News
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Ore Energy has raised $43 million for long-duration iron-air storage. The proceeds will fund its first factory and support a target of gigawatt-hour production in 2028.
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Sonnedix has closed €730 million across four European renewable markets. The package covers around 540MW of solar assets and two battery systems, combining refinancing, optimisation, and construction funding.
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ADS-TEC has started building Mühlacker’s first large-scale battery storage system. The 10MW/20MWh installation will support peak shaving, time shifting, and local grid stability from October.
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Slovakia’s distribution networks gain further EIB funding for modernisation works. The latest €50 million tranche lifts the package to €400 million for lines, substations, transformers, smart meters, and automation.
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Initial green hydrogen from Lingen has reached Evonik’s Marl complex. The commissioning milestone links large-scale PEM electrolysis, a 120km pipeline, and industrial offtake ahead of the planned 200MW commercial ramp-up.
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Vattenfall has secured two major offshore wind projects in Denmark. Hesselø and North Sea I Mid will provide at least 1.8GW, with grid capacity reserved and completion required by 2032.
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New Zealand’s regulator has opened consultation on a grid-frequency event. Its draft finding attributes the October 2025 incident to system-operator omissions involving outage assessment and voltage-angle conditions.
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Australia committed major financing to distribution-connected renewable energy projects nationwide. The A$100 million programme targets up to 16 solar, battery, and retrofit schemes capable of reaching construction during 2027.
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RWE and Google signed a fifteen-year Oklahoma solar power agreement. The contract covers the full output of the 155MWac Crooked Creek project, with commercial operation planned for 2028.
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Hercules has launched a dedicated UK power and energy division. It builds on Advantage NRG’s £20.8 million contracted workload and places the activity under a separate management and reporting structure.