Today’s renewable energy news includes announcements from Jupiter Power, IFC & EBRD, among others.
Jupiter Orders 4.75 GWh of Battery Storage from Peak Energy
Jupiter Power has signed a major agreement to procure 4.75 GWh of battery energy storage systems (BESS) from Peak Energy, marking one of the largest battery technology orders in the US market. The investment strengthens Jupiter’s strategy to expand grid-scale storage that supports renewable integration and stabilises power supply for customers. Peak Energy will deliver advanced, high-efficiency battery platforms designed to boost system reliability, improve throughput, and reduce lifecycle costs, reflecting strong innovation focus. The partnership will enable Jupiter to accelerate deployment across multiple US states, providing significant benefits through enhanced grid resilience, reduced curtailment of renewables, and improved energy affordability. The deal reinforces both companies’ roles in enabling a cleaner, more flexible energy future.
IFC & EBRD to Finance 260 MW of Renewable Energy Projects in Ukraine
The International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) will jointly support 260 MW of new solar and wind projects in Ukraine, marking a significant investment in the country’s energy resilience during reconstruction. The financing aims to attract private capital, drive innovation, and rebuild modern, decentralised power infrastructure. The projects will integrate advanced renewable and grid-support technologies to ensure stable, efficient generation even under challenging conditions. For customers and communities, the initiative promises improved energy security, reduced dependence on fossil fuels, and long-term affordability. Beyond environmental benefits, the investment strengthens Ukraine’s economic recovery and accelerates its transition to a cleaner, more resilient energy system aligned with European standards.
Faheema P