Today’s renewable energy news includes announcements on Sunnova, Omnidian, Copenhagen Energy, European Energy Infrastructure, Iberdrola, among others.
Sunnova Energy to sell part of its residential solar business to Omnidian
Sunnova Energy has agreed to sell part of its residential solar installation business to Omnidian for $7 million in cash and the assumption of certain liabilities, under a stalking horse agreement. This follows Sunnova’s recent bankruptcy filing, driven by rising debt, weak demand, high interest rates, and reduced incentives in key markets like California. Sunnova listed its assets and liabilities between $10 billion and $50 billion. As part of the deal, Omnidian will take over customer service and system management for a large portion of Sunnova’s active customers.
Copenhagen Energy Selects EPC Contractor for 132-MWh Battery Projects in Denmark
Copenhagen Energy has appointed European Energy Infrastructure as the EPC contractor for two battery energy storage systems (BESS) totaling 132 MWh in Jutland, Denmark. These grid-connected lithium-ion systems will support grid stability, store surplus renewable energy, and provide frequency regulation to integrate Denmark’s growing wind and solar capacity. The project aligns with Copenhagen Energy’s strategy to invest in flexible infrastructure that supports Denmark’s goal of 100 percent green electricity and carbon neutrality by 2030. Strategically located to maximize transmission efficiency, the systems will offer balancing services to grid operators and energy traders. This innovation enhances grid reliability, reduces the need for fossil-based peaker plants, and benefits both the power system and customers seeking cleaner, more stable electricity. The investment highlights the critical role of energy storage in decarbonization and Denmark’s leadership in developing scalable, low-carbon energy solutions.
Iberdrola to Sell 31 MW of Mini-Hydro Assets in Spain to FSL’s Green Platform
Iberdrola has agreed to sell a 31 MW portfolio of mini-hydro assets in Spain to the green energy platform of First Sentier Investors (FSL). The deal includes 14 small hydropower plants located across Galicia, Castile and León, and Asturias. These grid-connected facilities provide clean, dispatchable energy with low environmental impact. The divestment aligns with Iberdrola’s asset rotation strategy, allowing reinvestment into large-scale renewable energy and grid modernization projects worldwide. For FSL, the acquisition enhances its distributed renewable generation portfolio and offers stable, regulated returns from low-risk, zero-emission infrastructure. The plants support Spain’s decarbonization targets and regional energy resilience. Small hydro, as a mature and reliable renewable technology, provides continuous generation capacity and grid stability, complementing intermittent solar and wind resources while preserving local hydrological ecosystems and infrastructure.
GreentechLead.com News Desk