(IN BRIEF) Prosolia Energy has secured €380 million in senior debt financing to support the development and expansion of its global renewable energy pipeline, including photovoltaic, wind, and battery storage projects. The package comprises a €150 million multi-technology warehouse facility … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Spain, Technology
Tagged ABN Amro, battery energy storage, BESS, construction financing, EDP Renováveis, France, Goldman Sachs, hybrid PV carport, independent power producer, industrial self-consumption, IPP, Javier Martínez, Photovoltaic, Project Finance, Prosolia Energy, Prosolia Energy Strengthens Growth Strategy with €380 Million in Financing Across Construction and Acquisition Projects, renewable energy, Santander, SMBC, Spain, warehouse facility, wind energy
(IN BRIEF) RWE has signed two Memoranda of Understanding with ADNOC and Masdar during the German Chancellor’s state visit to the UAE, establishing a framework to explore long-term LNG supplies of up to 1 million tonnes per year for Germany … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged Abu Dhabi, ADNOC, ADNOC and Masdar Forge Long-Term Cooperation on LNG Supply and Energy Storage in Germany, battery energy storage systems, BESS, Contracts for Difference, Dogger Bank South, energy security, Essen, European Energy Transition, Germany, grid stability, liquefied natural gas, LNG Supply, London Array, Markus Krebber, Masdar, Mohamed Jameel Al Ramahi, renewable energy, RWE, RWE Expands Collaboration with UAE Energy Companies on Gas and Battery Storage Solutions, Sultan Ahmed Al Jaber, UAE
(IN BRIEF) Ørsted has agreed to sell its entire European onshore renewable energy business to Copenhagen Infrastructure Partners for EUR 1.44 billion, with expected closing in Q2 2026 subject to regulatory approval, marking the completion of its previously announced divestment … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, News, Technology
Tagged battery storage, BESS, capital proceeds, Changhua 2, CI V, CIP, Copenhagen Infrastructure Partners, Copenhagen Infrastructure V, divestment programme, energy transition, European onshore business, Germany, Green Investment, Hornsea 3, Ireland, Mads Skovgaard-Andersen, Offshore wind, onshore wind, regulatory approval, renewable energy, solar energy, Spain, Trond Westlie, United Kingdom, Ørsted, Ørsted completes landmark divestment programme with EUR 1.44 billion sale of European onshore business to CIP, Ørsted finalises three cornerstone transactions and strengthens balance sheet through sale of European onshore assets
(IN BRIEF) Iberdrola España has commissioned Spain’s first large-scale battery storage systems at Alarcón in Cuenca, integrating the Romeral and Olmedilla batteries with existing photovoltaic plants to enhance grid stability and renewable energy use. With a combined capacity of 120 … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, News, Spain, Technology
Tagged Alarcón Cuenca, battery energy storage systems, BESS, clean electricity, decarbonisation, energy transition Spain, grid stability, hybrid renewable generation, Iberdrola España, Iberdrola España Brings Strategic Battery Storage Capacity Online to Strengthen Renewable Integration, Olmedilla battery, PERTE ERHA, photovoltaic plants, renewable energy storage, Romeral battery, strategic energy projects
(IN BRIEF) DNV acted as market consultant on a USD 325 million financing package for T Power, a renewable energy platform managed by Toesca, supporting the development of one of Chile’s largest battery energy storage systems alongside a broad solar … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Management, News, Norway, Technology
Tagged Atacama Desert, Battery Energy Storage System, BCI, BESS, Biobío Region, Chile renewable energy, decarbonization, DNV, DNV Acts as Market Consultant on Financing for One of Chile’s Largest Storage Projects, DNV Strengthens Bankability of Large-Scale Chilean BESS and Solar Investment, energy storage financing, energy transition, grid stability, Natixis, net zero 2050, power price forecasting, Power Purchase Agreements, PPA analysis, renewable curtailment, revenue stacking, SMBC, solar power generation, T Power, Toesca
(IN BRIEF) Prosolia Energy has completed the acquisition of a 229 MW portfolio of five operational solar parks in Spain from EDP Renováveis, strengthening its renewable energy platform and advancing its international growth strategy. Located in Andalucía and Castilla y … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged Andalucia, battery energy storage systems, BESS, Castilla y León, decarbonization solutions, distributed generation, EDP Renováveis, European renewable markets, Huelva, independent power producer, industrial customers, IPP, Málaga, Power Purchase Agreements, PPAs, Prosolia Energy, Prosolia Energy Accelerates International Growth Through Strategic Solar Asset Purchase, Prosolia Energy Builds Toward 1 GW Milestone With Acquisition of Operational Solar Parks, renewable energy assets, solar portfolio acquisition, Spain solar parks, utility-scale solar, Valladolid
