Category: News Europe

Rezolv Energy secures €561 million for 1.3 GWp solar project in Romania 

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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Germany awards 480 MW clean energy projects

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 divests 255 MW Polish solar projects

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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Arcadia and Uniper sign eSAF offtake deal 

Uniper and Arcadia eFuels have signed a binding agreement for the offtake of 40,000 tonnes of eSAF annually from Arcadia’s Project Endor in Denmark. The project, located in Vordingborg, is expected to begin supplying the fuel from the early 2030s, subject to agreed conditions and commercial operations. Arcadia’s eSAF will be produced using renewable electricity, green hydrogen and captured carbon dioxide, delivering up to 98 per cent lower lifecycle greenhouse gas emissions compared with conventional jet fuel and is also compatible with the EU ReFuelEU Aviation framework.

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ERG and Glencore sign 164 GWh wind PPA in Poland

ERG has signed a five-year power purchase agreement (PPA) with Glencore Energy Europe B.V. for electricity generated from three wind farms in Poland. The agreement will commence on January 1, 2027 and will cover 164 GWh of renewable electricity annually. The agreement includes power from the Radziejów, Słupia and Szydłowo wind farms, accounting for approximately 70 per cent of their expected output.

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Greenvolt Power begins construction on 2.4 GWh BESS in Poland

Greenvolt Group, through Greenvolt Power, has commenced construction of the Siedlce battery energy storage system (BESS) in Poland. The project has an installed capacity of 600 MW/2.4 GWh and is part of Greenvolt’s 4.6 GW probability-weighted BESS pipeline, including around 2.4 GW in Poland. Commercial operations for the project are targeted by the end of 2027.

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Taaleri Energia invests in 420 MWh BESS in Estonia

Taaleri Energia, through its SolarWind III Fund and KJK Fund III, has invested in the Raudsepa battery energy storage system (BESS) located in Estonia. The project has an installed capacity of 192 MW/420 MWh. The project construction will commence in September 2026 and will reach full operation by November 2027. Furthermore, the project, developed by Evecon and Corsica Sole, will feature LG Energy Solution batteries and Power Electronics inverters.

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Stonepeak invests in AMPYR Distributed Energy 

Stonepeak has announced an equity investment in AMPYR Distributed Energy (ADE). ADE, launched with AGP in 2024, develops, owns and operates onsite renewable energy infrastructure for commercial and industrial customers across the UK and Europe. AGP will retain an interest in ADE following the transaction. Furthermore, ADE has a pipeline of over 1 GW and has contracted 250 MW renewable energy projects across 200 sites till date.

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Covenergo and Delta Capacity partner on 300 MWh BESS in Finland

Covenergo and Delta Capacity have collaborated to deliver the standalone AKKU One battery energy storage system (BESS) project in Lapinlahti, Finland. The project has an installed capacity of 125 MW/300 MWh. The project is expected to be commissioned by the fourth quarter of 2027, with project construction under way. The project was acquired as a ready-to-build asset from Helios Nordic Energy with Covenergo holding the majority stake in the project. 

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Hy24 and COFIDES acquire stake in Onuba green hydrogen project 

Moeve has announced that Hy24 and COFIDES have acquired a combined 29 per cent stake in the Onuba green hydrogen project in Andalusia, Spain. Moeve will retain a majority 51 per cent stake in the project alongside minority partners Enagás Renovable and Alter Enersun. The project marks the first phase of the 2 GW Andalusian Green Hydrogen Valley project in Europe and will feature 300 MW of electrolysis capacity, with an option to add a further 105 MW, subject to grid capacity and board approval.

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Stargate Hydrogen secures EU grant for expansion

Stargate Hydrogen has signed a €20.6 million EU Innovation Fund grant agreement to expand its green hydrogen electrolyser manufacturing facility in Tallinn, Estonia. The facility will produce alkaline electrolyser electrodes, pressurised alkaline stacks and electrolyser systems with annual capacities of 250 MW, 150 MW and 66 MW, respectively. The facility is expected to avoid around 3 million tonnes of carbon emissions over its first 10 years of operation.

