Category: News Europe

Karmsund Hydrogen and HydePoint join forces for green hydrogen project in Norway

Karmsund Hydrogen, which is owned by Norwegian Hydrogen, Sigma, and Karmsund Group, has partnered with HydePoint for the development of a green hydrogen facility in Karmsund, Norway. It will be located at Karmsund Group’s service base. The facility will offer direct access to hydrogen users in both the maritime and onshore sectors. The facility aims to reduce emissions in the local industry.

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Octopus Energy and DTEK launch RISE initiative for Ukraine

Octopus Energy Group and DTEK have launched the RISE initiative, which stands for Resilient Independent Solar Energy. The initiative will deliver rooftop solar and battery storage systems to Ukrainian businesses and public sector institutions. It aims to raise €100 million to finance 100 on-site energy projects over the next three years. The solar and battery systems will be installed directly on customer premises by D.Solutions.

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Enery and OMV Petrom join forces for 400 MW solar project in Bulgaria

Enery Development GmbH (Enery) and OMV Petrom S.A. (OMV Petrom) have formed a joint venture to build and operate the Gabare photovoltaic project. The project will have an installed capacity of 400 MW and is situated in northwest Bulgaria. The project is designed for the potential integration of a battery energy storage system of up to 600 MWh. The two companies plan to invest approximately €200 million in this venture by 2027.

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BW ESS and Ibersun join forces for 2.2 GW BESS project in Spain

BW ESS and Ibersun have formed a joint venture to develop utility-scale battery energy storage system (BESS) projects across Spain. The joint venture of the companies is targeting greenfield, four-hour duration assets. It will progress with an initial 2.2 GW pipeline of eight projects. The two companies will have equal ownership in the projects. Ready-to-Build status for the projects is expected to be achieved within two years.

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Envision Energy secures 120 MW energy storage contract in France

Envision Energy has executed an engineering, procurement, and construction (EPC) agreement. Under the agreement, the company will supply a 120 MW/240 MWh lithium iron phosphate battery energy storage project for Kallista Energy in Saleux, France. Construction of the project will commence in June 2025. Envision Energy will supply a minimum of a 14 year long-term maintenance agreement.

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ORLEN secures over PLN 1.7 billion in funding for hydrogen projects

Green H2 and Hydrogen Eagle of the ORLEN Group, have secured a total of PLN 1.7 billion in non-repayable funding. The funding has been secured under the National Recovery Plan. The funding will be utilised to produce renewable hydrogen through electrolysis powered by renewable energy sources, as well as low-emission hydrogen derived from municipal waste. Furthermore, the programme is administered by Bank Gospodarstwa Krajowego.

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Blue Elephant Energy secures €200 million to develop 1 GW clean energy projects 

Blue Elephant Energy has secured €200 million in financing from Infranity. The funds will be used for the development and construction of 1 GW of renewable energy capacity across Europe. The €200 million financing has been provided in the form of a Holdco construction facility, with an option to increase it further by €200 million. Infranity is acting as the sole lender and has directly structured the funding provided to Blue Elephant Energy.

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Eolus sells 147 MW wind power project to Latvenergo 

Eolus has sold the Pienava project to Latvia’s state-owned energy company Latvenergo. Pienava is a greenfield-developed wind power project with a total capacity of 147 MW. Construction of the project is set to begin immediately, and commercial operation is planned for the first half of 2027. The project includes 21 wind turbines with a tip height of 250 meters. It is expected to deliver up to 475 GWh of renewable electricity per year to the Baltic power grid.

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Stargate Hydrogen inaugurates electrolyser factory in Estonia

Stargate Hydrogen has inaugurated its new factory, which is dedicated to the production of alkaline electrolysis stacks and systems in Estonia. In the first phase, the factory can deliver 140 MW of alkaline electrolysers annually. This can be increased to over 1 GW with the help of minor additional investments. The project has been co-funded by the Republic of Estonia through the revenue from the emissions trading scheme.

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Enfinity Global sells stake in 380 MW BESS projects in US and Italy

Enfinity Global has sold 49 per cent stake in two battery energy storage system (BESS) projects to Daiwa Energy & Infrastructure Ltd. (DEI). The projects have a total capacity of 380 MW. Enfinity Global will retain a 51 per cent controlling stake and will complete the development, construction, and serve as the long-term asset manager for the two projects. The first project is a 250 MW BESS with a two-hour duration and 500 MWh capacity.

