Globeleq has launched the Leopards Hill project which combines a 250 MWp solar PV with a 150 MW/600 MWh battery energy storage system (BESS). The project, located near Lusaka, is being developed in partnership with Leopard Investment Company and will supply electricity to approximately 150,000 households annually. The project’s financial close is targeted by the end of 2026.
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The European Bank for Reconstruction and Development (EBRD) will provide a €70 million loan to Renalfa IPP to support energy projects in Hungary. The funding is part of the €210 million package for the development, construction and operation of the 450 MW solar PV portfolio with 250 MW/1,000 MWh battery energy storage systems (BESS) located in Northeastern Hungary.
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Copenhagen Infrastructure Partners (CIP) has issued the final notice to proceed (FNTP) for the Patache BESS project, marking its official construction. The project is located in Iquique, Chile. The project has a 300 MW/1,500 MWh capacity. The project is being managed through CIP’s Growth Markets Fund II. The project builds on CIP’s 1,100 MWh Arena BESS project in the Antofagasta region.
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Amazon Australia has signed nine power purchase agreements (PPAs) to add 430 MW of clean energy to the grid across New South Wales and Victoria. The projects will increase Amazon’s total renewable capacity in Australia to nearly 1 GW (990 MW) once operational. The portfolio includes: one wind farm, three utility-scale solar and battery hybrids, four distributed solar-battery projects, and a new battery installation at the Mokoan Solar Farm.
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REDEN has signed a joint development agreement (JDA) with Circle Energy to develop battery storage energy system (BESS) projects in Spain. The partnership will deliver up to 200 MW of utility-scale battery energy storage capacity over the coming years. Both companies emphasise responsible development, prioritizing compliance, stakeholder engagement, and positive environmental and social impact.
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HD Renewable Energy has partnered with Tokyo Gas Co to advance approximately 340 MW of battery energy storage (BESS) projects in Japan. The collaboration includes operational services and long-term offtake agreements across multiple projects. Around 149 MW of projects in Aomori Prefecture have been secured under Japan’s Long-Term Decarbonization Auction (LTDA) scheme.
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Palisade Investment Partners, via Intera Renewables, has acquired a 100 per cent interest in the 240 MW/960 MWh Summerfield battery energy storage system (BESS) from Copenhagen Infrastructure Partners (CIP). The facility located east of Adelaide, is currently under construction with a scheduled completion date in late 2026. This acquisition bolsters Palisade’s total renewable energy portfolio to 2.5 GW.
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Energy Vault Holdings has acquired an 850 MW battery energy storage (BESS) development portfolio from a domestic developer in Japan. The portfolio includes 350 MW of advanced-stage projects expected to begin construction in the second half of 2027 and operations in the second half of 2028, along with 500 MW of early-stage projects.
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CFE Calificados, a subsidiary of Federal Electricity Commission (CFE), has signed power purchase agreements (PPAs) with Copenhagen Infrastructure Partners (CIP), in partnership with Sunstone Power, for two solar-plus-storage projects in Campeche, Mexico. The projects include Alegría Solar, comprising 600 MW of solar and 300 MW of storage, and Esperanza Solar, comprising 300 MW of solar with 150 MW of storage.
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Levanta Renewables has announced the signing of an engineering, procurement, and construction (EPC) contract with the China Energy Engineering Group (CEEC) for the development of the Barotac solar and battery energy storage system (BESS) project in the Visayas, Philippines. The contract covers the full EPC scope for the project, which will integrate 166 MWp of solar capacity with an 80 MWh of BESS capacity.
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ENGIE has acquired two battery energy storage system (BESS) projects in Andalusia totaling 278 MW/1.1 GWh. These facilities located in Álora (78 MW/312 MWh) and Tarifa (200 MW/800 MWh) provide four hours of storage and utilise synchronous condensers to stabilise the grid through inertia and reactive power management. Construction on the projects is scheduled to commence in 2027, with the projects expected to be commissioned in 2028.
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Zelestra and EDP have signed a power purchase agreement (PPA) to hybridise an operational solar plant with battery storage. As per the agreement, Zelestra will add a 160 MWh BESS to the 50 MW Pizarroso solar plant in Cáceres. The solar plant has been operational since 2023. EDP, the current offtaker for the solar plant, will use the battery storage to improve energy management and enhance system flexibility.
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Neoen has announced investment in the 100 MW/400 MWh Japan Ako Battery project. Neoen is partnering with Equans and Toho for the project, and secured a grid connection agreement with Kansai Electric Power Company in January 2026. The project is a four-hour battery system and is scheduled to become operational in 2028.
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TotalEnergies and Masdar have signed a $2.2 billion 50/50 JV agreement to merge their onshore renewable activities in Asia. The JV will manage 3 GW of operational assets and 6 GW under advanced development that are expected to commence operation by 2030. The JV will be the sole platform for developing, building, owning and operating onshore solar, wind and battery storage projects.
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Georgia Power has begun construction of a 260 MW battery energy storage system (BESS) project in Jefferson County, Georgia. The BESS is designed to supply stored energy over a four-hour period and is being built by Burns & McDonnell. The project has also received approval from the Georgia Public Service Commission and is expected to be completed in 2027.
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Arevon Energy, Inc. has commenced construction of the 250 MW/1,000 MWh Cormorant energy storage project in Daly City, California. The project involves an investment of approximately $600 million. The company will own and operate the project, which is scheduled to become operational in 2027. Once completed, it is expected to supply electricity to around 321,000 homes for up to four hours.
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Egypt has formalised a series of renewable agreements covering wind, solar, and battery energy storage system projects. These include plans to establish standalone battery energy storage systems with a total capacity of 5,620 MW. One of the agreements grants land usufruct rights for the 900 MW Shokeir wind project in Ras Shokeir. Furthermore, multiple other PPAs have been signed for several renewable projects across the country.
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The European Investment Bank (EIB), Natixis Corporate & Investment Banking (Natixis CIB), and Sunprime Holdings S.r.l. have finalised a project finance agreement of up to €507 million to support Project Sophocles in Italy. The project involves the development and operation of nearly 200 solar plants with a combined capacity of 290 MWp, along with 350 MW of battery energy storage systems (BESS).
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rPlus Energies has secured financing commitments exceeding $650 million for the Blacks Creek Energy Center, a 400 MWac, or 520 MWdc solar project with 200 MW of storage located in Ada County, Idaho. The financing includes debt facilities and tax equity commitments to support the construction of the project. The debt financing facility is being led by Santander Corporate & Investment Banking and KeyBanc Capital Markets, Inc.
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Flow Power has entered into a foundational offtake agreement with Octopus Australia for the Blind Creek solar farm and battery energy storage system (BESS) project in Australia. The project is located in Bungendore, New South Wales, and comprises 300 MW of solar capacity with a BESS of 243 MW/486 MWh. It is being developed in collaboration with local landholders under an agri-solar framework.
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