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Econergy acquires Escofi for €134.3 million 

Econergy has acquired Escofi, a French wind energy platform for €134.3 million. The platform has a portfolio of 740 MW, including 128 MW operational, 34 MW under construction, 147 MW in advanced development and 432 MW in early and mid-stage development, with the projects concentrated in France’s Hauts-de-France and Grand Est regions. Escofi has an effective project ownership of approximately 91 per cent.

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Georgia Power secures approval for 1,137 MW solar PPAs 

Georgia Power has received approval from the Georgia Public Service Commission (PSC)  for 1,137 MW of new solar power purchase agreements (PPAs) under the Clean and Renewable Energy Subscription (CARES) 2023 and CARES 2025 request for proposals (RFP) programmes. The CARES programme enables eligible customers to purchase subscriptions linked to their pro-rata share of renewable energy production.

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Vattenfall takes FID on 1,000 MWh BESS project in Germany

Vattenfall has taken the final investment decision (FID) to build a standalone battery energy storage system (BESS) project at the former Brunsbüttel nuclear power plant site in Germany. The project will have an installed capacity of 254 MW/1,000 MWh and will be connected to the 50Hertz 380 kV transmission grid. The project, expected to be operational by the end of 2028, will nearly double Vattenfall’s BESS capacity.

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Skyborn reaches financial close on 976.5 MW Gennaker offshore wind farm 

Skyborn Renewables has achieved financial close for the Gennaker offshore wind farm located in Germany’s Baltic Sea. The project has an installed capacity of up to 976.5 MW. The project has secured a €2.1 billion non-recourse financing package from a consortium of 16 commercial lenders and the European Investment Bank, with the total investment exceeding €3 billion. The project is targeted for commercial operations by the end of 2028.

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Alcazar Energy achieves financial close for Štip wind farm in North Macedonia 

Alcazar Energy Partners (AEP) has achieved financial close for the 131.25 MW Štip wind farm in North Macedonia, securing approximately €115 million in senior debt financing from the European Bank for Reconstruction and Development, International Finance Corporation, and Erste Group Bank AG, as well as a separate local VAT facility by Sparkasse Bank AD Skopje.

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Valencia grants €76 million to BP for hydrogen and sustainable fuel projects 

The Valencian government has granted €76 million under its FEDER programme to support two BP renewable energy initiatives in Castellón. The energy initiatives will span from 2026 to 2029. Out of this funding, €66.3 million will be allocated to Castellón Green Hydrogen phase 2 S.L. for a new renewable hydrogen demonstration facility. Furthermore, the remaining €9.7 million will be used by BP Energy Spain to advance pre-treatment technologies used in sustainable biofuels.

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Qualitas Energy to acquire Cero Generation’s 5.8 GW European clean energy platform

Qualitas Energy has signed an agreement to acquire Cero Generation’s European platform from Macquarie Group. Cero Generation, established by Macquarie in 2021, is an independent power producer focused on solar photovoltaic and battery energy storage system (BESS) projects. Cero Generation will continue operating under its existing brand as an independent Qualitas Energy portfolio company.

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BW ESS acquires 675 MWh BESS projects in Spain

BW ESS has acquired two standalone battery energy storage system (BESS) projects from Navacant in Spain. The projects, located in the Valencia region, have storage capacities of 99 MW and 27 MW, respectively. Together, the projects have a combined capacity of 126 MW/up to 675 MWh. Furthermore, the projects are expected to reach ready-to-build status in 2027 with commercial operations targeted for 2028.

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ABO Energy signs agreement for 600 MW green hydrogen project in Finland

ABO Energy and the City of Oulu have signed a cooperation agreement to advance a large-scale green hydrogen project in northern Finland. The project, to be developed over 41 hectares, would reportedly have 600 MW of expandable electrolyser capacity across two to three development phases. The project, located in the Pyyryväinen green transition zone, follows a site reservation secured in 2025.

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