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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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 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 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 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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OMV Petrom has completed the delivery of all seven modules for its 35 MW green hydrogen electrolyser at the Petrobrazi refinery in Romania. The project, supplied by Neuman & Esser, consists of seven 5 MW electrolysis modules and is currently being integrated into the refinery infrastructure. Together with the earlier announced 20 MW electrolyser, Petrobrazi’s total green hydrogen production capacity will reach 55 MW.
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Return and Vattenfall have signed a long-term agreement for the 200 MW/800 MWh Sirius battery energy storage system (BESS) project located in Winschoten, Groningen, Netherlands. The project is being delivered by Huawei, Hanab and Omexom, covering battery technology, construction and installation. Under the agreement, Vattenfall will secure access to the project’s charging, storage and power delivery capacity in exchange for a fixed fee.
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Amazon has signed four power purchase agreements (PPAs) for wind projects in Sweden. The agreements are expected to add approximately 200 MW of new carbon-free energy capacity. The projects include the Fageråsen, Boarp, Dållebo and Fågelås wind projects, which are being developed by OX2 and Eolus. Furthermore, the Fageråsen project will have a capacity of 132 MW, while the Boarp, Dållebo and Fågelås projects have capacities of 17.5 MW, 18 MW and 31.5 MW, respectively.
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Ballard Power Systems has completed the acquisition of UK-based GeoPura. GeoPura, founded in 2019, designs, manufactures and operates hydrogen power units (HPUs) for off-grid power applications. The HPUs use Ballard fuel cell modules to convert hydrogen into clean electricity. Furthermore, the transaction involves upfront consideration of £275 million, including £82.5 million in cash and newly issued Ballard common shares.
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Nobian and Air Products have entered into a long-term agreement for the offtake of RFNBO-compliant, certified hydrogen produced at Nobian’s facility in Rotterdam, the Netherlands. The hydrogen is generated through a renewable energy-powered chlor-alkali electrolysis plant, which has a production capacity of more than 14,000 tonnes per year. By supplying certified RFNBO hydrogen through existing infrastructure, Air Products will help customers meet the Netherlands’ RED III requirements while strengthening Rotterdam’s position as a hydrogen hub.
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Greenvolt Group has secured a financing package from UniCredit comprising €153 million in bridge facilities and a €65 million guarantee facility to support the development of the Ełk and Turośń battery energy storage system (BESS) projects in Poland. The projects, developed by Greenvolt Power, have a combined capacity of 400 MW/1.6 GWh, with each project comprising 200 MW/800 MWh of storage capacity.
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TotalEnergies Gas & Power Limited has signed a long-term power purchase agreement (PPA) with Offshore Partners Walney (OPW) for electricity generated by the Walney I and II offshore wind farms located in UK. The projects, located in the Irish Sea and operated by Ørsted, have a cumulative installed capacity of 367 MW. Furthermore, OPW owns a 24.8 per cent stake in the project. Under the agreement, TotalEnergies will purchase renewable energy guarantees of origin (REGO)-backed electricity from OPW’s share of the project’s generation.
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Low Carbon has secured development consent for the Beacon Fen energy park located in Lincolnshire, UK. The project will have 400 MW of solar capacity and 600 MW of co-located battery energy storage system (BESS). The project will generate enough clean electricity annually to power around 130,000 UK homes. The project is expected to offset approximately 72,000 tonnes of carbon emissions annually.
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Capital Dynamics has acquired a ready-to-build battery energy storage system (BESS) project located in Knockanure, County Kerry, Ireland. The project has secured 170 MW of grid connection capacity. The project will connect to the neighbouring 110 kV Knockanure substation. Capital Dynamics acquired the project from a group of private shareholders. Furthermore, the project will have four-hours storage capacity and has been classified as a long-duration energy storage solution by EirGrid.
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Tyczka Hydrogen has acquired a hydrogen production, filling and refuelling facility located in Hünfeld-Michelsrombach, Germany. ABO Energy developed, constructed and operated the facility before the acquisition. The facility combines a 5 MW proton exchange membrane electrolyser, trailer filling station and a 350-bar hydrogen refuelling station. The project will add 400-600 tonnes of renewable fuels of non-biological origin (RFNBO)-certified green hydrogen production capacity annually to Tyczka Hydrogen’s portfolio.
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Econergy has signed financing agreements of approximately €229 million for its Părău 2 hybrid project in Romania. The project combines a 342 MWp solar plant with a 150 MW co-located battery energy storage system (BESS). The project is currently under construction and is expected to commence operations in late 2027 or early 2028. Financing close of the project is expected to be completed by November 2026.
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Sungrow has partnered with GOLDBECK SoLAR on a utility-scale solar project in Poland, alongside an agreement for a battery energy storage system (BESS) pipeline. The solar framework spans Dobrowo, Kikowo and Sidlowo, Poland. The solar project has an installed capacity of 722 MWp while the BESS pipeline is of 1 GWh capacity. Sungrow will supply 1+X utility inverters and medium-voltage solutions for the project.
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ContourGlobal has signed a 3 GWh battery energy storage system (BESS) supply agreement with CATL. The agreement spans across projects located in the UK, Greece and Chile. The deal covers 526 containers of 5.64 MWh each, all configured for four-hour discharge. The systems will use CATL’s liquid-cooled, containerized BESS technology based on large-format lithium iron phosphate cells.
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Sumitomo Corporation has acquired a 33.3 per cent equity interest in the Gwynt Glas offshore wind project located in the Celtic Sea, UK. The company has partnered with EDF power solutions UK and Ireland and ESB for the project. The project involves the development, construction and operation of a floating offshore wind farm with a planned capacity of up to 1.5 GW.
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The European Commission has approved a €780 million state aid scheme to support up to 400 MW of green hydrogen production capacity in the Netherlands. The funding will be awarded through a competitive bidding process by early 2027, with selected projects receiving 10-year variable per-kilogramme subsidies. The scheme will also provide direct grants covering up to 80 percent of eligible investment costs for selected green hydrogen projects.
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