Today’s renewable energy news includes updates from Eurohold Bulgaria, 360 Energy, Daiwa Energy, Gresham House, among others.
Eurohold Bulgaria and 360 Energy Launch Hybrid Solar-Storage Park in Bulgaria
Eurohold Bulgaria and 360 Energy have commissioned a 36MW/72MWh battery energy storage system (BESS) at the 161MWp Maglizh solar park in south-central Bulgaria, transforming the facility into a large-scale hybrid renewable energy park. The investment strengthens Bulgaria’s clean energy infrastructure by improving grid stability, energy flexibility, and renewable power integration. Located near Maglizh in Stara Zagora province, the project is expected to generate enough clean electricity to supply more than 65,000 households annually while reducing around 200,000 tonnes of CO₂ emissions each year. The hybrid project highlights innovation in battery storage technology and smart energy management, supporting Southeast Europe’s transition toward sustainable power systems. Financing was secured through major banking partners and Bulgaria’s National Recovery and Resilience Plan, reinforcing investor confidence and long-term renewable energy growth. The customer-focused initiative enhances energy reliability, supports decarbonisation goals, and strengthens regional energy security through advanced solar-plus-storage solutions.
Daiwa Energy & Infrastructure Secures Financing for 38MW Battery Project in Japan
Daiwa Energy & Infrastructure has secured project financing from Aozora Bank for a 38MW/160.32MWh grid-connected battery energy storage project in Chitose City, Hokkaido, Japan. The large-scale investment strengthens Japan’s expanding battery storage sector and supports the country’s renewable energy integration and grid stability goals. The project, owned by special-purpose company Chitose Chikudensho LLC, is scheduled to begin operations in October 2027. ITOCHU Corporation will supply the battery storage system, while Kyocera Communication Systems will manage engineering, procurement, and construction activities. Once operational, the facility will be aggregated by Osaka Gas. The project highlights innovation in utility-scale battery storage technology designed to improve energy flexibility, renewable power integration, and electricity reliability. The customer-focused investment also supports Japan’s transition toward a more resilient, sustainable, and low-carbon energy infrastructure.
Gresham House Agrees Conditional Acquisition of 480MW UK Battery Storage Project
Gresham House has signed a conditional agreement to acquire a 480MW battery energy storage system (BESS) project in the UK, expanding its growing renewable infrastructure portfolio. The large-scale battery project will strengthen grid flexibility, improve renewable energy integration, and support the UK’s transition toward a low-carbon power system. The investment highlights increasing demand for utility-scale energy storage solutions capable of balancing electricity supply and demand while enhancing grid stability and energy security. The project is expected to play a critical role in supporting intermittent renewable generation from wind and solar assets across the UK energy market. Gresham House continues focusing on innovation in long-duration battery storage and smart energy management technologies to improve operational efficiency and maximise renewable energy utilisation. The customer-focused acquisition strategy reinforces the company’s commitment to delivering reliable, sustainable, and flexible clean energy infrastructure while supporting long-term decarbonisation and resilient electricity networks in the UK.
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