Levanta Renewables has achieved financial close and issued the notice to proceed for the Barotac solar and battery energy storage system (BESS) project located in the Visayas, Philippines. The project comprises a 166 MWp ground-mounted solar PV facility along with an 80 MWh BESS. The project was awarded a power purchase agreement under the Philippines’ Green Energy Auction Program Round 4.
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Aukera Energy has achieved financial close for Project Volt located in La Louvière, Belgium. The project includes a 170 MW/340 MWh battery energy storage system (BESS) and is being developed in partnership with Weerts Group. Commercial operations for the project are scheduled to commence in mid-2027. The project was awarded a 15-year contract through Elia’s Y-4 Capacity Remuneration Mechanism auction in November 2025.
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Qualitas Energy has signed an agreement with ACL Energy to finance the construction of a 211 MW battery energy storage (BESS) portfolio in Italy. The portfolio consists of two BESS projects located in Lombardy and Apulia, featuring 4-hour and 8-hour storage systems. Both projects have secured long-term revenue streams through 15-year contracts awarded under Italy’s Capacity Market and MACSE storage auctions.
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LG Energy Solution Vertech has signed a supply agreement with DTE Energy to deploy battery energy storage systems (BESS) across Michigan. The partnership will support eight projects over the next two years, delivering a total of 1.5 GW/6 GWh of storage capacity. Battery cells will be sourced from LG Energy Solution’s manufacturing facilities in Michigan, as well as other locations in the US and Canada for the project.
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Sumitomo Corporation, through Summit Transition Partners (STP), has agreed to invest in multiple large-scale battery energy storage system (BESS) projects in the UK. The projects are being developed by Gresham House Energy Storage Fund plc. Additionally, Sumitomo Corporation has also entered into a battery storage partnership with Gresham House Limited.
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DESRI and Tierra Adentro Growth Capital (TAGC) have commenced construction on two solar plus storage projects in San Juan County, New Mexico. The projects include the 170 MW Foxtail Flats Solar and Storage facility with 80 MW/320 MWh battery storage and the 100 MW Four Mile Mesa Solar and Storage project with 100 MW/400 MWh storage. Together, the developments represent 270 MW of solar capacity and 180 MW of battery storage capacity.
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ZOE Energy Storage has partnered with a Saudi company to establish a BESS manufacturing facility. The BESS will be developed in two phases, with Phase I delivering 6 GWh capacity by the first quarter of 2027 and Phase II expanding total production capacity to 18 GWh. Once operational, the facility will serve markets across the Middle East, Africa, and Central Asia.
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Australia’s Assistant Minister for Climate Change and Energy has announced the results of Tender 7 under the Capacity Investment Scheme (CIS). A total of 19 renewable energy projects were selected, delivering 7.8 GW, exceeding the original 5 GW target of capacity. Of which 8 projects are hybrid systems combining wind or solar generation with battery storage.
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Trafigura has signed a 10-year hybrid power purchase agreement (PPA) withNadara for 434 MW of renewable energy capacity in Spain. The agreement covers power generation from five solar PV farms and six wind farms. The PPA includes output from Nadara’s hybrid sites at Esquileo, Dehesilla I & II, San Lorenzo C & D, along with the operational La Dehesica wind farm.
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Spearmint Energy has secured approximately $450 million in financing for the 300 MW/600 MWh Red Egret battery energy storage (BESS) project located in Texas City, Texas. The project includes a $225 million construction facility led by First Citizens Bank and Investec. The financing package also features $96 million in preferred equity from Nuveen Energy Infrastructure Credit, backed by TIAA.
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Sungrow andMasdar have signed an agreement to supply a battery energy storage system (BESS) and photovoltaic (PV) inverter solutions for the UAE’s gigascale round-the-clock renewable energy project. The project, being developed by Masdar and Emirates Water and Electricity Company (EWEC), will combine 5.2 GW of solar PV with a 19 GWh BESS. Under the agreement, Sungrow will provide 7.5 GWh of PowerTitan 3.0 ESS and 2.6 GW of PV inverter solutions.
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Grenergy has entered into a 20-year power purchase agreement (PPA) with Georgia Power in US for the supply of renewable energy and associated renewable attributes under the Clean and Renewable Energy Subscription (CARES) 2023 programme. The agreement covers the entire output from the Beaver Creek hybrid project, which is estimated to generate approximately 400 GWh of energy annually.
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Edify Energy has achieved financial close for the Smoky Creek and Guthrie’s Gap Solar Power Stations located in Central Queensland, Australia. The projects will deliver 720 MWp of combined solar generation capacity along with 600 MW/2,400 MWh of battery energy storage system (BESS). Both projects have also secured long-term support under the Australian Government’s capacity investment scheme (CIS).
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Ford Motor Company, a subsidiary of Ford Energy andEDF Power Solutions North America have signed a five-year framework agreement for large-scale battery energy storage (BESS) procurement in US. Under the agreement, EDF may procure up to 4 GWh of DC Block BESS annually from Ford Energy. The partnership represents a total potential deployment volume of up to 20 GWh over the five-year term.
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OX2 has commenced construction of the Muswellbrook solar farm and battery project in New South Wales, Australia. The project features 135 MWac of solar capacity and 100 MW of battery energy storage system (BESS). The project has also secured a long-term hybrid power purchase agreement with an international offtaker covering both solar generation and battery storage. Construction for the project is expected to complete in 2028.
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Sunraycer Renewables has secured a $901 million project financing facility from MUFG Bank Limited., Ally Bank, Nomura Securities International, Inc., Norddeutsche Landesbank Girozentrale, and Societe Generale. It will support the construction and operation of three solar and battery energy storage system (BESS) projects in Texas, aggregating 479.5 MWac of solar generation capacity and 236.5 MWac of two-hour BESS.
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DESRI and Meta have signed 850 MW of solar and battery storage power purchase agreements (PPAs) in US. The agreement includes 500 MW in Oklahoma, 200 MW in Texas and 150 MW in Mississippi. With these agreements, the total contracted solar and battery storage capacity between the companies has increased to approximately 2,575 MW in US. Previously contracted projects between the companies include 150 MW in Texas, 300 MW in Utah and 100 MW in New Mexico.
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Grenergy has secured $268 million in non-recourse financing for the Monte Águila solar plus storage project in Chile. The financing was arranged through an international banking syndicate led by BNP Paribas, alongside KfW IPEX-Bank, Rabobank, Natixis, and Scotiabank. The Monte Águila project also benefits from a 12-year daytime power purchase agreement.
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Elements Green has acquired the Newarthill battery energy storage system (BESS) project located near Motherwell in Scotland. The project, acquired from Geocore, has a 300 MW storage capacity with a planned two-hour duration and the potential to expand to four hours duration. The project received planning approval in February 2025. The project will connect through an adjacent 275kV substation, with a grid offer secured from NESO under the ongoing grid reform process.
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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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