Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has reached final investment decision (FID) and financial close on La Esperanza hybrid project located in Campeche, Mexico. The project comprises a 420 MWdc solar project with a 150 MW/750 MWh five-hour duration battery energy storage system. Project construction is currently underway, with commercial operations expected to commence in 2028.
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Protium has received planning permission from the Highland Council for the 15 MW Cromarty Green Hydrogen Production Facility (CGHPF). The project is located in Alness, Scotland.The project represents the first phase of the Highland Hydrogen Hub. Furthermore, Protium acquired the Cromarty project in May 2026. The project is the only hydrogen project in Scotland to secure support under the UK Government’s Hydrogen Allocation Round 1 through a contract for difference (CfD).
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Utilitas Wind has commenced construction of the 117 MW Lode hybrid renewable energy park located in Valmiera municipality, Latvia. The project comprises 18 Vestas wind turbines of 6.5 MW each, delivering a total installed wind capacity of 117 MW. The project will also include a 60 MW/240 MWh battery energy storage system (BESS). The wind farm is expected to generate around 330 GWh of electricity annually.
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The European Commission has approved a €59 million state aid scheme in Slovenia. The funding aims to support the installation of at least 370 MWh of new stand-alone battery energy storage capacity (BESS) across. The scheme was approved under the Clean Industrial Deal State Aid Framework (CISAF) which was adopted by the European Commission on 25 June 2025.
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The Clean Energy Finance Corporation (CEFC) has committed $100 million to support Australia’s mid-scale clean energy transition. The investment will be deployed in partnership with Infradebt under the Distribution Connected Accelerator Program (DCAP). The program aims to finance the development of up to 16 hybrid solar, battery energy storage, and battery retrofit projects.
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Heelstone Renewable Energy, a Qualitas Energy company, has acquired the Cypress Pointe solar project from Azimuth Renewables. The project features a 188 MWp utility-scale solar photovoltaic (PV) project. The project is located in Sabine County, Texas, within the Southwest Power Pool (SPP) market. Furthermore, Azimuth Renewables has built the project through its early and mid-stage phases.
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ITOCHU Corporation has partnered with Kanadevia Inova and Nareva for an integrated waste-to-energy (WtE) project in Casablanca, Morocco. The consortium has signed a 33.5-year concession agreement with the Casablanca Municipality, along with power purchase agreements with Morocco’s National Office of Electricity and Drinking Water (ONEE) and SRM Casablanca-Settat. Furthermore, the project will process 1.5 million tonnes of municipal solid waste annually.
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ContourGlobal has commenced construction of the Los Maitenes hybrid renewable energy project in Chile. The project will combine 131 MWp of solar photovoltaic (PV) capacity along with a 90 MW/360 MWh battery energy storage system (BESS). Furthermore, the project is expected to generate around 220 GWh of clean electricity annually. Project completion is expected by the end of 2027.
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PPC Group has signed an agreement to acquire a wind and solar portfolio from EDP Renewables Polska in Poland. The acquisition includes 130.5 MW of operating wind farms, 44.9 MW of operating solar parks and 101.9 MW of cable-pooling solar projects under development, totalling 277.3 MW of acquired capacity. The projects feature an estimated 35-year operating life.
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TotalEnergies has announced the signing of two renewable energy transactions in Europe. Under the first transaction, the company will acquire Shell’s entire onshore renewables business in Europe, including 500 MW of operating and under-construction solar and wind assets and a 3.5 GW development pipeline across Italy, the UK and Spain.
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RWE has signed a 15-year power purchase agreement (PPA) with Google. The agreement covers the entire output of RWE’s 155 MWac Crooked Creek solar project located in McCurtain county, Oklahoma. Project construction is expected to commence later in 2026, with commercial operations expected in 2028.
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Sonnedix has secured €730 million in financing for renewable energy projects across France, Italy, Portugal and Spain. The financing will be used for the refinancing, optimisation and construction of the projects across the four countries. The financing covers around 540 MW of solar capacity and two battery energy storage system (BESS) projects.
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Drax Group has completed the £548 million acquisition of Bluefield Solar Income Fund Limited (BSIF) in the UK. The transaction adds 900 MW of operating and under-construction solar and wind assets, along with a 2.9 GW gross development pipeline expected to be built over the next decade. Moreover, combined with Drax’s battery energy storage system and other renewable assets, the company’s renewable generation portfolio now exceeds 3 GW of capacity.
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The Emerging Africa & Asia Infrastructure Fund (EAAIF) has signed a senior secured debt facility of up to $50 million with Ukko Renewable in Southeast Asia. The financing will support the development of an initial renewable energy pipeline exceeding 2 GW, forming part of a broader 3 GW-plus portfolio of wind, solar and hydropower projects across Vietnam, the Philippines and other Southeast Asian markets.
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Nadara has closed approximately €1.2 billion of refinancing for the pan-European platform. The financing covers the operational wind and solar photovoltaic portfolio with a combined installed capacity of 1.5 GW. The refinanced portfolio comprises 34 onshore wind farms and 13 solar PV plants and spans across Italy, the UK, France, Spain, Sweden, Norway and Finland.
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Brookfield has launched Lumara, a new renewable energy platform focused on accelerating the development and construction of renewable energy projects. The platform aims to address key market bottlenecks, including delays in power purchase agreement contracting, slow grid connection queues, and prolonged land acquisition timelines. Lumara will deploy approximately $600 million, anchored by an initial portfolio of more than 6 GW across solar, wind, and battery energy storage system projects.
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Rosatom’s Novolakskaya Wind Farm situated in the Republic of Dagestan, Russia has started supplying electricity to the unified power grid following the commissioning of its second phase. The Novolakskaya wind farm is Rosatom’s tenth operational wind farm. The new phase comprises 59 wind turbines with a total installed capacity of 147.5 MW. With the completion of the second stage, the wind farm’s total installed capacity has reached 300 MW.
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Eolian has commenced construction of the Flint Grid Project located in Licking County, Ohio. The project includes a 200 MW grid-scale battery energy storage system (BESS). The project is also located adjacent to the New Albany data centre and industrial load, and will provide more than five hours of energy storage. Furthermore, the project has qualified for the PJM capacity market and the 2027/28 PJM Residual Capacity Auction.
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RWE has commenced construction of a battery energy storage system (BESS) project at the Hambach opencast mine near Niederzier in Germany. The project has an installed capacity of 236 MW/470 MWh. Preparatory work for the project commenced at the end of 2025. The first of 128 lithium-ion battery containers for the project has already been delivered to the project site.
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The Government of Indonesia has unveiled plans to develop a 194 km Green Hydrogen Corridor linking Jakarta, Karawang and Patimban as part of its strategy to accelerate the transition to a low-carbon economy and strengthen national energy security. The initiative was announced during the 2026 Global Hydrogen Ecosystem Summit (GHES) and is designed to establish an integrated hydrogen supply chain connecting green hydrogen production plants, hydrogen refuelling stations, industrial zones, logistics hubs, ports and end users.
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