Enery and Coca-Cola HBC Bulgaria EAD have signed a long-term physical power purchase agreement (PPA) for the supply of renewable electricity from the Knizhovnik hybrid power plant in southern Bulgaria. Under the agreement, Enery will supply clean electricity generated locally from renewable sources to Coca-Cola HBC Bulgaria every year, based on a fixed solar generation profile.
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Greenvolt Power has raised € 284 million in project financing for its 253.1 MW wind project in Gurbănești, located east of Bucharest, Romania. The project is currently under construction and is expected to begin commercial operations by the end of 2027. It will comprise 42 wind turbines, each with a capacity of 6.1 MW. The financing has been arranged through a syndicate of eight financial institutions: UniCredit S.p.A., Erste Group Bank AG, Banca Comercială Română S.A., Siemens Financial Services through Siemens Bank, Société Générale, BRD, ING Bank N.V., and Alpha Bank S.A.
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Clearway Energy Group has closed financing and started construction of the 650 MW Swan Energy Center in Bates County, Missouri. The project is backed by a 20-year power purchase agreement and is expected to begin commercial operations in 2028. Clearway secured financing for the $1.5 billion project through a bank consortium led by Canadian Imperial Bank of Commerce, DNB Bank ASA, and National Australia Bank Limited.
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tesa has signed an agreement with EWE HYDROGEN GmbH to receive 500 tonnes of green hydrogen annually for its plant in Hamburg from 2028 in Emden, Germany. The hydrogen will be used for steam generation and is expected to replace fossil fuels, reducing emissions at the plant by around 6,000 tonnes of carbon emissions per year. EWE plans to produce the hydrogen at its 320 MW hydrogen production plant in Emden, which is scheduled to start operations by the end of 2027.
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Cargill is expanding its renewable electricity portfolio in the US through solar and wind projects in Oklahoma and South Dakota. It has signed a 12.6-year virtual power purchase agreement (VPPA) for 87 MW of wind power from the Sweetland wind project in South Dakota. The project is expected to generate about 392,000 MWh of renewable electricity annually and support a reduction of around 162,000 metric tonnes of carbon emissions each year from Cargill’s operations.
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Actis has launched Leo Energies, its fourth renewable energy platform in India. The platform targets a portfolio of over 3 GW of onshore wind, solar and battery energy storage system (BESS) assets. The platform has signed agreements to acquire approximately 650 MWp of operational solar capacity across Rajasthan, Tamil Nadu, Gujarat, Karnataka and Andhra Pradesh.
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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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MaxSolar has secured €155 million HoldCo debt financing from funds managed by Copenhagen Infrastructure Partners (CIP). The facility will refinance MaxSolar’s existing HoldCo debt and provide additional capital for the development of its solar photovoltaic (PV) and battery energy storage system (BESS) portfolio in Germany. The financing will support an approximately 1.3 GW portfolio, of which 465 MW is already operational.
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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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Linea Energy has closed project debt financing and secured a preferred equity commitment for the 250 MW/500 MWh Mesa View standalone battery energy storage system (BESS) in Upton County, Texas. The debt financing includes a construction-to-term loan, a tax equity bridge loan and a letter of credit facility. Furthermore, D.E. Shaw Renewable Investments provided the preferred equity commitment.
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Wärtsilä and RCT Solutions GmbH have launched Valo, a new global battery energy storage system (BESS) integrator with 7.5 GWh of projects in Australia. The joint venture will provide end-to-end solutions for utility-scale battery energy storage projects. Wärtsilä’s Energy Storage business will contribute utility-scale storage technology, controls and optimisation software, system integration expertise and lifecycle services.
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Atmos Renewables, the Australian renewables business of Igneo Infrastructure Partners, has reached financial closure on two projects supported by the Australian Government’s Capacity Investment Scheme (CIS). The projects are the 400 MW/1,600 MWh Teebar battery energy storage system (BESS) project in Queensland and the 470 MW Parron Maam Marang wind farm in Western Australia.
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Alight has acquired a portfolio of 40 large-scale solar projects in southern Sweden from Soltech Energy Solutions. The acquired portfolio has a cumulative planned solar capacity of around 2 GW. Most of the projects also have options for co-located battery storage. The projects are located across Sweden’s SE3 and SE4 electricity price areas. The transaction has been completed following approval from the Inspectorate of Strategic Products.
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Enel, through its wholly-owned subsidiary Enel Green Power North America, has completed the acquisition of 7 operational solar plants in the US from an unnamed utility. The plants have a combined installed capacity of approximately 270 MW, and are expected to generate around 0.4 TWh of electricity annually. The acquisition was completed for approximately $140 million.
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Foresight has reached financial close for the 130 MW first stage of the Kondinin wind farm in Western Australia’s Wheatbelt, securing A$430 million in debt financing. The financing has been provided by Australia and New Zealand Banking Group, Commonwealth Bank of Australia, Deutsche Bank, HSBC and Westpac. The financial close will allow construction of stage 1 to begin.
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EDF Power Solutions North America and the New York Power Authority (NYPA) have announced a partnership for the development of the 240 MW Rich Road solar project in Canton, St. Lawrence County, New York. Under the partnership, NYPA, through its wholly owned subsidiary New York Renewable Energy Development Holdings Corporation, will hold a 51 per cent majority stake in the project, while EDF Power Solutions will remain a minority owner.
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Rezolv Energy, through its project subsidiary West Power Investments, has signed up for a €561 million project financing package for the 1.3 GWp Dama Solar project in Arad County, western Romania. It is expected to generate around 1,800 GWh of renewable electricity annually. The project is scheduled to begin commercial operations in 2028. The project is supported by two contracts for difference (CfDs) awarded in Romania’s second CfD auction, covering 520 MW of the project’s capacity, along with a corporate Power Purchase Agreement (PPA).
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Pacifico Energy Vietnam has secured a sea survey licence for the 1,300 MW Nam Trung Bo 3 offshore wind project in Lam Dong Province. The project is included in Vietnam’s Adjusted Power Development Plan VIII, with commercial operations targeted between 2031 and 2035. The licence permits technical and environmental studies across the approved offshore area.
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Germany’s Federal Network Agency has announced results of its September 2026 innovation and biomethane auction. The innovation auction for solar photovoltaic combined with energy storage was significantly oversubscribed, attracting 53 bids totalling 678 MW against the 475 MW offered. Of these, 32 bids totalling 480 MW were awarded, with prices ranging from 4.50-5.40 ct per kWh and a volume-weighted average of 5.14 ct per kWh.
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PAD RES Group has completed the sale of operational solar projects to Çalık Renewables in Poland. The solar projects include the Sztum and Stargard projects, located in the Pomeranian and West Pomeranian regions. The projects have a combined installed capacity of 255 MW and a combined annual generation exceeding 270,000 MWh. Furthermore, the output generated from the project is sufficient to meet the annual electricity demand of more than 90,000 households.
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