Category: Big Moves Europe

Statkraft and Hydro Energi sign 8.8 TWh PPA in Norway

Statkraft and Hydro Energi sign 8.8 TWh PPA in Norway

August 24, 2026 | , ,

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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Germany awards 2.1 GW solar projects

Germany awards 2.1 GW solar projects

August 18, 2026 | , ,

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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TotalEnergies divests European distributed solar portfolio 

TotalEnergies divests European distributed solar portfolio 

July 14, 2026 | , ,

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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Metacon secures funding for green hydrogen project in Sweden

Metacon secures funding for green hydrogen project in Sweden

July 6, 2026 | , ,

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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ContourGlobal acquires 2,000 MWh Wallace BESS in UK 

ContourGlobal acquires 2,000 MWh Wallace BESS in UK 

June 24, 2026 | , ,

ContourGlobal has entered the UK market with the acquisition of 500 MW/2,000 MWh Wallace battery energy storage (BESS) from a consortium of sellers including New Energy Partnership Limited. It is a four-hour-duration BESS. The project is expected to participate in the upcoming UK Capacity Market auction. The project also benefits from a full planning consent, a secured land option, and allocated Gate 2 status under the UK grid connection reform process. 

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Skyborn and Amazon sign 600 MW offshore wind PPA in Germany 

Skyborn and Amazon sign 600 MW offshore wind PPA in Germany 

June 22, 2026 | , ,

Amazon and Skyborn Renewables have signed a 600 MW power purchase agreement (PPA) for electricity from the Gennaker offshore wind farm. The project is located in the German Baltic Sea and will add up to 976.5 MW of offshore wind capacity to Germany’s power system. The project will feature 63 offshore wind turbines rated at 15 MW each. Project construction is expected to commence following financial close in summer 2026, with commercial operations targeted for late 2028.

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FRV secures grid capacity for 2.3 GW renewables in Germany

FRV secures grid capacity for 2.3 GW renewables in Germany

June 17, 2026 | , , ,

Fotowatio Renewable Ventures (FRV) has secured 2.3 GW of grid capacity in Germany to support a portfolio of battery energy storage, solar PV, and hybrid renewable energy projects. The portfolio forms part of FRV’s broader international pipeline spanning solar, energy storage, hybrid systems, green hydrogen, and data center developments, with projects targeting ready-to-build (RTB) status between 2026 and 2029.

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Masdar buys stake in 705 MW Spanish renewables portfolio 

Masdar buys stake in 705 MW Spanish renewables portfolio 

June 12, 2026 | , , , ,

Masdar has agreed to acquire a 49.99 percent stake in Repsol’s 705 MW renewable energy portfolio in Spain in a deal valuing the assets at €849 million. The portfolio comprises 13 wind farms with a combined capacity of 402 MW and 6 solar parks totaling 303 MW, all of which became operational in 2025 and the first quarter of 2026. It also includes a pipeline of more than 565 MW of potential hybrid projects involving wind, solar and battery storage.

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EBRD finances 400 MW renewables across south-east Europe

EBRD finances 400 MW renewables across south-east Europe

June 8, 2026 | , , ,

The European Bank for Reconstruction and Development (EBRD) is providing a €175 million loan to Public Power Corporation (PPC) to support renewable energy development across Bulgaria, Greece, and Romania. The financing will help develop approximately 400 MW of new wind and solar capacity across the three countries. The financing is backed by the EU-supported InvestEU. 

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Fidra acquires up to 1 GW BESS project in UK 

Fidra acquires up to 1 GW BESS project in UK 

June 4, 2026 | , ,

Fidra Energy has acquired the Enderby battery energy storage (BESS) project from Innova in Leicestershire, UK.  Once operational, the project is expected to deliver up to 1,025 MW of storage capacity. The acquisition expands Fidra Energy’s UK battery storage pipeline to more than 4 GW. The project received planning consent in May 2025, with a regulatory decision expected in summer 2026.

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OnPath Energy to invest £1 billion in Scottish onshore wind

OnPath Energy to invest £1 billion in Scottish onshore wind

May 19, 2026 | , ,

OnPath Energy has planned to invest around £1 billion for onshore wind project developments in partnership with Wilson Forest Products over the next five years. This includes the development of the Bankend Rig II, Bankend Rig III, and Hawkwood Wind Farm projects in Southern Scotland. The projects will include a total of 18 turbines with a combined generation capacity of 121 MW and will generate enough electricity to supply around 150,000 homes annually. 