(IN BRIEF) ABB has completed its acquisition of Gamesa Electric’s power electronics business from Siemens Gamesa, expanding its renewable energy portfolio at a time of accelerating global demand for solar, wind, and storage technologies. The deal brings approximately 400 employees, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Switzerland, Technology
Tagged 46 GW installed base, ABB, ABB expands renewable power conversion portfolio with integration of Gamesa Electric’s wind, ABB Motion, acquisition, automation, battery energy storage systems, BESS, clean energy transition, Daniel Gerber, DFIG, electrification, Gamesa Electric, IEA forecast, International Energy Agency, Madrid, power electronics, renewable energy, renewable power growth, Siemens Gamesa, solar and storage technologies, solar inverters, sustainable energy, Valencia, wind converters
(IN BRIEF) METLEN has secured €65 million in financing to build two large-scale solar parks — Porto Torres in Sardegna and Casale Monferrato in Piemonte — totaling 60 MW of capacity. Scheduled for completion by the end of 2025, the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Greece, Industrial, Italy, News
Tagged accordion facilities, Alpha Bank, Aurora, Battery Energy Storage System, BESS, BonelliErede, Casale Monferrato, clean energy, CO2 reduction, energy transition, EOS Consulting, Gestore dei Servizi Energetici, green financing, GSE, Intesa Sanpaolo, Italy, KPMG, Legance, Marsh, Metlen, METLEN Strengthens Renewable Portfolio with €65 Million Financing for Two Italian Solar Parks, non-recourse senior debt, Piemonte, Porto Torres, project financing, renewable energy, Sardegna, solar parks, sustainability, UNICREDIT
(IN BRIEF) METLEN and Karatzis Group have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece, with a capacity of 330 MW / 790 MWh. The €170 million project, scheduled for completion … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Greece, Industrial, Investment, Metals and Minerals, News, Technology, United Kingdom
Tagged 330 MW, 790 MWh, Athens, Battery Energy Storage System, BESS, clean energy, decarbonization, energy infrastructure, energy resilience, energy storage, European energy market, Greece, green transition, grid stability, joint venture, Karatzis Group, London, M Renewables, Metlen, METLEN and Karatzis Group to Build One of Europe’s Largest Standalone Battery Storage Facilities, METLEN and Karatzis Partner on €170 Million Thessaly Energy Storage Project to Boost Grid Resilience, METLEN Energy Sector, METLEN Expands Energy Storage Portfolio with New Strategic Partnership in Greece, renewable energy, solar energy, sustainability, Thessaly, utility-scale storage, €170 million
(IN BRIEF) Volvo Energy has launched the PU2000 Battery Energy Storage System at its Customer Day in Gothenburg, presenting a new solution designed and built in Sweden to help customers optimize energy use, strengthen resilience, and accelerate electrification. The system … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, News, Sweden, Technology
Tagged Battery Energy Storage System, BESS, electrification, Elisabeth Larsson, energy resilience, energy transition, EV charging, Gothenburg, grid services, island mode, load shifting, peak shaving, PU2000, renewable energy, sustainability, Sweden, VEMS, Volvo Cloud Energy Management System, Volvo Energy, Volvo Energy launches PU2000 Battery Energy Storage System to accelerate energy transition, Volvo Energy unveils PU2000 Battery Energy Storage System to support electrification and resilience, Volvo Group, Volvo Group expands into energy solutions with launch of PU2000 BESS in Sweden, Volvo Site Controller
(IN BRIEF) Prime Capital AG has expanded its Prime Sustainable Infrastructure Debt Fund (PSIDEF) to €130 million after securing a new €30 million commitment from the European Investment Fund under the InvestEU programme. The Article 9 fund focuses on financing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Andreas Kalusche, Article 9 fund, battery energy storage systems, BESS, cash yield, Continental Europe, decarbonisation, EIF, ESG investing, European Investment Fund, infrastructure debt, InvestEU, Marjut Falkstedt, Nordics, partnership, Prime Capital, Prime Sustainable Infrastructure Debt Fund, PSIDEF, renewable energy, SMEs, Stefan Futschik, sustainability, Sustainable Finance
(IN BRIEF) National Grid has connected the UK’s largest battery storage system, the 300MW Thurrock Storage project developed by Statera Energy, to its transmission network at Tilbury substation in Essex. With 600MWh of capacity, the facility can power up to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged battery energy storage, BESS, clean power, Cleve Hill Solar Park, coal to clean energy, energy transition, grid stability, John Twomey, London, national grid, renewable energy, Solar, south east England, Statera Energy, sustainability, Thurrock Flexible Generation, Thurrock Storage, Tilbury substation, Tom Vernon, UK Electricity Network, Wind
(IN BRIEF) NIB and NORD/LB will provide up to EUR 64 million to finance two 91 MWp solar parks in Izabelinė and Lieponys, Lithuania, developed by Green Genius. Supported by the InvestEU programme, the projects include an 18 MW battery … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Lithuania, News, Technology
