The latest renewable energy news includes announcements on Masdar, IndiGrid, MT Group, Chereh Dam floating solar project in Pahang, Malaysia, and others.
Masdar Starts Construction of 200 MW Floating Solar Project in Malaysia After $144 Million Financing
UAE renewable-energy developer Masdar and partners Citaglobal and TIZA Global have started construction of the 200 MW Chereh Dam floating solar project in Pahang, Malaysia. The groundbreaking ceremony took place October 29, following financial close on October 27. The consortium secured approximately MYR 580 million, or $144 million, from three international lenders. The project has a 21-year electricity purchase agreement with Tenaga Nasional Berhad. Commercial operation is targeted for 2028, with expected generation sufficient for approximately 100,000 households. The development is Masdar’s first Malaysian renewable-energy project and forms part of a proposed 10 GW renewable investment programme agreed with Malaysian authorities in 2023.
IndiGrid Commissions 250 MW/500 MWh Battery Storage Project in Rajasthan Under 12-Year Agreement
Indian power infrastructure investor IndiGrid and development platform EnerGrid have commissioned a 250 MW/500 MWh standalone battery energy storage facility in Rajasthan. Announced October 29, the project was developed through Rajasthan BESS Private Limited. NTPC Vidyut Vyapar Nigam awarded the project in November 2024 through competitive bidding. The installation operates under a 12-year battery energy storage service agreement signed in December 2024. AmpereHour Energy served as the technology partner. The facility will provide electricity during peak-demand periods and support renewable-energy integration. It represents IndiGrid’s third operational utility-scale battery storage project. EnerGrid is backed by IndiGrid, British International Investment and Norfund.
MT Group Completes €28 Million, 35 MW/150 MWh Battery Storage Project in Lithuania
Lithuanian engineering contractor MT Group has completed construction of a battery energy storage facility in Rietavas, Lithuania, for Pure Energy Solutions. Announced October 29, the installation has 35 MW of discharge capacity and 150.45 MWh of storage. The project represents an investment of approximately €28 million. The battery will connect to a 110 kV substation operated by Lithuania’s transmission system operator Litgrid. MT Group and Pure Energy Solutions signed an approximately €27.8 million engineering and construction agreement in November 2025. The installation will support electricity balancing and renewable-energy integration in Lithuania. Construction completion has been confirmed, while the final grid connection and commercial operation milestones remain separate requirements.
