Market News

Hamburg-headquartered Milvio Energy has completed the divestment of a hybrid renewable energy project in Lower Saxony, comprising 80.4 MW of solar PV and a 70.2 MW battery energy storage system (BESS). The transaction was structured as a forward sale, with the asset still under development and expected to reach ready-to-build (RTB) status in Q2 2026.

Hamburg-headquartered Milvio Energy has completed the divestment of a hybrid renewable energy project in Lower Saxony, comprising 80.4 MW of solar PV and a 70.2 MW battery energy storage system (BESS). The transaction was structured as a forward sale, with the asset still under development and expected to reach ready-to-build (RTB) status in Q2 2026.

Aer Soléir has completed financing for its 250MW four-hour Rondissone battery energy storage project in Piedmont, Italy.

Cubico Sustainable Investments has successfully completed the refinancing of a 75 MW operational wind and solar portfolio in Uruguay, reinforcing its long-term commitment to one of Latin America’s most stable renewable energy markets.

Levanta Renewables has expanded its renewable energy footprint in Southeast Asia through the acquisition of a 93-MWp portfolio of ground-mounted solar assets in Thailand, reinforcing the country’s role as a core market within the company’s regional strategy.

The European Bank for Reconstruction and Development (EBRD) is evaluating a potential loan to support the development of a 200-MW solar power plant combined with battery energy storage (BESS) in Egypt, reinforcing the country’s push toward large-scale, flexible renewable energy infrastructure.

Elements Green has acquired the Bolney Green Energy Hub site in West Sussex from Envirotech Energy Solutions after signing a share purchase agreement.

Zelestra has secured project financing for a 16 MW portfolio of solar PV assets in Italy, marking another step forward in the company’s European expansion strategy.

Global solar technology provider Nextpower has joined forces with Abunayyan Holding to establish a new joint venture aimed at strengthening Saudi Arabia’s solar supply chain. The partnership, operating under the name Nextpower Arabia, will develop a large-scale solar tracker manufacturing facility with an annual capacity of 12 GW.

Croatia’s solar capacity is on course to exceed its wind energy capacity for the first time in early 2026. With utility-scale projects facing regulatory deadlock and the end of net-metering for the residential market, growth is being led by commercial and industrial customers.

France’s fourth PV tender for non-interconnected areas allocated 40 MW across Corsica, Réunion, and French Guiana. The weighted average tariff fell to €92.04 ($107.59)/MWh, while overall subscription remained well below the 99 MW available.

Gamuda Australia has been appointed to lead the Early Contractor Involvement (ECI) phase of Yanara’s flagship 450MW solar-plus-storage project in Victoria, marking a key milestone for one of Australia’s largest hybrid renewable developments.

Adani Green Energy has taken another step in expanding its hybrid renewable portfolio by signing a 20.8 MW captive hybrid power agreement at the Khavda renewable energy hub in India’s Gujarat state.

Abu Dhabi-based developer Masdar has signed its first power purchase agreement in Angola, covering a 150 MW solar site that marks the first phase of a 500 MW multi-site project.

Abu Dhabi-based developer Masdar has signed its first power purchase agreement in Angola, covering a 150 MW solar site that marks the first phase of a 500 MW multi-site project.

Solar Energy Corp. of India (SECI) has concluded a tender for 1.2 GW of interstate transmission system-connected solar projects paired with 600 MW/3,600 MWh of energy storage, with tariffs as low as INR 3.12 ($0.035)/kWh.

The expansion of stationary battery storage in Germany reached an estimated 6.57 GWh in 2025, representing an 8% increase compared with the previous year. Total installed battery storage capacity in Germany now stands at around 24 GWh, according to analyses by the Battery Charts data platform of the Institute for Power Electronics and Electrical Drives (ISEA) at RWTH Aachen University.

Synergy has reached a major milestone in Australia’s energy transition after receiving environmental clearance for its proposed 2-GW Tathra Renewable Energy Hub in Western Australia’s Mid West region.

Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.

Terra-Gen continues to expand its footprint in California’s utility-scale energy storage market with the advancement of the Lockhart CL I and CL II Energy Storage System (ESS) projects, reinforcing the state’s grid reliability and resource adequacy framework.