Renewable energy news: European Energy, ENGIE, EBRD

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Today’s renewable energy news includes announcements from European Energy, ENGIE, EBRD, Sawa, among others.

European Energy Adds Battery System to Danish Solar Plant

Danish renewable energy company European Energy has partnered with Twig to optimise a solar farm in Denmark by integrating a battery energy storage system (BESS). The upgrade will add a 28 MW/112 MWh battery to the existing 88 MW Stouby solar plant, transforming it into a hybrid energy facility. This innovation enables efficient energy storage and smarter power distribution, ensuring electricity is supplied during peak demand periods. The customer-focused solution enhances grid stability, reduces energy costs, and improves reliability for end users. Twig will manage forecasting and energy balancing, ensuring optimal performance and compliance. The project reflects growing investment in hybrid renewable solutions, supporting Denmark’s clean energy transition while delivering improved efficiency, flexibility, and long-term value for customers and stakeholders

ENGIE Acquires Battery Storage Projects in Spain

French energy major ENGIE has acquired 1.1 GWh of standalone battery energy storage system (BESS) projects in southern Spain, strengthening its renewable energy portfolio. The acquisition includes two large-scale projects in Andalusia with a combined capacity of 278 MW, designed to enhance grid stability and support renewable energy integration. These advanced storage systems use innovative technologies, including synchronous condensers, to improve reliability and flexibility in power supply. The customer-focused approach ensures stable electricity delivery while helping reduce energy costs and carbon emissions. The projects represent a major investment of over EUR 240 million, supported by EU funding. Scheduled for completion by 2028, the initiative highlights ENGIE’s commitment to innovation, sustainability, and long-term growth in Europe’s clean energy market.

EBRD Considers Loan for Solar Battery Project in Egypt

The European Bank for Reconstruction and Development (EBRD) is considering a USD 80 million loan to support Scatec’s solar and battery energy storage project in Egypt, marking a key step in renewable energy investment. The financing will back the first phase of the Dandara project, which includes a 500 MW solar plant combined with 100 MWh battery storage. This innovative hybrid solution enhances energy reliability by storing excess solar power and supplying it during peak demand. The project is designed to deliver long-term, cost-effective clean energy to industrial users, reducing emissions and improving efficiency. With strong international funding support, the initiative highlights growing investment in sustainable infrastructure while reinforcing Egypt’s transition toward a more resilient and customer-focused energy system.

Sawa Secures $10 Million to Expand Solar Projects in East Africa

Sawa Energy has secured a USD 10 million loan to expand solar and battery energy storage systems across East Africa, boosting clean energy innovation in the region. The funding, backed by Oikocredit and the Global Climate Partnership Fund, will support the rollout of 35 MW of solar capacity across around 250 commercial and industrial projects. This customer-focused model enables businesses to access reliable, cost-effective energy without upfront investment, reducing dependence on unstable grids and expensive diesel power. The initiative addresses key challenges such as rising electricity costs and frequent outages while improving operational efficiency. The investment highlights growing interest in sustainable infrastructure, positioning Sawa Energy to drive long-term growth, energy security, and environmental benefits across Africa.

FAHEEMA P

Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of GreentechLead.com. He has three decades of experience in tech media.

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