Statkraft to Market German Hybrid Portfolio
Statkraft and SUNCATCHER have signed an agreement to market three hybrid solar‑battery projects in Germany—Klötze II, Salzwedel and Seehausen. The portfolio totals 34.5 MWp of solar capacity, 12 MW of battery power and 24 MWh of storage, and will be transferred to Statkraft for marketing and optimisation after commissioning in the second half of 2026. The deal runs through 2031 and includes a profit‑sharing model for the storage assets, with Statkraft handling generation, storage, trading and integrated hybrid system marketing.
Victoria Funds Hastings Offshore Wind Terminal
The Victorian government has committed more than $124 million to advance the Victorian Renewable Energy Terminal at the Port of Hastings. The funding will underwrite the Environmental Effects Statement and related community consultations for a heavy‑duty offshore wind port. The terminal...
R.Power, Axpo Sign Poland BESS Deal
R.Power and Swiss utility Axpo have signed a multi‑year agreement to optimise a 300 MW/1,200 MWh battery energy storage system in Dzięgielewo, Poland. The contract, the largest of its kind in Central and Eastern Europe, will run from commercial start‑up through 2038...
Solar Funding Hits $11.1bn in Q1
Solar companies secured over $11.1 bn in corporate funding across 53 deals in Q1 2026, a 131% year‑on‑year increase. Debt financing surged to $8.9 bn, the highest level in more than a decade, while venture‑capital funding fell 21% YoY but rose 74% quarter‑on‑quarter....
Global Renewables Alliance Unveils Partner Line-Up
The Global Renewables Alliance (GRA) announced its 2026 corporate partner roster, adding ten heavyweight firms such as Fortescue, Iberdrola, Ørsted and Vestas. The coalition spans developers, utilities, technology providers, investors and energy buyers, aiming to triple global renewable capacity by...
Ocean Winds Delivers First Power From French Floater
Ocean Winds has commissioned its 30 MW Éoliennes Flottantes du Golfe du Lion floating offshore wind farm off Port‑La Nouvelle, marking the developer’s second operating float and first in France. The site hosts three 10 MW turbines on floating foundations 16 km offshore and...
Massachusetts Triggers Vineyard Off-Take Contract
Massachusetts has activated its 20‑year power‑purchase agreements for the 806 MW Vineyard Wind offshore project, developed by Iberdrola and Copenhagen Infrastructure Partners. The contracts are expected to save ratepayers roughly $1.4 billion over their lifetime. The 62‑turbine array has already been selling electricity...
Matrix Closes £245m Eccles BESS Financing
Matrix Renewables secured a £245 million (≈ $306 million) non‑recourse financing for its 500 MW/1 000 MWh Eccles battery energy storage system in southern Scotland. The loan was underwritten by CIBC, MUFG Bank and NatWest, with NatWest acting as facility agent, and follows construction start in...
BWO Calls for German Offshore Policy Clarity
German offshore wind trade group BWO urged the government to deliver a binding policy roadmap ahead of the National Maritime Conference in Emden. The association highlighted the need for sustainable financing of port infrastructure, a reliable offshore rescue system, and...
Ireland Solar Exceeds 1GW Peak Output
Ireland’s grid‑scale solar generation broke the 1 GW barrier, peaking at 1,133 MW on 27 April 2026. The milestone follows a rapid climb from 750 MW in March 2025, reflecting a surge in new solar farms. Solar’s share of electricity demand rose to 3.1% in 2025,...
GB Clean Power Hinges on Fixing Grid Connections
Britain’s clean‑energy rollout is being hampered by chronic grid‑connection failures, with developers receiving empty offers that lack dates, conditions, or technical details. Delays now stretch 15 to 26 months and cost overruns have surged up to 200%, eroding investor confidence....
Minister Opens BnM Derrinlough Wind Farm
Ireland’s Minister for Climate, Energy and the Environment officially opened BnM’s 126 MW Derrinlough Wind Farm in Offaly. The project, a €150 million ($164 million) investment, features 21 V150‑6.0 MW turbines and is underpinned by a corporate power purchase agreement with Amazon. A €12 million...
