Energy storage

SUNOTEC has secured financing for seven renewable energy projects in Bulgaria.

DNV has acted as a market consultant to support Grenergy’s US$270 million financing for the Elena hybrid power plant.

Iberdrola has strengthened its presence in Australia with the purchase of the Tungkillo battery storage project.

Copenhagen Infrastructure Partners has divested a 50% ownership stake in Coalburn 2, a project set to become one of Europe’s largest battery storage facilities.

R.Power has been awarded 20-year support for hybrid photovoltaic and BESS projects with a total installed capacity of 115.5 MW.

Levanta Renewables has secured a 166 MWp solar power project in the Philippines.

FRV has increased its BESS portfolio with the financial close of its 100 MW/200 MWh SIMO project.

Enfinity Global has closed its equity and development partnership for 486 MW battery storage project in Italy.

METLEN and Karatzis Group have signed a strategic agreement for the largest standalone energy storage unit in Greece.

ACEnergy has been awarded two major Victorian battery projects under the Australian Government’s Capacity Investment Scheme.

EDF has partnered with Terra Firma Energy to optimise its flexible generation portfolio.

Ardian has signed an agreement with I Squared Capital to acquire 100% of Energia Group, a leading energy utility in Ireland.

GlobalData has forecast that German renewable power capacity will reach 509.9 GW in 2035.

The Greenvolt Group is among the winners of Italy’s largest battery storage auction, securing 499 MWh.

GlobalData has forecast that renewable power generation in Switzerland will reach 31.4 TWh in 2035.