EIB Lends €75m to Ingeteam
The European Investment Bank has approved a €75 million loan—about $82 million—to Spanish renewable‑energy firm Ingeteam. The financing, part of the EIB’s InvestEU‑backed TechEU programme, will fund R&D in photovoltaic inverters, energy storage, grid cybersecurity and transport electrification. Ingeteam will use the money to expand its research centres in the Basque Country and Navarre, enhancing grid integration, power electronics and digitalisation. The deal underscores Europe’s push for energy autonomy and a more secure electricity supply chain.
Siemens Energy to Acquire Camlin Group
Siemens Energy announced it will acquire Camlin Group, a Northern Ireland‑based provider of sensor‑based grid monitoring and analytics. The deal, pending regulatory approval, is slated to close by the end of 2026 and adds roughly 650 employees and about $115 million...
European Energy Wins German Hydrogen Support
European Energy secured up to €228 million (about $250 million) under Germany’s hydrogen auction linked to the European Hydrogen Bank to add 150 MW of renewable hydrogen capacity at its Kassø site in Denmark. The award makes the project one of three selected...
GE Hits 25GW Mark at German Factory
GE Vernova announced that its Salzbergen factory in Germany has now produced a cumulative 25 GW of wind turbine capacity, marking a key manufacturing milestone. The plant, operating for nearly three decades, assembles nacelles that integrate more than 2,600 components per...
Trina Storage Delivers Romania BESS Project
Trina Storage has completed shipment and site delivery of its 40 MW/160 MWh Gamma battery energy storage system in Izvoarele, Giurgiu County, Romania. The project, built for LSG, incorporates 32 Elementa 2 Pro and four Electra AC units, marking the first European rollout of Trina’s...
Ming Yang Signs 2GW Canadian Offshore Pact
Ming Yang Smart Energy Group and Oceanic Wind Energy have signed a non‑binding MOU to explore a 1.5‑2 GW offshore wind project in British Columbia’s Hecate Strait. The venture, led by Coast Tsimshian Enterprises in partnership with the Metlakatla and Lax Kw’alaams First Nations,...
Zelestra Completes $1.1bn Latin America Sale
Zelestra has completed the sale of its Latin America business to Brazil‑based gas distributor Promigas for an enterprise value of about $1.1 billion. The transaction transfers roughly 3,500 MW of renewable‑energy assets—operating, under construction and in development—across Chile, Peru and Colombia, and...
UK Unveils Energy Cyber Security Strategy
Britain has launched a four‑year Energy Sector Cyber Security Strategy designed to embed cyber resilience across its evolving power system. The plan, coordinated by the National Energy System Operator, Ofgem and the National Cyber Security Centre, targets renewable, nuclear and...
Ming Yang Joins Norwegian Offshore Wind
Ming Yang Europe has become a member of Norwegian Offshore Wind (NOW), Norway’s largest offshore‑wind cluster of roughly 300 companies. The move follows its earlier entry into Germany’s BWO and aligns with Norway’s target of 30 GW offshore capacity by 2040,...
Bałtyk 2 and 3 Foundations Installed
Equinor and Polenergia have begun installing the first offshore wind foundations for the Bałtyk 2 and 3 projects in the Baltic Sea, using Heerema’s Thialf vessel to place a dozen monopiles and transition pieces. A total of 100 foundation sets will be...
RES Opens Houston Renewables Warehouse
RES announced the opening of a new warehouse in Houston that will serve as its primary U.S. inventory hub for solar and battery‑energy‑storage system (BESS) projects across North America. The facility underpins a 1.5 GWp operations‑and‑maintenance contract with Repsol, signed in...
GRID Secures £141m Battery Project Financing
British fund Gresham House Energy Storage (GRID) secured £141 m (~$176 m) senior‑debt financing for three battery projects totaling 397 MW/794 MWh. The loans, covering up to 70 % of each project’s cost, are priced at SONIA + 250 bps with a 15‑year repayment term. Additional £6 m ($7.5 m)...
US Renewables Generation Jumps 11%
U.S. renewable electricity generation surged over 11% in Q1 2026, lifting the share of renewables to 28.6% of total output. Utility‑scale solar led the jump with a 23.9% increase, while hydropower, small‑scale solar and wind also posted double‑digit gains. Battery storage...
Vattenfall Signs Norway AI Power Deal
Vattenfall and Nscale have signed a long‑term renewable power purchase agreement to supply electricity for the first phase of Nscale’s Kvandal data‑centre in northern Norway. The deal covers most of the power needed for the AI‑focused facility, which will have...
WEI Calls for Faster Offshore Wind Rollout
Wind Energy Ireland (WEI) launched its Offshore Wind Action Plan 2026 at a Dublin conference attended by over 400 delegates, urging a faster rollout of offshore wind to secure Irish energy independence. The plan outlines 18 concrete actions for the next...