Today’s renewable energy news includes announcements from Grupa, EIDF, Samsung C&T, BrightNight, Cordelio, among others.
Grupa Mosty Raises EUR 24m for Energy Storage Project in Poland
Grupa Mosty has secured EUR 24 million in debt financing to develop an energy storage project in Poland, marking a major investment in the nation’s renewable infrastructure. The project will deploy innovative battery technology to stabilise the grid, optimise renewable integration, and ensure reliable, affordable electricity for customers. By storing excess power and releasing it during peak demand, the system will enhance energy efficiency and support Poland’s clean energy transition. This initiative reflects Grupa Mosty’s customer-focused commitment to sustainability, technological progress, and energy security. Once completed, the project will reduce emissions, create local jobs, and strengthen Poland’s path toward a resilient, low-carbon electricity system that aligns with European climate goals.
Spain’s Greening Group Launches All-Share Offer for Solar Firm EIDF
Greening Group has announced an all-share takeover offer for EIDF Solar, aiming to form one of Spain’s largest integrated solar energy companies. The transaction represents a key investment in strengthening Spain’s renewable energy market and boosting solar innovation. The merger would combine Greening’s expertise in engineering and project development with EIDF’s strong solar distribution network, creating synergies in efficiency and scale. Focused on a customer-centric approach, the combined entity aims to deliver affordable, sustainable solar power to homes and businesses across Spain. This strategic move supports local job creation, enhances energy independence, and reinforces Spain’s leadership in the clean energy transition, positioning the group for future growth and technological advancement in renewables.
Samsung C&T Gains Environmental Approval for 300-MW Solar-Storage Project in Queensland
Samsung C&T Renewables Australia has received environmental approval for its planned 300-MW solar and battery storage project in Queensland, marking a major investment in Australia’s clean energy infrastructure. The hybrid facility will pair advanced solar generation with innovative battery storage technology to provide stable, low-emission electricity to local customers. The project aims to enhance grid reliability, reduce carbon emissions, and support Queensland’s renewable energy and net-zero targets. Samsung C&T’s initiative reflects a strong customer-focused commitment to delivering efficient, affordable, and sustainable power solutions. Once operational, the project will boost regional economic growth, create local jobs, and demonstrate the company’s leadership in innovation and large-scale renewable integration within Australia’s energy transition.
BrightNight and Cordelio Reach Financial Close for Arizona Solar-Storage Project
BrightNight and Cordelio Power have reached financial close on a 300-MW solar and battery storage hybrid project in Arizona, marking a major investment in the state’s renewable energy infrastructure. The project will pair large-scale solar capacity with innovative energy storage systems to deliver reliable, affordable, and low-carbon power to customers. Designed to enhance grid stability and flexibility, it supports Arizona’s clean energy transition and long-term decarbonisation goals. The initiative reflects both companies’ customer-focused strategy, ensuring sustainable energy solutions while creating local employment and economic benefits. Once operational, the project will strengthen energy security, advance renewable integration, and highlight BrightNight and Cordelio’s leadership in innovation and sustainable power development in the U.S.
Faheema P