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.
Read More
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.
Read More
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.
Read More
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.
Read More
Zelestra and EDP have signed a power purchase agreement (PPA) to hybridise an operational solar plant with battery storage. As per the agreement, Zelestra will add a 160 MWh BESS to the 50 MW Pizarroso solar plant in Cáceres. The solar plant has been operational since 2023. EDP, the current offtaker for the solar plant, will use the battery storage to improve energy management and enhance system flexibility.
Read More
European Energy has divested Jonava hybrid renewable project in Lithuania to Energix. The project has a planned capacity of about 470 MW, combining 140 MW of onshore wind, 330 MWp of solar PV, and 320 MWh of energy storage. The project is scheduled to begin construction soon and is expected to commence commercial operations by 2027.
Read More
The European Commission (EC) has approved a €6 billion Italian scheme to support renewable hydrogen production for transport and industry. The hydrogen can be produced both from renewable electricity through electrolysis and from biogenic sources through biological, bio-thermochemical or thermochemical processes. The aid will be provided through two-way contracts for difference.
Read More
Etem Gestamp and Rezolv Energy have entered into a 10-year cross border virtual power purchase agreement (VPPA) in Bulgaria. Under this arrangement, Etem Gestamp will procure electricity from Rezolv Energy’s 461 MW VIFOR wind farm, located in Buzău County, Romania, which is nearing commissioning. The agreement represents Rezolv Energy’s seventh PPA across Romania and Bulgaria.
Read More
Axpo and McDonald’s have entered into a ten-year power purchase agreement (PPA) for the supply of up to 83 GWh of solar energy annually. The electricity will be sourced from Axpo’s newly developed solar complex located in the municipalities of Villadangos del Páramo and Cimanes del Tejar, in the northwestern province of León. It is a 200 MWp facility consisting of four photovoltaic plants, each with a capacity of 50 MWp.
Read More
WBS Power S.A. is developing a hyperscale data centre campus with a planned capacity of 3.2 GW in Lublewo, located in the Choczewo municipality in Poland’s Pomerania region. The project, named Baltic Data Center Campus, has secured grid connection conditions for the entire capacity. The campus is planned to be executed in four phases, each with a capacity of 800 MW.
Read More
Zelestra has commissioned three solar plants, Belinchón I, II and III, in Castilla-La Mancha, Spain, with a combined capacity of 162 MW. The projects are located in Cuenca and were completed within 14 months by the company’s EPC team. Additionally, the operational plants are expected to avoid more than 42,700 tonnes of carbon emissions annually. A total of 275,000 solar modules have been installed across the three plants.
Read More
GOLDBECK SOLAR Polska has signed a contract to develop the Sidłowo-Kikowo-Dobrowo solar plants in Poland, with a total installed capacity of 722 MWp. The projects will be located in the Pomeranian Voivodeship and will be connected to the state grid. The project comprises three solar plants, including Sidłowo with 290 MWp, Kikowo with 235 MWp, and Dobrowo with 197 MWp.
Read More
The European Investment Bank (EIB), Natixis Corporate & Investment Banking (Natixis CIB), and Sunprime Holdings S.r.l. have finalised a project finance agreement of up to €507 million to support Project Sophocles in Italy. The project involves the development and operation of nearly 200 solar plants with a combined capacity of 290 MWp, along with 350 MW of battery energy storage systems (BESS).
Read More
Cloudberry Clean Energy ASA has signed a share purchase agreement (SPA) with Sampi Renewables Holding AS to acquire a 50 per cent stake in the 132 MW MLK onshore wind farm in Finland. The project has been operational since 2022 and generates approximately 378 GWh annually, with 189 GWh attributable to Cloudberry. The transaction is structured through the acquisition of a Norwegian holding company that owns half of the wind farm.
Read More
Qair has obtained planning consent from the Highland Council for the onshore infrastructure associated with the Ayre offshore wind farm in UK. The project is located to the east of Orkney and is proposed as a 1,000 MW floating offshore wind development. It will deploy floating turbine technology to utilise wind in deeper waters. Subject to securing the remaining approvals, construction is anticipated to commence around 2030.
Read More
Grenergy has secured capacity contracts for four battery energy storage system (BESS) projects in UK with a combined capacity of 190 MW/760 MWh. The contracts were awarded in the latest auction conducted by NESO, the country’s energy system operator, and will remain in effect for 15 years. The projects include two hybrid projects and two standalone BESS projects, namely Scalm Park, Spring Lane, Buxton Road, and Fibden Farm.
Read More
Trafigura has announced that its wholly owned subsidiary, MorGen Energy, has taken the final investment decision (FID) to begin construction of a 20 MW green hydrogen production facility in Milford Haven, Wales. Construction is scheduled to begin in 2026, with commissioning expected by early 2028. It is expected to produce approximately 2,000 tonnes of low-carbon hydrogen annually.
Read More
The European Commission (EC) has approved a €150 million Romanian state aid scheme to support electricity storage deployment, in line with the Clean Industrial Deal. The scheme will support the installation of at least 2,174 MWh of new electricity storage capacity in Romania. Additionally, the support will be provided as investment aid in the form of direct grants for the development of new standalone battery energy storage systems (BESS).
Read More
RGREEN INVEST, through its INFRAGREEN equity funds, and Renalfa Solarpro Group have entered into an agreement to establish a joint venture (JV) named Renalfa Power Clusters (RPC). The partners have jointly committed €200 million in equity to the JV. The JV company will finance the development and construction of a renewable energy portfolio valued at approximately €800 million.
Read More
TotalEnergies has signed an agreement with Allianz Global Investors to sell a 50 per cent stake in a portfolio of 11 battery energy storage system (BESS) projects currently under construction in Germany. The portfolio has a total capacity of 789 MW/1,628 MWh, and represents a combined investment of approximately €500 million. The completion of the transaction remains subject to customary regulatory approvals and closing conditions.
Read More