Renewable energy
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Cierco has secured seabed rights for two Welsh floating projects. Llŷr 1 and Llŷr 2 will each provide 100MW while testing different foundations, moorings, dynamic cables, and construction methods.
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CNTE has supplied a 41.7MWh battery system in northern Czechia. The 37.95MW/41.7MWh installation pairs with 42.7MW of solar for frequency response, balancing, and short-duration energy shifting.
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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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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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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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Nordex will supply eleven turbines for Romania’s 77MW Urleasca project. The contract includes 35 years of service support, with commissioning planned for the second half of 2028.
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Sonnedix has secured €730 million for Southern European renewable assets. The package covers approximately 540MW of solar capacity and two battery projects across Italy, Spain, Portugal, and France.
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TotalEnergies has signed two major European renewable portfolio transactions simultaneously. It will acquire 4GW from Shell while selling KKR a 50% interest in 1.2GW of developed assets.
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Indian renewable generation reached a July record as coal receded. Clean sources supplied 20% of electricity, although total coal output still rose as hydro weakened.