Today’s renewable energy news includes announcements from Nofar Energy, Swelect, FortifyGrid, LandGate, and others.
Nofar Energy to Acquire Control of Ellomay Capital in USD 323 mn Deal
Nofar Energy has agreed to take control of Ellomay Capital in a transaction valuing the renewable energy company at approximately USD 323 million. The deal will strengthen Nofar’s position in the global clean energy market by expanding its portfolio of solar and renewable assets across Europe and other regions. Through the acquisition, Nofar aims to enhance operational scale, diversify its project pipeline, and unlock new growth opportunities in key renewable energy markets. Ellomay Capital’s portfolio includes operational and development-stage renewable projects, providing immediate and long-term value. The USD 323 million valuation underscores investor confidence in the renewable energy sector and highlights continued consolidation as companies seek greater scale and strategic expansion in clean power generation.
Swelect and FortifyGrid Partner to Deploy Solar and BESS Projects Across Asia
Swelect Energy Systems has partnered with FortifyGrid to expand solar power and battery energy storage system (BESS) deployments across Asia. The collaboration aims to accelerate renewable energy adoption by integrating photovoltaic (PV) generation with advanced energy storage solutions in key regional markets. The partnership will focus on developing and implementing solar-plus-storage projects that enhance grid stability, improve energy reliability, and support decarbonization goals. By combining Swelect’s solar expertise with FortifyGrid’s energy storage capabilities, the companies plan to deliver scalable, technology-driven clean energy solutions. The tie-up reflects growing demand for integrated solar and BESS infrastructure across Asia, where rising electricity consumption and renewable targets are driving investment in flexible, sustainable power systems.
LandGate Launches Instant Battery Storage Analysis Tool to Transform BESS Market
LandGate has introduced an instant battery storage analysis tool designed to streamline site evaluation and accelerate battery energy storage system (BESS) development. The new digital platform enables developers, investors, and landowners to quickly assess grid capacity, interconnection potential, and project economics for utility-scale energy storage projects. By automating complex data analysis, the tool reduces due diligence timelines and enhances decision-making accuracy in the fast-growing BESS market. The launch addresses increasing demand for efficient project screening as battery storage becomes critical for renewable energy integration and grid stability. LandGate’s innovation aims to lower development risks, improve transparency, and speed up deployment of energy storage infrastructure, supporting the broader transition toward flexible, reliable, and data-driven clean energy solutions.
FAHEEMA P
