The Federal Network Agency of Germany has announced the results of its March 1, 2026 solar PV auction which was oversubscribed. The tender covered 2,295 MW of ground-mounted and special-structure solar projects. A total of 532 bids of 4,622 MW capacity were submitted, while 268 bids totaling 2,299 MW secured awards. Additionally, 39 bids were excluded from the auction process.
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Rezolv Energy has commissioned the 225 MW St. George solar park in Silistra, Bulgaria. The project represents an investment of $300 million. The project incorporates 400,000 solar panels along with a 90 MW/240 MWh battery energy storage system supported by the EU’s Next GenerationEU programme. Furthermore, the project is expected to generate around 313 GWh of electricity annually for at least 30 years.
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MorGen Energy, a subsidiary of Trafigura, has secured a conditional grant of up to €422.75 million under the European Hydrogen Bank auction funded by the EU Innovation Fund. The grant supports the future operations of the Njordkraft green hydrogen project which is located in Esbjerg, Denmark. The project is expected to produce around 45,500 tonnes of renewable hydrogen annually for sectors including steel, refining and energy-intensive manufacturing.
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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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GOLDBECK SOLAR is developing the 268 MWp Schafhöfen Solar park in Bavaria, Germany for Blue Elephant Energy GmbH. The project company is BEE Solarpark Schafhöfen GmbH & Co. KG, while GOLDBECK SOLAR will deliver the project under a turnkey EPC contract. Construction for the project is scheduled to commence from May 21, 2026, while commercial operations are targeted for September 2027.
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Axpo and R.Power have signed an agreement for the optimisation of a 300 MW/1,200 MWh battery energy storage system (BESS) in Dzięgielewo, Poland. The agreement will cover the full scope of optimisation services for the project from the start of commercial operations through the end of 2038. The agreement will commence from the start of commercial operations and remain in effect through the end of 2038.
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BNZ has signed agreements to supply 1,600 GWh of renewable energy to major steel and iron companies in Italy. The clean power supplied under the agreement will be equivalent to the annual electricity consumption of around 600,000 homes and is also expected to offset 528,000 tonnes of carbon emissions. The agreements were signed under Italy’s “Energy Release 2.0” scheme managed by Gestore dei Servizi Energetici.
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RWE has signed a 15-year power purchase agreement (PPA) with Breedon Group in Great Britain. Under the agreement, RWE will provide around 70 GWh of renewable power annually to Breedon’s operations. The power will initially be supplied from the Gwynt y Môr Offshore Wind Farm located in the Irish Sea. From 2033 onwards, the power will be supplied from the Brechfa Forest West Wind Farm located in Wales.
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Lhyfe has partnered with BMW Group to supply green hydrogen to BMW’s Steyr facility in Austria. BMW’s third-generation hydrogen propulsion system for the future BMW X5 will be produced in Steyr from 2028. The green hydrogen will support series development, industrialisation, testing, and validation activities at the site.
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IFM Investors will acquire the remaining 50 per cent stake in Nala Renewables from Trafigura Renewables. Nala Renewables, a renewable-energy platform located in London, operates a multi-technology portfolio with over 2 GW capacity across solar, wind, and storage. The platform also targets 10 GW of global capacity in operation, construction, or late-stage development by 2030.
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Hydro Energi AS and Statkraft have signed long-term power purchase agreements (PPAs) for 0.9 TWh of annual electricity generation from 2029-30 and 1.3 TWh annually from 2031-38. The agreements secure a total of 12.3 TWh over 10 years for Hydro Energi’s aluminium plants in Norway. Of this, 8.8 TWh will be supplied in NO2 and 3.5 TWh in NO3 price areas.
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European Energy has signed a long-term power purchase agreement (PPA) with Mars for the Skuodas wind farm project in Lithuania. The project will have an installed capacity of 161 MW and is expected to generate around 490 GWh annually. Commercial operations for the project are targeted by 2028. Additionally, the project will help offset roughly 120,000 tonnes of carbon emissions annually.
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Matrix Renewables has secured £245 million in non-recourse financing for a 500 MW/1,000 MWh battery energy storage system (BESS) project located in Eccles-Leitholm, Scotland. The project, being developed in partnership with EDF, commenced construction in November 2025. Commercial operations are expected to commence in the third quarter of 2027.
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The European Investment Bank (EIB) has approved €10 billion in financing, including €2 billion for clean energy initiatives in Europe. The funding will support offshore wind in Germany, solar projects in Italy, and renewable adoption by businesses in Austria. It also includes investments in energy efficiency for heating systems in Latvia and grid upgrades in the Netherlands.
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Masdar and Elektroprivreda Crne Gore (EPCG) have formed a 50/50 joint venture (JV) in Montenegro. The JV, headquartered in Nikšić, will deploy solar, wind, hydropower, pumped storage, BESS, and hybrid energy solutions. It aims to meet domestic energy demand while enabling renewable power exports across the Western Balkans and Southern Europe.
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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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Qualitas Energy has secured 126 MW across three wind projects in February 2026 onshore wind auctions conducted by the German Federal Network Agency. The projects, located in Lower Saxony, North Rhine-Westphalia, and Baden-Württemberg, involve the development of 18 turbines. The projects will power around 84,000 households once they commence operations.
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Nel Hydrogen US has received a $7 million purchase order from Mesure Process to supply containerised PEM electrolyser equipment for European hydrogen projects. The units will produce 100 per cent renewable hydrogen to support both high-demand hydrogen refueling stations for mobility and industrial export applications. The project, managed by Synqo Energies as the EPC supplier, is expected to commence operation in 2027.
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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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clearvise AG has signed power purchase agreements (PPAs) for five wind and solar projects across Germany and Ireland. The agreements cover four German solar parks: Klettwitz Nord (90 MW), Alsweiler (10 MW), Lohne (8.6 MW), Triticum (16.8 MW) and the 35 MW Glenough wind farm in Ireland. The PPAs are of 9-12 months and are expected to generate over €0.7 million in additional earnings compared to previous budget projections.
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