Renewable energy
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CIF has approved new investment support for Ukraine’s power system. The $116.2m plan covers cross border interconnection, renewable generation and storage as rebuilding increasingly focuses on resilience and European integration.
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Zelestra and EDP are adding storage to Spanish solar plants. Two four hour batteries at Pedroso and Valkyria will add approximately 462MWh, taking their hybrid partnership above 1GWh of contracted storage.
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BW ESS has started long duration storage construction in Italy. The 97MW/828MWh Cerignola battery carries a 15 year MACSE contract and is due to enter operation in 2028.
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Atmos has closed financing for two major Australian power projects. The package moves a 1.6GWh Queensland battery and 470MW Western Australian wind farm towards construction and operation.
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HD Hyundai will build Taean’s 500MW offshore wind substation system. The EPCIC contract covers engineering, procurement, fabrication, offshore installation and commissioning for the South Korean project.
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Vattenfall has completed all fourteen Clashindarroch II wind turbine foundations. The 63MW Aberdeenshire project used lower-carbon concrete and recycled reinforcing steel during an 11-week foundation programme.
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CIP has approved a major 350MW Scottish battery investment programme. The four-hour Kilmarnock South system will store 1.4GWh and is scheduled for commercial operation in early 2028.
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Great British Energy has widened its £300m manufacturing support fund. Seventeen additional offshore wind and network components are now eligible for capital grants supporting UK production capacity.
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Rezolv has energised VIFOR’s first 192MW Romanian wind farm phase. Thirty Vestas V162 turbines are operating, with another 269MW scheduled to follow in 2027.
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Invinity’s California flow battery has passed one gigawatt-hour delivered milestone. The 10 MWh Viejas system has operated near-continuously since late 2025 alongside 15 MW of solar generation at the tribal microgrid.