Tagged battery energy storage, BESS, clean energy transition, CO2 reduction, EBRD, energy diversification, energy transition, European Bank for Reconstruction and Development, European Green Deal, Green Genius, Ignalina municipality, InvestEU, Izabelinė, Lieponys, Lithuania, NIB, NORD/LB, Nordic Investment Bank, Photovoltaic, PV capacity, renewable energy financing, renewable energy projects, solar energy, sustainable infrastructure, Trakai district, utility-scale solar
(IN BRIEF) SGS, in collaboration with Chongqing Energy College, has launched the world’s first AI-powered, fully automated thermal runaway testing system for energy storage batteries, aiming to improve fire safety in the growing BESS market. Installed at the Chongqing Renewable … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Switzerland, Technology
Tagged AI-powered testing, ANSI/CAN/UL 9540A:2025, automated safety testing, battery energy storage systems, Battery Safety, BESS, Chongqing Energy College, Chongqing Renewable and Advanced Energy Laboratory, Computer Vision, deep learning, energy storage safety, fire safety, ISO/IEC 17025, partnership, ResNet, SGS, sustainbility, TensorFlow, thermal runaway testing, VGG, Yolo
(IN BRIEF) AFRY has teamed up with ISA Interconexión Eléctrica S.A. E.S.P.—backed by Swedfund International—to conduct a detailed assessment of the technical and economic impacts of large-scale renewable energy integration in Colombia. The study will examine grid capacity, stability and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology
Tagged AFRY, BESS, capital planning, Colombia, dynamic stability, energy transition, FACTS, grid stability, HVDC, ISA Interconexión Eléctrica, Mustafa Ibrahim, partnership, power flow, renewable energy integration, sustainability, Swedfund International, system studies, techno-economic analysis
(IN BRIEF) METLEN has signed a 15-year agreement with Copec EMOAC to deliver 450 GWh of renewable electricity annually from four solar plants in Chile, beginning in Q2 2026. The deal includes energy delivery during nighttime hours, supported by 322 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged battery energy storage systems, BESS, Chile, clean energy, Copec EMOAC, energy decarbonization, energy transition, Latin America expansion, Metlen, nighttime PPA, off-peak energy delivery, partnership, Power Purchase Agreement, renewable energy, solar energy, sustainability, sustainable procurement
(IN BRIEF) DNV will act as Owner’s Engineer on AMEA Power’s 1 GW Abydos 2 solar PV plant and 600 MWh battery storage system in Benban, Egypt. The project aims to produce 3,100 GWh of renewable power annually—sufficient for over … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 000, 000 homes, 1 GW, 1.5 million tons CO₂, 100 GWh, 3, 500, 600 MWh, Abydos 2, AFRE, AMEA Power, battery energy storage, battery safety standards, Benban Egypt, BESS, commissioning, construction supervision, desert challenges, design review, DNV, engineering resilience, feasibility studies, Grid Integration, job creation (4, knowledge transfer, partnership, quality assurance, regulatory compliance, renewable energy transition, Santiago Blanco, Solar PV, sustainability, Vision 2035
(IN BRIEF) GreenPowerMonitor (GPM), now part of DNV, has introduced important advancements in its energy management solutions aimed at supporting the transition to hybrid energy plants and improving grid stability. These updates include the Hybrid Energy Management System (HEMS) and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged 24-hour solar power, battery energy storage systems, battery prices, BESS, carbon emissions reduction, DNV, DNV energy experts, EMS, Energy Innovation, Energy Management System, energy storage, energy transition, fossil fuels, GPM, GreenPowerMonitor, grid stability, HEMS, Hybrid Energy Management System, Juan Carlos Arévalo, renewable energy, solar power, sustainability
(IN BRIEF) Lion Storage, a Dutch energy storage developer, has reached financial close on the Mufasa project, set to become one of Europe’s largest battery energy storage systems (BESS). With a storage capacity of 1,400MWh and a power capacity of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Battery Energy Storage System, BESS, Eneco, energy storage, energy transition, Lion Storage, Macquarie Capital, Mufasa, Netherlands, power grid stabilization, project financing, renewable energy, Renewable Infrastructure, Return, sustainability, sustainable energy, Tesla, TINC
(IN BRIEF) Quinbrook Infrastructure Partners has secured a $722 million AUD debt financing deal for Stages 1 and 2 of its Supernode battery energy storage system (BESS) project in Queensland, Australia. Deutsche Bank played a key role in arranging the … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged $722 million AUD debt financing, Australia, Bank of America, Battery Energy Storage System, BESS, Brian Restall, clean energy infrastructure, Commonwealth Bank of Australia, Deutsche Bank, Deutsche Bank Corporate Bank, energy capacity, energy transition, financing partners, Mitsubishi UFJ Financial Group, Mizuho Bank, MUFG, National Electricity Market, Origin Energy, partnership, Project Finance, Queensland, Quinbrook, Quinbrook Infrastructure Partners, Rachel Chia, renewable energy, Stage 1, Stage 2, Stage 3, Supernode, sustainability, sustainable financing
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