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bp to develop 240 MW solar project in Azerbaijan

bp, along with its partners has entered into a series of agreements in Azerbaijan. The agreements include final investment decisions (FID) for the development of the Shah Deniz Compression project, the Shafag solar, and the Sangachal terminal electrification projects. The Shafag solar project has a capacity of 240 MW. The renewable electricity generated by the solar project in Azerbaijan’s Jabrayil district will be supplied to the grid operator AzerEnerji.

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TotalEnergies acquires pipeline of solar and battery projects in UK

TotalEnergies has acquired a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW from Low Carbon. The solar projects are in the advanced stage of development and are expected to be operational by 2028. Furthermore, the solar projects will produce over 350 GWh/year of renewable electricity. The renewable electricity produced is equivalent to the electricity consumption of around 1,00,000 UK households.

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OMV plans to invest in 140 MW green hydrogen plant in Austria

OMV has inaugurated the ReOil and electrolyser facilities at the Schwechat refinery near Vienna. ReOil is a chemical recycling plant that converts hard-to-recycle plastics into virgin-quality products. The new 10 MW electrolyser facility has a production capacity of up to 1,500 tonnes of green hydrogen annually. Furthermore, OMV has also announced plans to invest in a new green hydrogen plant in Bruck an der Leitha, Lower Austria.

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Statkraft and Clydeport to explore the development of green hydrogen facility at Hunterston

Statkraft has proposed the development of a green hydrogen facility at Hunterston. Clydeport has exchanged an option agreement with Statkraft to explore the potential development of the facility at its Hunterston PARC (Port and Resource Campus) site. Furthermore, the facility is linked to the existing jetty at the site via pipeline and will allow hydrogen to be exported from the UK on vessels in the form of ammonia.

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RIC Energy and Siemens join forces for renewable hydrogen, e-fuels project in Spain

RIC Energy and Siemens have inked a memorandum of understanding (MoU) to develop projects in the field of renewable hydrogen, green ammonia, and e-fuels in Spain. The collaboration of the two companies will boost the sustainable aviation fuel (e-SAF) plant. The plant is being promoted by RIC in Cubillos del Sil (León) and is known as the Compostilla Green project. The collaboration also extends to the Besaya project in Torrelavega, an initiative by RIC Energy.

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India-EU joint call for proposals on waste-to-renewable hydrogen innovation

The Ministry of New and Renewable Energy (MNRE) of India has announced detailed guidelines for Indian participants under the European Union (EU)-India joint call for proposals on waste-to-renewable hydrogen innovation. This initiative, launched under the EU-India Trade and Technology Council working group 2, supports collaborative projects focused on converting biogenic waste into renewable hydrogen through biochemical and thermochemical pathways.

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AM Green and Port of Rotterdam Authority to build green energy supply chain between India and Northwestern Europe

AM Green and the Port of Rotterdam Authority have inked a memorandum of understanding (MoU) to develop a green energy supply chain between India and Northwestern Europe via Rotterdam. This includes supplying bunkering fuels and sustainable aviation fuels (SAF). It also includes analysing the requirements for developing terminal infrastructure in Rotterdam and along the supply chain to Northwestern Europe.

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Equinor and Polenergia reach financial close for Bałtyk 2 and Bałtyk 3 offshore wind projects

Equinor and Polenergia have reached financial close for the Bałtyk 2 and Bałtyk 3 offshore wind projects. The two companies are project joint venture partners with 50 per cent share each in the projects. Two financing packages of over €3 billion for Bałtyk 2 and over €3 billion for Bałtyk 3, including ancillary facilities, have been secured. The two projects have a total power capacity of 1440 MW. The projects are expected to reach full commercial power production in 2028.

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BW ESS secures financing for 331 MWh BESS project in UK

BW ESS has secured debt financing for the 100 MW/331 MWh Bramley battery energy storage system (BESS) asset in Bramley, Hampshire. Under this agreement, the Australian bank Westpac and UOB will contribute 50 per cent each for the debt facility. The transaction follows a competitive financing process. The BESS project benefits from a market-first seven-year tolling agreement with Shell Energy Europe. It was inaugurated in February 2025.

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Iberdrola España to supply 120 GWh renewable energy to Tubos Reunidos Group in Spain

Iberdrola España has inked a long-term power purchase agreement (PPA) with Tubos Reunidos Group. Under this agreement, Iberdrola España will supply 120 GWh of renewable energy to the production centres of Tubos Reunidos Group in Álava and Vizcaya for a period of 10 years. The total of 120 GWh of renewable energy will be supplied over the term of the contract from approximately 10 MW of Iberdrola España’s solar photovoltaic portfolio.

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