Renewable energy news: CIP, Advait Greenergy, Stonepeak’s Kingdom
Today’s renewable energy news includes announcements from CIP, Advait Greenergy, Stonepeak’s Kingdom, among others.
CIP Secures PPAs for 900MW Solar and 450MW Storage with Mexico’s CFE
Copenhagen Infrastructure Partners (CIP) has secured power purchase agreements (PPAs) with Mexico’s state utility CFE for 900MW of solar capacity and 450MW of battery energy storage, marking a major boost for the country’s renewable energy pipeline. The agreements highlight large-scale investment in solar-plus-storage solutions, enhancing grid reliability and enabling better integration of intermittent renewable power. The inclusion of significant storage capacity reflects growing emphasis on flexibility and energy security.Strategically, the deal strengthens CIP’s presence in Latin America while supporting Mexico’s clean energy transition. It will deliver stable, cost-competitive electricity, reduce carbon emissions, and provide long-term benefits for consumers and the national grid.
Advait Greenergy Secures LOI for 150MBattery Storage Project in Gujarat
Advait Greenergy has received a letter of intent (LOI) for a 150MW battery energy storage system (BESS) project in Gujarat, strengthening India’s growing energy storage market. The project will support grid stability and enable higher integration of renewable energy across the region. The development highlights increasing investment in advanced battery technologies to manage intermittency and optimise power supply. It also reflects India’s strategic push to expand storage capacity alongside solar and wind deployment. Strategically, the project will enhance energy reliability, reduce peak demand pressures, and deliver cost-efficient electricity. It positions Advait Greenergy to play a key role in India’s clean energy transition and long-term grid modernisation efforts.
Stonepeak’s Kingdom Secures Financing for 29MW Battery Storage Project in Japan
Stonepeak-backed energy storage platform Kingdom has secured financing for a 29MW battery energy storage system (BESS) project in Japan, advancing its footprint in the country’s growing storage market. The project will support grid stability and enhance the integration of renewable energy. The financing underscores strong investor confidence in Japan’s energy storage sector and highlights the increasing role of BESS in balancing supply and demand. Advanced battery technology will enable flexible power dispatch and improved system efficiency. Strategically, the project contributes to Japan’s decarbonisation goals, strengthens energy security, and delivers reliable, cost-effective electricity, positioning the Kingdom for further growth in Asia’s evolving clean energy landscape.
FAHEEMA P
