News
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Great British Energy has opened £30m for community power projects. Funding covers feasibility, development, construction, local-authority partnerships, and advice for renewable and storage schemes across the UK.
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Ofgem proposes delivery incentives for LionLink and Nautilus interconnector projects. The framework covers regime start dates, backstops, delay payback, and defined relief mechanisms for the two offshore hybrid assets.
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Ofgem proposes a commitment fee for oversubscribed battery connection projects. Around 90GW of operational and queued capacity compares with a projected 29GW storage requirement by 2035.
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STRABAG will build 140 charging points across 25 German sites. The motorway programme includes megawatt-class infrastructure for electric heavy goods vehicles and is scheduled for completion by 2030.
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EU grants will fund three cross-border renewable energy infrastructure projects. The €125.81m package covers German-Polish heat networks and the first implementation stage of a Latvia-Lithuania wind development.
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Encavis has secured €282m financing for nine Italian solar plants. The 351MW portfolio combines its Giotto assets with four additional projects while retaining scope to integrate battery storage later.
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Construction has started on Finland’s 125MW AKKU One battery project. The 300MWh standalone system is scheduled for commissioning in late 2027, with Delta Capacity managing construction delivery and commercial optimisation.
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Sungrow and be.storaged plan 1.6GWh of German battery projects together. Their two-year framework is intended to standardise engineering, technical coordination, construction, commissioning, and equipment integration across multiple large-scale schemes.
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50Hertz has awarded LanWin3’s 2GW offshore converter platform construction contract. The HVDC project will connect North Sea wind capacity into Germany’s transmission system through the wider NordOstLink programme.
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Jupiter Power has secured $1.4 billion across four financing transactions. The packages support ten Texas and Michigan battery projects totalling 1.5GW/3.6GWh across operating and construction-stage portfolios.