Matrix Starts Texas Solar Operations
Matrix Renewables has placed its 281 MWdc Stillhouse Solar PV project into commercial operation in Bell County, Texas. The $380 million development secured Investment Tax Credit funding and converted construction loans into long‑term debt, with Northleaf Capital as a minority investor and term financing from MUFG, HSBC and ING. The plant delivers 210 MWac under 15‑year power purchase agreements with Hyundai Motor Group affiliates, supplying clean electricity to roughly 48,862 homes and avoiding 185,598 metric tons of CO₂ annually. Matrix also pledged nearly $3 million to community initiatives through the Sustain Our Future Foundation.
Acciona Energía Signs Italy Industry Deals
Acciona Energía has entered bilateral agreements totaling 800 GWh of renewable electricity with Italy’s energy‑intensive firms, including steelmaker Acciaierie Venete. The contracts, under the government‑run Energy Release 2.0 scheme, lock in a fixed price of €65 per megawatt‑hour (about $71) for three...
Infracapital Takes Stake in Farra Marine
Infracapital has acquired a majority stake in Farra Marine, the Irish owner‑operator of crew‑transfer vessels (CTVs) serving Europe’s offshore wind sector. Farra Marine currently runs 15 BV‑class‑approved vessels across the UK, Germany, France, Denmark and the Baltics. The investment, made...
EU Climate Chief Calls for Renewables Surge
EU climate commissioner Wopke Hoekstra warned that soaring energy prices and a €22 bn (≈$24 bn) rise in fossil‑fuel import costs demand a rapid shift to renewables, electrification and nuclear power. He told the Financial Times that Europe’s debt‑laden governments lack a financial...
Hexicon Reports Challenging Year for Floating Wind
Hexicon said 2025 was a tough year for floating offshore wind, with soaring capital costs and tighter auction dynamics pressuring margins. Despite the headwinds, the company doubled its revenue to €1.78 million (≈ $1.9 million) and expanded its development pipeline to 10,850 MW across...
Vestas Wins 70MW Bulgaria Turbine Order
Vestas secured a 70 MW order from Tessa Green Energy for the Strazhitsa wind project in Bulgaria. The deal includes 11 EnVentus V162‑6.4 MW turbines and a long‑term Active Output Management 5000 service contract. Deliveries are slated for Q1 2027 with commissioning in...
Routing Energy, VENSYS Agree Wind Pact
Routing Energy and VENSYS Energy have signed a strategic cooperation agreement to boost wind‑energy projects. VENSYS will supply more than 150 turbines, with delivery and commissioning slated for completion within 14 months. The deal expands Routing Energy’s manufacturer network, giving...
Chinese OEMs Dominate 2025 Wind Market
Chinese turbine manufacturers captured 78% of the 176 GW of global wind capacity added in 2025, driving a record 45% year‑on‑year growth. China became the first country to install more than 100 GW in a single year, with nine domestic OEMs occupying...
CIP Sells Summerfield Battery to Palisade
Copenhagen Infrastructure Partners has sold its 100% stake in the 240 MW/960 MWh Summerfield Battery Energy Storage Project near Adelaide to Palisade Investment Partners via Intera Renewables. Construction, which began in February 2025, is now substantially complete, with energisation slated for May 2026 and...
Harmony Energy Inks German BESS Financing
Harmony Energy has secured a three‑year financing facility from NEDF, a Triple Point‑managed partnership, to fund the development of 3 GW of battery energy storage systems (BESS) in Germany. The loan will support late‑stage projects at both transmission and distribution levels,...
Shinan-Ui Closes Financing
South Korea has finalized financing for the 390 MW Shinan‑Ui offshore wind farm, the nation’s first large‑scale project funded entirely with domestic capital. The €1.9 bn ($2.1 bn) deal is backed by the National Growth Fund’s Advanced Technology Fund and the Future Energy...
SP Energy Networks Launches Flexbility Platform
SP Energy Networks has introduced ElectronConnect, a new flexibility platform designed to streamline participation in grid‑balancing markets. Developed with flexibility service providers, the platform already supports month‑ahead markets that help match supply and demand. The initiative aims to accelerate the...
Qualitas Energy Acquires 376 MWp of Polish Solar
Qualitas Energy has purchased a portfolio of nine solar farms in Poland, adding 376 MWp of capacity. The assets, built by Better Energy and operational since 2021, connect to three distribution operators: Tauron, Energa and Enea. The deal lifts Qualitas' Polish...
Engie Aquires 278MW of Battery Storage in Spain
French utility ENGIE has bought two large‑scale battery storage projects in Spain – the 200 MW Palmosilla site in Tarifa and the 28 MW Cerrillo project in Málaga – marking the country’s biggest independent storage developments. The acquisition, valued at over €240 million...
Jan De Nul Launches Cable Vessel
Jan De Nul has launched the William Thomson, a 215‑metre, 28,000‑tonne subsea cable‑laying vessel built in China, joining its sister ship Fleeming Jenkin. Both vessels can install cables in water depths up to 4,000 metres and are designed to minimise return trips,...
