Category: Hybrids and Energy Storage

EBRD finances solar with storage project in Egypt 

EBRD finances solar with storage project in Egypt 

November 10, 2026 | , , ,

The European Bank for Reconstruction and Development (EBRD) has approved a financing package of up to $63.5 million to support the development of a solar power plant with battery storage in Benban, near Aswan, Egypt.The project is owned by Nefer Benban for renewable energy, a joint venture between Infinity Power and HAU Energy. The financing package included up to $56 million from the EBRD and $7.5 million in concessional financing from the Clean Technology Fund.

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Lenders back Johor-Singapore renewable energy corridor

Lenders back Johor-Singapore renewable energy corridor

November 5, 2026 | , , ,

DBS Bank, the International Finance Corporation (IFC) and Malayan Banking Berhad (Maybank) are partnering with Ditrolic Energy Holdings to establish a financing framework for the USD6 billion Southern Johor Renewable Energy Corridor (SJREC), which aims to supply renewable electricity from Johor, Malaysia, to Singapore. Under a memorandum of understanding the parties will assess financing requirements, regulatory approvals, power transmission arrangements and risk allocation.

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Northern Solar secures solar and storage deals for Malaysian data centres

Northern Solar secures solar and storage deals for Malaysian data centres

November 5, 2026 | , , ,

Malaysia-based renewable energy company Northern Solar Holdings Berhad has secured two contracts totalling 189 MW of solar capacity, coupled with battery energy storage systems (BESS), to supply electricity to two data centres in Malaysia. The agreements were awarded to its wholly owned subsidiary, Northern Solar Assets Sdn. Bhd., under the Corporate Renewable Energy Supply Scheme (CRESS).

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BW ESS begins operations of 350 MW BESS in UK

BW ESS begins operations of 350 MW BESS in UK

November 2, 2026 | , ,

BW ESS has started commercial operations of the first phase of its Hams Hall battery energy storage system (BESS) in the West Midlands, UK. The first phase has a capacity of 350 MW/1,243 MWh, making it the largest BESS in Europe by storage capacity. The project is located next to National Grid’s Hams Hall substation. Furthermore, the second phase will increase the total capacity of Hams Hall to 400 MW/1,424 MWh.

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EIB provides $90 million for solar and BESS project in Egypt

EIB provides $90 million for solar and BESS project in Egypt

November 2, 2026 | , , ,

The European Investment Bank (EIB) will provide a loan of up to $90 million, guaranteed by the EU through the European Fund for Sustainable Development Plus (EFSD+), to finance the first phase of the Dandara solar photovoltaic (PV) and battery energy storage system (BESS) project in Egypt. Located in Qena Governorate, Phase 1 comprises a 569 MWp solar PV plant and an associated 100 MWh BESS.

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Neoen secures $1.8 billion for Australian renewables portfolio

Neoen secures $1.8 billion for Australian renewables portfolio

October 30, 2026 | , , , ,

Neoen has secured $1.8 billion in debt financing from 13 Australian and international lenders to support a 1.2 GW renewable energy portfolio in Australia. The portfolio includes two wind farms, two battery storage projects (BESS) and one solar farm across South Australia, New South Wales and Western Australia.  The assets include the 150 MW/193.5 MWh Hornsdale Power Reserve, 209 MW Goyder South Wind Farm Stage 1A, 440 MWp Culcairn Solar Farm, 215 MW/963 MWh Culcairn Battery and 179 MW Narrogin Wind Farm.

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India tenders 16 GWh BESS

India tenders 16 GWh BESS

October 29, 2026 | , ,

The Solar Energy Corporation of India Limited (SECI) has invited bids for the selection of developers to set up 4,000 MW/16,000 MWh of standalone battery energy storage systems (BESS) in Rajasthan and Gujarat. The projects will be developed under the build-own-operate model through tariff-based competitive bidding for on-demand energy supply. The tender has been divided into two packages: 2,500 MW/10,000 MWh in Rajasthan and 1,500 MW/6,000 MWh in Gujarat.

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Singapore unveils five-year energy infrastructure plan

Singapore unveils five-year energy infrastructure plan

October 29, 2026 | , , ,

The Government of Singapore has announced a five-year energy infrastructure plan to meet rising electricity demand, with peak demand projected to increase from 8.6 GW in August 2026 to between 9.9 GW and 13 GW by 2031. The plan includes five new natural gas-fired power plants expected to enter operation between 2026 and 2031, expanding generation capacity by around 26 per cent from the current 12 GW.

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Delta Capacity reaches financial close on 600 MWh Finnish BESS projects 

Delta Capacity reaches financial close on 600 MWh Finnish BESS projects 

October 28, 2026 | , ,

Delta Capacity has reached financial close on two standalone battery energy storage system (BESS) projects in Finland with a combined capacity of 250 MW/600 MWh. The Karppio BESS project in Teuva has a capacity of 125 MW/300 MWh and is being developed with Strioga Family Foundation, while the 125 MW/300 MWh AKKU One project in Lapinlahti is being developed with COVENERGO.

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Climate Fund Managers secures $140 million GCF approval in Africa

Climate Fund Managers secures $140 million GCF approval in Africa

October 28, 2026 | , ,

Climate Fund Managers has secured approval for $140 million in financing from the Green Climate Fund (GCF) for Climate Investor Three (CI3), a blended finance facility focused on industrial decarbonisation, including green hydrogen infrastructure. Under the GCF-supported programme, CI3 will invest in green hydrogen production, downstream products such as green ammonia and green methanol, and the decarbonisation of hard-to-abate industries in South Africa and Namibia.