US Renewable Capacity Set for 80GW Rise
The U.S. Energy Information Administration projects utility‑scale solar, wind and battery storage to add over 80 GW of capacity by February 2027, lifting renewables’ share of total utility‑scale capacity from 33.4% to 36.6%. Solar will contribute roughly 42.6 GW, wind 14.5 GW—including 4.2 GW offshore),...
Grenergy Signs Spain Escuderos Storage Contract
Grenergy has inked a 12‑year financial tolling agreement with an investment‑grade international utility for the battery storage component of its Escuderos hybrid project in Castilla‑La Mancha. The deal, effective from July 2028, makes Grenergy responsible for operating and trading the...
Nordex Earnings Surge in 'Positive' Q1
Nordex Group posted a strong Q1 2026, with EBITDA surging 64% to €131 million (≈$143 million) and the margin expanding to 8.2% from 5.5% a year earlier. Sales rose 10.6% to €1.6 billion (≈$1.74 billion), while net income jumped to €53.6 million (≈$58 million). The order...
New York Launches Fresh Renewables Procurement
New York’s NYSERDA has opened a new procurement round for large‑scale, land‑based renewable projects, focusing on on‑shore wind, solar and hydroelectric assets ready to start construction. The drive seeks to capture expiring federal Production and Investment Tax Credits, with eligibility...
Enviromena Secures £825m UK Solar Financing
Enviromena has closed a senior portfolio financing package worth £825 million (approximately $1.05 billion) to fund a 1 GW solar pipeline in the United Kingdom. An initial £525 million tranche was pledged by a syndicate that includes BBVA, Intesa Sanpaolo, Lloyds, NatWest and Société Générale, with...
WindEurope 2026: Ireland Signs Energy Pacts
Ireland’s Minister for Climate, Energy and the Environment, Darragh O’Brien, signed memorandums of understanding with Spain and the United Kingdom at WindEurope in Madrid. The Spain deal creates a framework to study a future electricity interconnector linking the two nations,...
'Spain Must Expand Pumped Storage'
The International Hydropower Association (IHA) issued a four‑point plan urging Spain to fast‑track pumped‑storage projects as renewable output soars. Spain’s wind and solar capacity has doubled since 2019, delivering 46% of electricity in H1 2025 while wholesale prices sit 32% below...
TotalEnergies Green Light for 1GW Kazak Wind Giant
TotalEnergies has approved a final investment decision for the 1 GW Mirny on‑shore wind and battery energy storage project in southeast Kazakhstan. The $1.2 bn development pairs 150 turbines with a 600 MWh battery system and is expected to generate 100 TWh of renewable...
Enercon Wins 140MW Türkiye Turbine Deal
Enercon has signed a contract with RT Enerji to supply 20 E‑175 EP5 E2 turbines for the 140 MW Aydın‑Denizli wind farm in Turkey, part of the YEKA 5 tender. Each turbine delivers 7 MW of power with a 175‑metre rotor, marking the model’s first entry...
New Jersey Scraps Grid Build Out Plan
New Jersey’s Board of Public Utilities has abandoned its pioneering plan to weave offshore‑wind targets into the state’s grid‑planning process. The decision follows the collapse of Invenergy’s 2.4 GW Leading Light Wind project and TotalEnergies‑Corio’s 1.3 GW Attentive Energy 2 proposal, leaving the...
WindEurope 2026: TSOs Sign North Sea Cables Pact
Five European transmission system operators—including Elia, Energinet, 50Hertz and TenneT—signed a memorandum of understanding at WindEurope 2026 to coordinate North Sea offshore cable infrastructure. The pact creates four working groups focused on repair logistics, spare‑part availability, fault detection and legal‑financial...
WindEurope 2026: CIP Unveils Electrification Plan
Copenhagen Infrastructure Partners (CIP) released a roadmap at WindEurope 2026 calling for €200 bn (≈ $218 bn) of annual investment to electrify Europe’s power system. The plan targets a 2,500 GW expansion of wind and solar capacity by 2050 and an accelerated €120 bn (≈ $131 bn)...
WindEurope 2026: RWE Extends ZITON Partnership
RWE has renewed its strategic partnership with jack‑up vessel specialist ZITON for an additional three years, securing at least 240 vessel days per year starting in 2027. The framework, which builds on a 2023 agreement, covers vessels, lifting and auxiliary...
