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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ITM Power has secured £40 million in funding from Great British Energy and £46.5 million from the UK government to scale its green hydrogen operations. This investment will establish a new 1 GW automated manufacturing line in the UK dedicated to the next-generation Chronos electrolyser stack.
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Qualitas Energy has acquired a portfolio of nine operational solar plants in Poland with a total capacity of 376 MWp. The portfolio generates over 400 GWh annually, supplying electricity to approximately 210,000 households. The assets were purchased from a joint venture between Better Energy Holding A/S and Industriens Pension. The projects were developed and built by Better Energy and became operational between 2021 and 2024.
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The European Investment Bank (EIB) and Societe Generale have entered into a €153 million financing agreement to fund the 137 MW Sand Solar project in Sicily, Italy. The facility being developed by Peridot Solar is expected to generate 256 GWh of renewable electricity annually, sufficient to power approximately 100,000 households.
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ENGIE has acquired two battery energy storage system (BESS) projects in Andalusia totaling 278 MW/1.1 GWh. These facilities located in Álora (78 MW/312 MWh) and Tarifa (200 MW/800 MWh) provide four hours of storage and utilise synchronous condensers to stabilise the grid through inertia and reactive power management. Construction on the projects is scheduled to commence in 2027, with the projects expected to be commissioned in 2028.
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PPC Group has completed construction of solar plants having a combined capacity of 2.13 GW in Amyntaio and Ptolemaida in Northern Greece. These plants can generate 3150 GWh of electricity annually, which corresponds to 6 per cent of the country’s annual electricity consumption, catering to approximately 750,000 households. Additionally, the plants will avoid more than 1.5 million tonnes of carbon emissions annually.
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