VTT Opens New FutureGrid Research Facility in Finland
VTT, Finland’s leading applied‑research organization, has inaugurated the FutureGrid facility in Otaniemi, Espoo. The center combines a physical microgrid with a real‑time digital twin, providing a secure environment for testing next‑generation power‑grid technologies. It targets both startups and established firms needing to validate renewable, storage and AI‑driven load solutions before field deployment. The initiative responds to Finland’s projected three‑fold electricity consumption increase by 2040 and rising grid security demands.
US DoE Unveils Nuclear Energy Launch Pad
The U.S. Department of Energy and the National Reactor Innovation Center have launched the Nuclear Energy Launch Pad, a two‑pathway program designed to fast‑track advanced nuclear technologies. Building on the Reactor Pilot and Fuel Line Pilot programs, the initiative offers...
Aypa Power, Six Nations Secure $512m for BESS Projects in Canada
Aypa Power, backed by Blackstone, and Six Nations of the Grand River Development have secured C$700 million (US$512 million) financing for the Elora and Hedley battery energy storage system (BESS) projects in Ontario. The two sites together will deliver roughly 422 MW of...
Nordex Wins Order for 40 Turbines From Wpd for German Wind Farms
Nordex Group landed a 40‑turbine order from developer wpd, delivering roughly 279 MW across nine German sites. The contract mixes 36 N163/6.X units with four larger N175/6.X turbines, each mounted on hybrid towers and slated for 2027 installation. A 15‑year premium...
GridStor Secures $120m for Gunnar Reliability Project in Texas
GridStor has secured a $120 million financing package from NORD/LB and Siemens Financial Services for its 150 MW/300 MWh Gunnar Reliability Project in Hidalgo County, Texas. The funding includes construction and tax‑equity bridge loans as well as letters of credit, marking Siemens’ first...
Peru’s Ongoing Political Instability Leaves Renewable Energy Transition in Limbo
Peru’s political turbulence intensified after Congress ousted interim President José Jerí in February 2026, installing former judge José María Balcázar as a short‑term leader ahead of the April 2026 elections. The rapid turnover marks the third consecutive presidential removal since...
Black & Veatch to Provide Engineering Design for Power Plant in Taiwan
Formosa Heavy Industry Corporation selected Black & Veatch to engineer a new 2 × 1.2 GW H‑class combined‑cycle power plant in Mailiao, Taiwan. The gas‑fired facility will replace two coal units whose 25‑year PPA ends in 2025 and is expected to serve roughly 1.8 million...
Lyra Energy Commences Construction of 255MW Thakadu Solar Facility
Lyra Energy, a joint venture of Scatec, Standard Bank and Stanlib, has secured financial close and begun construction on its 255 MW Thakadu solar power plant in South Africa. The project carries roughly R4 bn (US$240 m) in capex, targeting an 80% debt‑equity...
Vena Group Signs $674m MoU to Develop Green Energy Projects in South Korea
Singapore‑based Vena Group has signed a Won 1 tn ($674 m) memorandum of understanding with Chungcheongnam‑do province and Taean‑gun to develop large‑scale green energy projects in South Korea, primarily offshore wind. The agreement commits Vena to invest the full amount by 2030, with...
TotalEnergies to Sell 50% of 11 German Battery Projects to AllianzGI
TotalEnergies agreed to sell a 50% stake in 11 battery‑storage projects in Germany to Allianz Global Investors. The portfolio totals between 789 MW and 1.63 GWh and is expected to be fully operational by 2028. The transaction involves a €500 million investment, with...
Iberdrola Sells 757MW French Onshore Renewables Portfolio to Technique Solaire
Iberdrola has completed the sale of its French on‑shore renewable portfolio to Technique Solaire, transferring 118 MW of operating wind farms and a 639 MW pipeline of wind and solar projects. The deal gives Technique Solaire full ownership of Iberdrola Renouvelables France,...
FERC Approves Blackstone’s Acquisition of TXNM Energy
Blackstone Infrastructure’s $11.5 billion acquisition of TXNM Energy has received FERC approval, clearing a major regulatory hurdle. The commission concluded the deal serves the public interest and will not harm rates, competition, or oversight, while noting existing ring‑fencing protections for Blackstone’s...
Ampyr Solar Europe Acquires UK Solar Farm Project
Ampyr Solar Europe announced it has acquired the East Yorkshire Solar Farm from BOOM Power, a 530 MWp photovoltaic project that will supply electricity to roughly 100,000 households. The farm, classified as a Nationally Significant Infrastructure Project, received its Development Consent...
First Gen to Take 40% Stake in Prime Infra’s 2GW Pumped Storage Portfolio
First Gen Corporation will acquire a 40% equity stake in Prime Infrastructure Capital’s pumped‑storage portfolio for roughly 75 billion pesos ($1.34 bn). The deal covers the 600 MW Wawa project in Rizal and the 1.4 GW Ahunan (Pakil) project in Laguna, together delivering 2 GW...
