The latest renewable energy news includes announcements on Grenergy Renovables, Kibo Energy, GoldenPeaks and Envion, among others.
Grenergy Breaks Ground on 340-MW Solar and Storage Project in Chile
Grenergy Renovables has begun construction on its 340-MW solar project with integrated energy storage in Chile. The hybrid facility will combine photovoltaic generation with advanced battery systems to enhance grid stability and renewable energy reliability. This initiative aligns with Grenergy’s strategy to expand its hybrid renewable portfolio in Latin America and support Chile’s decarbonization goals. The project emphasizes innovation in large-scale energy storage, enabling better integration of renewables into the national grid. Benefits include improved energy resilience, increased clean power supply, and local economic growth through job creation during construction and operations. Once complete, the plant will significantly reduce carbon emissions while strengthening Chile’s renewable infrastructure.
Kibo Energy Pursues Reverse Takeover for 1.4 GW of Australian Renewables
Kibo Energy has announced plans for a reverse takeover of an Australian renewable energy developer with a 1.4-GW project pipeline, marking a strategic shift toward large-scale clean energy investments. The portfolio includes solar, wind, and battery storage projects across Australia. This move aims to strengthen Kibo’s market presence and accelerate its transition from fossil fuels to renewables. The company’s strategy focuses on leveraging Australia’s growing renewable infrastructure and favorable policy environment. Innovation lies in integrating hybrid renewable systems for efficiency and grid stability. The acquisition is expected to deliver strong environmental and economic benefits, including job creation, emissions reduction, and enhanced energy security, while positioning Kibo as a key player in the region’s clean energy transition.
GoldenPeaks and Envion Form 1 GWh Battery Storage Partnership in Europe
GoldenPeaks Capital and Envion have established a strategic partnership to develop 1 GWh of battery energy storage systems (BESS) across Europe. The collaboration aims to accelerate renewable integration and grid balancing by deploying large-scale, high-efficiency storage facilities. The investment underscores both firms’ commitment to advancing Europe’s clean energy transition through flexible storage infrastructure. Innovation lies in combining renewable generation assets with advanced storage technologies for improved energy reliability and market responsiveness. The initiative supports energy decarbonisation, enhances grid stability, and enables better utilisation of renewable power. By leveraging GoldenPeaks’ solar expertise and Envion’s storage capabilities, the partnership positions itself as a key contributor to Europe’s sustainable energy ecosystem and long-term resilience goals.
Faheema P