Renewable energy
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Nordex will repower a German wind site with five turbines. The 34MW Rauschenberg project replaces 3MW of ageing capacity with 6.8MW N175/6.X machines on 199-metre hub-height towers.
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Naturgy will invest €330 million repowering six Spanish wind farms. The programme replaces 274 turbines with 40 newer machines while adding 26MW/94MWh of battery storage.
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Construction has started on Belgium’s 82-kilometre Ventilus grid reinforcement programme. Elia is upgrading 380kV infrastructure to increase transmission capacity, integrate additional North Sea wind, and strengthen West Flanders’ electricity system.
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Latvenergo is evaluating renewable acquisitions totalling up to 250MW capacity. Wind and hybrid projects will be assessed as the utility works towards 2,300MW of additional generating capacity.
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RWE and Masdar are assessing Germany’s 2027 offshore auctions together. Their cooperation carries an indicative investment value above €3bn as six postponed areas move into next year’s tender programme.
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OMV Petrom awards battery EPC work for Ișalnița solar park. Simtel will deliver the 20MW/40MWh system under a €6.6m contract with construction expected within roughly seven months.
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Gennaker has secured €2.1bn financing to enter full construction phase. The 976.5MW Baltic Sea project is targeting commercial operation by the end of 2028.
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METLEN has agreed to sell Chile’s Tamarico II hybrid project. The Atacama development combines 165MW of photovoltaics with 725MWh of battery storage expandable to 925MWh.
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EIB backing will expand wind industry guarantees across European projects. Danske Bank can provide up to €500 million supporting equipment production and delivery.
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DNV says standardisation could materially lower North Sea wind costs. Its highest-volume scenario produces a 28% LCoE reduction by 2050, while irregular project flow remains a near-term problem and ports and installation capacity emerge as later constraints.