Today’s renewable energy news includes announcements on Enery, DSK Bank, Canadian Solar, Sonnedix, among others.
Enery Secures DSK Bank Loan for 600-MWh Battery Project in Bulgaria
Enery has obtained project financing from DSK Bank for a 600-MWh battery energy storage system (BESS) in Bulgaria, supporting large-scale deployment of flexible power infrastructure. The project leverages advanced lithium-ion battery technology to provide grid balancing, frequency regulation, and peak-shaving capabilities. Innovation lies in integrating high-capacity storage to optimise renewable energy utilisation and strengthen grid reliability. From an investment perspective, the loan enables capital deployment for construction and demonstrates strong financial backing for standalone storage assets. Consumer benefits include improved electricity reliability, reduced curtailment of renewable generation, and enhanced system efficiency. Strategically, the project aligns with Enery’s focus on expanding energy storage solutions in emerging European markets. The financing underpins clear growth plans, enabling Enery to scale its battery portfolio and support Bulgaria’s energy transition objectives.
Canadian Solar’s Energy Storage Unit Wins 204-MW Australian Battery Deal
Canadian Solar’s energy storage division has secured a 204-MW battery energy storage system (BESS) project in Australia, reinforcing its presence in the Asia-Pacific storage market. The project features advanced lithium-ion battery technology designed for fast-response grid support, renewable integration, and peak-shaving applications. Innovation lies in scaling utility-grade storage to enhance grid reliability and optimise energy dispatch. From an investment perspective, the deal represents significant capital deployment and revenue potential in a rapidly growing market. Consumer benefits include improved grid stability, access to low-carbon electricity, and better management of peak demand. Strategically, the contract strengthens Canadian Solar’s position in Australia’s energy transition. The project supports clear growth plans, expanding the company’s battery portfolio and accelerating the rollout of large-scale storage solutions across the region.
Sonnedix Completes €2 Billion European Solar Portfolio Refinancing with DNV Support
Sonnedix has refinanced a 1.3-GW European solar portfolio comprising 50 photovoltaic (PV) assets across seven countries for €2 billion, with DNV providing technical due diligence. The refinancing leverages advanced solar PV technology and robust asset management practices, ensuring long-term performance and reliability. Innovation is evident in the comprehensive Lenders Technical Due Diligence, including technology review, energy assessments, operational performance audits, and environmental and financial evaluations under Green Loan Principles. From an investment perspective, the transaction mobilises substantial capital, enabling Sonnedix to pursue new renewable projects across Europe. Consumer benefits include continued delivery of low-carbon electricity and strengthened energy security. Strategically, the refinancing enhances the bankability of large-scale solar assets, while supporting Sonnedix’s growth plans for portfolio expansion and regional renewable energy development.
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