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European Energy begins construction on Sicilian AgriPV project

European Energy begins construction on Sicilian AgriPV project

May 18, 2026 | , ,

European Energy has commenced construction of a 225.5 MW agrivoltaic project in Sicily, Italy, following a final investment decision of more than €200 million. The project is expected to generate around 405 GWh of electricity annually, sufficient to power more than 135,000 households. European Energy will manage engineering, procurement and construction activities. The project is part of European Energy’s portfolio supported under Italy’s FER X Transitional Contract for Difference auction scheme.

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Flower advances its 400 MWh BESS project in Hamburg 

Flower advances its 400 MWh BESS project in Hamburg 

May 8, 2026 | , ,

Flower has advanced its internally developed battery energy storage system (BESS) project located in Bergedorf, Hamburg, to ready-to-build status after securing land, grid connections, and permits. The project has an installed capacity of 100 MW/400 MWh. The project is expected to commence operations in late 2028 and represents a major step in the company’s expansion strategy in Germany.

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CIP launches Perigus post Ørsted deal

CIP launches Perigus post Ørsted deal

May 4, 2026 | ,

CIP has launched Perigus Energy following the acquisition of Ørsted’s European onshore renewables business through its fifth flagship fund Copenhagen Infrastructure V (CI V). Perigus Energy currently has 826 MW of operational and under-construction renewable energy capacity. Perigus Energy will develop, build, and operate onshore wind, solar, and battery storage projects across Ireland, Germany, the UK, and Spain.

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Grenergy signs financial agreement for 680 MWh BESS in Spain

Grenergy signs financial agreement for 680 MWh BESS in Spain

April 27, 2026 | , ,

Grenergy has signed a 12-year financial tolling agreement for the storage system of its Escuderos hybrid project. The project is located in Castilla-La Mancha in Spain. The project comprises 200 MW solar PV with 680 MWh battery energy storage system (BESS). The BESS construction for the project is expected to commence in 2026 with its commissioning expected in 2027. 

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ACCIONA gets 800 GWh clean power contracts from Italian industries

ACCIONA gets 800 GWh clean power contracts from Italian industries

April 16, 2026 | ,

ACCIONA Energía has signed agreements to supply 800 GWh of renewable energy to energy-intensive industries in Italy, including Acciaierie Venete. The contracts fall under Italy’s Energy Release 2.0 mechanism, managed by Gestore dei Servizi Energetici. Industries will procure power at €65 per MWh for three years and ACCIONA Energía will develop new projects backed by 20-year fixed tariff arrangements.

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Germany awards 3.5 GW of onshore wind and solar capacity

Germany awards 3.5 GW of onshore wind and solar capacity

April 1, 2026 | , , ,

The Federal Network Agency of Germany has released the results of the tenders for onshore wind turbines and solar installations on buildings and noise barriers that closed on February 1, 2026. For onshore wind turbines, a total capacity of 3,445 MW was tendered, attracting 924 bids with a combined capacity of 7,858 MW. Of these, 439 bids amounting to 3,445 MW were awarded contracts, while 24 bids were excluded from the award process.

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Vestas to develop offshore wind manufacturing facility in UK

Vestas to develop offshore wind manufacturing facility in UK

March 26, 2026 | ,

Vestas Wind Systems A/S has outlined plans to establish a nacelle and hub manufacturing facility in Scotland, UK. The proposed investment exceeds €250 million and is aimed at supporting rising offshore wind demand across the UK and Europe. The facility is expected to manufacture nacelles and hubs for the V236-15.0 MW offshore wind turbine platform. Additionally, Vestas will assess opportunities to co-locate key component suppliers alongside the facility.

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EC approves €5 billion Danish aid scheme for offshore wind energy 

EC approves €5 billion Danish aid scheme for offshore wind energy 

March 24, 2026 | , ,

The European Commission (EC) has approved a Danish state aid scheme valued at approximately €5 billion to support offshore wind energy development. The scheme, notified under the Clean Industrial Deal State Aid Framework adopted in June 2025, will run for 20 years. It will support the construction and operation of two offshore wind farms, Hesselø and North Sea I Mid. 

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