Commission Outlines AccelerateEU Energy Package
The European Commission unveiled the AccelerateEU package to curb soaring energy costs and reduce fossil‑fuel dependence after an extra €24 billion (≈$26 billion) was spent on imports in just 50 days. The plan mixes immediate household and industry relief with a long‑term...
WindEurope 2026: Urge for EU Electrification Push
WindEurope’s 2026 Madrid event urged EU leaders to make electrification a top priority, presenting a ten‑point “Madrid Call to Action” aimed at strengthening energy security. The group highlighted that the war in Iran has amplified the need for home‑grown power,...
WindEurope 2026: Stillstrom Launches Offshore Charging Systems
Stillstrom unveiled two standalone offshore charging systems—the Power Hub and Power Tower—at WindEurope 2026. Both solutions can be installed without tying into existing turbine infrastructure, allowing flexible deployment across current and future offshore wind farms. The Power Hub is a...
Van Oord Completes Baltic Power Foundations
Van Oord has finished installing all monopile foundations and transition pieces for the Baltic Power offshore wind farm in Poland, a project slated for up to 1.2 GW capacity. The work involved 78 monopiles and 76 transition pieces, primarily using the...
Wind Installations 'Hit Record in 2025'
Global wind installations hit a record 165 GW in 2025, according to GWEC's Global Wind Report 2026. Cumulative capacity now exceeds 1,299 GW, cementing wind as a cornerstone of modern energy systems. GWEC warns installations must double by 2030 to meet net‑zero...
EBRD Backs Hungary Solar and Storage Project
The European Bank for Reconstruction and Development (EBRD) is providing a €70 million ($76 million) loan to Renalfa IPP’s special‑purpose vehicles for a 450 MW solar‑plus‑battery project in northeastern Hungary. The financing is part of a €210 million ($229 million) package that also includes commercial bank...
KK Group Acquires PowerCon
KK Group announced the acquisition of Danish shore‑power specialist PowerCon, aiming to broaden its maritime electrification footprint and boost converter and battery‑energy‑storage capabilities. The deal, built on a 15‑year collaboration in wind power, will enable cross‑selling across wind, maritime and...
CIP Starts Construction on Chile BESS
Copenhagen Infrastructure Partners (CIP) has begun construction on the Patache battery energy storage system (BESS) in Chile, a 300 MW facility with 1.5 GWh of capacity. The project received a final notice to proceed under the Growth Markets Fund II, confirming contractual commitments...
Fraunhofer IWES Completes Liivi Survey for Enefit
Fraunhofer IWES has wrapped a 14‑month metocean and wind measurement campaign in Liivi Bay, Estonia, for Enefit’s offshore wind farm project. The effort employed a Stage 3+ floating lidar buoy equipped with high‑frequency turbulence‑intensity sensors and oceanographic instruments, marking the first...
Haizea Profits Jump 11%
Haizea Wind Group posted 2025 revenue of €417 million (about $455 million), a 12% year‑on‑year increase, and net profit rose 11% to €20 million (≈ $22 million). The company said it met its strategic targets despite geopolitical tensions and growing Asian competition, and it...
Enviromena Wins Lutterworth Solar Approval
Enviromena has secured planning approval from Rugby Borough Council for a 16 MW solar farm at Lutterworth, slated to operate for up to 40 years. The facility will generate enough electricity to power roughly 7,800 homes and avoid more than 4,300 tonnes...
European Energy Adds to Renewables War Chest
European Energy tapped its senior unsecured green 2028 bond, raising an additional €60 million (about $65 million) and bringing total outstanding volume to €210 million ($229 million). The proceeds are earmarked for accelerating solar, wind, battery storage and Power‑to‑X projects that are in late‑stage...
Sensor Set-Up Gives Orsted Edge on Generator Failures
Ørsted has deployed a patented debris sensor and condition‑monitoring model across 560 offshore wind turbines, allowing it to predict generator failures at least three months ahead 70% of the time in 2025. The system, developed after engineers identified metallic debris...
DNV Merges Data Platforms in Bankability Drive
DNV has combined its wind and solar data‑management platforms, Resource Panorama and GPM Horizon, into a single system to improve data traceability for renewable‑energy project financing. The unified platform processes about 10 billion data points per second, applying DNV’s quality‑control algorithms...
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...
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...