Today’s renewable energy news includes announcements on EIB, Tunisia, Kallima, Enel, Copenhagen Energy, among others.
EIB Lends EUR 228m to Sunprime for Solar and Storage Projects in Italy
The European Investment Bank (EIB) has approved a EUR 228 million loan to Italy-based Sunprime to support the development of solar photovoltaic projects combined with battery energy storage systems (BESS) across Italy. The programme will deploy proven solar PV and advanced battery technologies to deliver reliable, flexible clean power. Innovation lies in integrating storage with solar to improve dispatchability, reduce intermittency, and strengthen grid stability. From an investment perspective, the EIB financing de-risks large-scale renewable deployment and mobilises further private capital. Consumer benefits include increased access to low-carbon electricity, improved energy security, and more stable power prices. Strategically, the financing aligns with Italy’s decarbonisation targets and the EIB’s climate mandate. The loan underpins Sunprime’s growth plans, enabling portfolio expansion and accelerated rollout of hybrid solar-plus-storage assets nationwide.
Tunisia Approves Tenders for 2 GW of Wind and 350 MW of Solar in 2026
Tunisia has approved plans to launch tenders in 2026 for 2 GW of wind power and 350 MW of solar photovoltaic capacity, marking a major step in scaling its renewable energy programme. The initiative will deploy proven onshore wind and utility-scale solar PV technologies to deliver large volumes of clean electricity. Innovation is reflected in the use of competitive tenders to attract private developers, improve cost efficiency, and accelerate deployment. From an investment perspective, the programme opens significant opportunities for domestic and international capital in Tunisia’s power sector. Consumer benefits include increased availability of affordable, low-carbon electricity, improved energy security, and reduced reliance on fossil fuel imports. Strategically, the tenders align with Tunisia’s national energy transition and decarbonisation goals. The approved framework underpins clear growth plans, setting the stage for long-term renewable capacity expansion and a more resilient power system.
Kallima Secures Financing for 50-MW Battery Storage Project in Belgium
Kallima has secured project funding for a 50-MW battery energy storage system (BESS) in Belgium, advancing the deployment of flexible power infrastructure. The project will utilise advanced lithium-ion battery technology to deliver fast-response grid services, including frequency regulation and peak-shaving. Innovation is reflected in scaling standalone storage to support higher penetration of renewable generation and improve system resilience. From an investment perspective, the secured financing de-risks the project and enables capital deployment toward construction. Consumer benefits include improved grid stability, reduced curtailment of renewable power, and more efficient electricity pricing. Strategically, the project aligns with Kallima’s focus on developing energy storage assets in core European markets. The financing underpins clear growth plans, strengthening Kallima’s battery pipeline and supporting Belgium’s energy transition objectives.
NTPC Approves EDF Joint Venture for Pumped Storage, Plans Mauritius Subsidiary for Global Power Projects
NTPC Limited has approved two strategic initiatives to strengthen its domestic and international power portfolio. The company will form an equal joint venture with EDF Power Solutions India to develop pumped storage projects in India, supporting grid stability and large-scale renewable energy integration. Pumped storage is seen as critical for balancing intermittent solar and wind power. In addition, NTPC’s board has cleared the formation of a wholly owned subsidiary in Mauritius to pursue overseas power projects, including renewable and clean energy opportunities. The moves align with NTPC’s long-term strategy to expand energy storage capabilities and grow its global footprint in sustainable power generation.
Faheema P