Today’s renewable energy news includes announcements on Milvio, Grenergy, Obelisk Solar and Battery Project in Egypt, among others.
Milvio Sells 80-MW Solar-Plus-Storage Project in Germany
Milvio has divested an 80-MW solar photovoltaic project combined with battery energy storage in Germany, highlighting growing investor appetite for hybrid renewable assets. The project integrates utility-scale solar with on-site storage to enhance grid stability, enable flexible dispatch, and capture additional revenues from power trading and ancillary services. By selling the asset, Milvio is recycling capital to accelerate development of its broader renewables pipeline, while the buyer secures a strategically positioned project aligned with Germany’s expanding clean energy and storage targets. The transaction reflects strong confidence in Germany’s regulatory framework and the rising importance of co-located solar and storage solutions in managing intermittency, reducing price volatility, and supporting the country’s energy transition.
Grenergy Wins Capacity Contracts for 2.1 GWh Battery Storage Portfolio in Poland
Grenergy has secured capacity market contracts for a 2.1 GWh portfolio of battery energy storage system (BESS) projects in Poland, marking a major step in advancing large-scale energy storage in the country. The capacity agreements provide stable, long-term revenue visibility, significantly improving the bankability of the projects and supporting their financing and development. Once operational, the BESS portfolio will play a critical role in strengthening grid stability, managing peak electricity demand, and enabling higher integration of renewable energy sources. In addition to capacity payments, the projects are expected to generate revenues from energy arbitrage and ancillary services. The milestone highlights Poland’s growing commitment to energy storage as part of its broader transition toward a more flexible, resilient, and decarbonised power system.
Egypt Launches First Phase of 1-GW Obelisk Solar and Battery Project
Egypt has inaugurated the first phase of the 1-GW Obelisk solar power project, marking a major milestone in the country’s clean energy transition. The project integrates large-scale solar generation with battery energy storage, showcasing advanced hybrid technology designed to enhance grid stability and ensure reliable power supply. Backed by significant international and local investment, Obelisk supports Egypt’s strategy to diversify its energy mix, reduce reliance on fossil fuels, and meet rising electricity demand sustainably. The inclusion of battery storage enables peak shaving, improved renewable integration, and better grid flexibility, directly benefiting consumers through enhanced energy security. Once fully completed, the Obelisk project is expected to contribute substantially to Egypt’s renewable capacity growth plans and reinforce its position as a regional clean energy hub.
FAHEEMA P
