annually in 2029 and 2030, and 1.3 TWh annually from 2031 to 2038.
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The Saudi Arabia Power Procurement Company (SPPC) has signed four storage service agreements covering the first group of battery energy storage system (BESS) projects in Saudi Arabia. The total investment for the projects exceeds approximately $1.16 billion. The projects have a combined capacity of 2,000 MW/8,000 MWh, with four-hour storage duration.
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Germany’s Federal Network Agency has announced the results of the oversubscribed auction held in July 2026 for ground-mounted and non-building solar photovoltaic installations. The auction offered a total capacity of 2,135 MW. A total of 401 bids representing 3,170 MW were submitted, of which 48 bids were disqualified with 261 bids being successful in the pay-as-bid auction.
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Dimension Energy has secured $857 million in additional financing to accelerate the expansion of its distributed solar platform. The financing package includes a $200 million increase in its corporate credit facility and $657 million in construction-to-term debt and tax equity financing. The financing will support 29 distributed solar projects totalling 149 MW across Illinois, New Jersey, New York, Pennsylvania and Virginia.
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RWE has received federal environmental approval for its 1.1 GW Theodore wind farm. The project is located in Central Queensland, Australia. The project secured State Development Approval in June 2025 and was awarded the Capacity Investment Scheme contract under Tender 7 in May 2026. The project, valued at A$3 billion, will comprise up to 170 wind turbines and a battery energy storage system (BESS).
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TotalEnergies has completed the divestment of its 170 MW distributed solar portfolio, comprising mainly rooftop installations across seven European countries (France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom and Luxembourg). The portfolio has been divested to Amarenco and AMPYR Distributed Energy. The divested assets will continue to be operated by Amarenco and AMPYR Distributed Energy.
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Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, has entered into an agreement to sell 100 per cent of Solenergi Power Private Limited, which includes the Sprng Energy platform, to Aditya Birla Renewables Limited. The deal is valued at $1.8 billion. The acquisition will be financed through a combination of debt and equity infusion from Grasim and funds managed by Global Infrastructure Partners.
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EQT Infrastructure VII has agreed to acquire Copia Power from Carlyle in US. Copia Power develops integrated energy campuses that combine power generation, high-voltage transmission, and data centers at a single grid interconnection point. Copia has over 2.6 GW of energy generation and storage assets in operation or under construction and is developing more than 9 GW of grid-connected data centers supported by over 25 GW of solar and battery storage capacity.
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Polaris Renewable Energy has signed a 30-year mixed investment agreement with CFE for the development, financing, construction and operation of three renewable energy projects in Mexico. The portfolio comprises approximately 250 MWdc of solar capacity and 61.6 MW/192 MWh of BESS across Quintana Roo, Tlaxcala and Sinaloa. The projects include the 132.57 MWdc Los Girasoles solar project paired with 101.5 MWh of BESS, 91.06 MWdc of Solar Energía Tres Hermanos solar project paired with 71.6 MWh of BESS and 25.3 MWdc of Don Humberto solar project along with 18.9 MWh BESS.
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Metacon AB has secured up to SEK 111 million in Klimatklivet funding to develop a 10 MW green hydrogen electrolysis plant at the Hovgården waste management facility in Uppsala, Sweden, covering 55 per cent of the SEK 202 million project cost. The facility is expected to produce around 1,480 tonnes of green hydrogen annually, supplying industrial users and hydrogen refuelling stations across Central Sweden.
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The World Bank has approved $265 million to support the Ifahsa pumped hydropower storage project. The project has an installed capacity of 300 MW and is located near Chefchaouen in Morocco. The project will enhance grid flexibility and enable the integration of at least 1 GW of additional solar and wind capacity. The project is also expected to attract around $1 billion in private investment while replacing approximately 3 TWh of fossil fuel-based electricity annually.
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South Korea has awarded five offshore wind projects totaling 1.78 GW in its first-half 2026 offshore wind auction. The auction attracted bids for 3.65 GW across nine projects, and achieved a competition ratio exceeding 2:1. The selected portfolio includes more than 1.2 GW of fixed-bottom capacity, 532 MW of floating offshore wind, and a 160 MW public-led project.
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