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Qualitas Energy secures $286 million for Chilean renewables portfolio 

Qualitas Energy secures $286 million for Chilean renewables portfolio 

October 28, 2026 | , , , ,

Qualitas Energy has secured a US$286 million non-recourse financing package for its Chilean portfolio under Qualitas Energy Fund V (QE V). The portfolio comprises eight assets with a combined renewable energy generation capacity of 259 MW and battery storage capacity of 840 MWh. These include 66 MW of operational run-of-river hydropower assets, a 154 MWp solar photovoltaic project integrated with 840 MWh of battery energy storage systems (BESS), and 39 MW of onshore wind capacity.

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Rethinking Data Centres: Exploring co-location with PSPs, offshore wind and floating solar

Rethinking Data Centres: Exploring co-location with PSPs, offshore wind and floating solar

October 27, 2026 | , , , ,

As hyperscale facilities grow, the sector will need reliable round-the-clock power, adequate transmission capacity, cooling infrastructure and large tracts of land. Given this scenario, renewable energy backed by pumped storage projects (PSPs) could provide firm power for these facilities, while offshore and floating data centres could help address land and cooling constraints in coastal locations. These models could help reduce pressure on land, transmission networks and freshwater resources.

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SAMSUNG SDI signs 1 GWh ESS deal with Alpha Omega Power

SAMSUNG SDI signs 1 GWh ESS deal with Alpha Omega Power

October 27, 2026 | , ,

SAMSUNG SDI America, the Michigan-based subsidiary of SAMSUNG SDI, has signed a 1 GWh agreement to supply energy storage systems (ESS) to Alpha Omega Power. Under the agreement, SAMSUNG SDI will supply its Samsung battery box 1.7, an integrated ESS that uses nickel-cobalt-aluminum batteries. Furthermore, the battery cells and modules will be manufactured at the StarPlus Energy plant in Kokomo, Indiana, and delivered by the end of this year.

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Elgin announces £400 million renewables investment in UK 

Elgin announces £400 million renewables investment in UK 

October 27, 2026 | , , ,

Elgin plans to invest nearly £400 million across five renewable energy projects in the UK, with a combined capacity of 230 MW. The projects are located in Suffolk, Buckinghamshire, Leicestershire and Staffordshire and are part of Elgin’s portfolio of solar and energy storage projects. All the projects are expected to reach final investment decision by the end of the first quarter of 2027.

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Singapore approves 1.3 GW clean power imports 

Singapore approves 1.3 GW clean power imports 

October 26, 2026 | , , , ,

Singapore’s Energy Market Authority has given conditional approval to the Vietnam-Malaysia-Singapore renewable electricity initiative. The approval was granted to Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries and the designated importer for the proposed project. The initiative plans to import up to 1.3 GW of renewable electricity into Singapore through a regional power corridor connecting Vietnam, Malaysia and Singapore.

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ENNA Group to acquire solar project with storage in Romania

ENNA Group to acquire solar project with storage in Romania

October 23, 2026 | , ,

ENNA Solar, part of ENNA Group, has signed an agreement to acquire the Medgidia project, located in Constanța County, in Romania. The Medgidia project comprises 166 MWp solar plant with a 612 MWh battery energy storage system. The acquisition involves ENNA Solar acquiring a 100 per cent equity stake in CIC GREEN ENERGY MEDGIDIA S.R.L., holding the rights to develop the project.

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Greenvolt sells 400 MW BESS projects in Poland

Greenvolt sells 400 MW BESS projects in Poland

October 23, 2026 | , ,

Greenvolt Group, through Greenvolt Power, has agreed to sell two standalone battery energy storage system (BESS) projects in Poland to A&R Investments. The projects are located in Ełk and Turośń Kościelna in north-eastern Poland, and have a total installed capacity of 400 MW/1,600 MWh. Both projects were completed in the third quarter of 2026 and have received the required permits for use.

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HAU Energy and Infinity Power secure financing for solar with BESS project in Egypt

HAU Energy and Infinity Power secure financing for solar with BESS project in Egypt

October 21, 2026 | , , ,

HAU Energy and Infinity Power have secured debt financing of up to $566 million for the development of the Nefer Minya solar photovoltaic project in Minya, Egypt. The financing package includes up to $265 million arranged by the European Bank for Reconstruction and Development (EBRD). The EBRD-arranged financing includes $160 million from its own funds, $75 million mobilised from the Bank of Jordan, and up to $30 million in concessional financing from the Clean Technology Fund.

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IGNIS sells 656 MW renewable energy portfolio in Italy 

IGNIS sells 656 MW renewable energy portfolio in Italy 

October 21, 2026 | , , , ,

IGNIS has completed the sale of a 656 MW portfolio of renewable energy projects in Italy. The portfolio has been acquired by flyRen Energy Group SpA, which is backed by Foresight Energy Infrastructure Partners II. The portfolio comprises 28 projects, including solar photovoltaic (PV), battery-hybrid, and wind projects at various stages of development. The sale is part of the company’s asset rotation strategy, with ValeCap serving as financial adviser and Green Horse Legal Advisory and DWF as legal advisers.

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