Qualitas Energy has signed an agreement with ACL Energy to finance the construction of a 211 MW battery energy storage (BESS) portfolio in Italy. The portfolio consists of two BESS projects located in Lombardy and Apulia, featuring 4-hour and 8-hour storage systems. Both projects have secured long-term revenue streams through 15-year contracts awarded under Italy’s Capacity Market and MACSE storage auctions.
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Trafigura has signed a 10-year hybrid power purchase agreement (PPA) withNadara for 434 MW of renewable energy capacity in Spain. The agreement covers power generation from five solar PV farms and six wind farms. The PPA includes output from Nadara’s hybrid sites at Esquileo, Dehesilla I & II, San Lorenzo C & D, along with the operational La Dehesica wind farm.
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Power2X has announced the final investment decision (FID) for the Djewels green hydrogen project. The 20 MW project is located in Delfzijl, Groningen in the Netherlands. The project will be developed at the Chemical Park Delfzijl and is connected directly to Nobian’s industrial infrastructure. The project will now enter the construction phase with first production expected in mid-2028.
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The 30 MW Barrow Green Hydrogen project in Barrow-in-Furness, Cumbria, has reached final investment decision (FID). The project is being delivered by Green Hydrogen Energy Company, a joint venture of Schroders Greencoat and Carlton Power. The will supply c100 GWh of green hydrogen annually to Kimberly-Clark’s manufacturing facility in Cumbria. Furthermore, Plug Power will provide 30 MW of GenEco proton exchange membrane (PEM) electrolysers for the project.
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Norway-based Gen2 Energy has secured a 150 MW grid capacity reservation for its green hydrogen project at Monstad in Åfjord municipality. This will strengthen the project’s power connectivity framework. The project will produce up to 60 tonnes of liquefied green hydrogen per day. The reservation pertains to the existing transmission network and ensures access to the required grid capacity for the proposed facility.
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Iberdrola has commissioned the 195 MW Tâmega Norte wind farm in Portugal. Located between Braga and Vila Real, in the municipalities of Cabeceiras de Basto and Montalegre, theTâmega Norte wind farm is an onshore wind project consisting of 27 Vestas wind turbines, each with a capacity of 7.2 MW and a rotor height of 172 metres. Furthermore, the project is the first of two wind farms that form part of the grid-connected wind-hydro hybrid project, Tâmega Complex.
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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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