Today’s renewable energy news includes announcements from Qair, Statkraft, Grenergy, and others.
Qair Reaches USD 151 mn Financial Close on Solar-Storage Complex in Mauritius
Qair has achieved USD 151 million in financial close for a solar and battery energy storage complex in Mauritius, advancing one of the island nation’s key renewable energy projects. The integrated solar-plus-storage facility will combine photovoltaic generation with battery energy storage systems (BESS) to enhance grid stability and ensure reliable clean power supply. The project supports Mauritius’ strategy to increase renewable energy penetration and reduce dependence on imported fossil fuels. The battery component will enable better management of peak demand and intermittent solar output, strengthening energy security. The successful financing underscores strong investor confidence in hybrid renewable infrastructure and positions Qair as a leading developer of sustainable energy projects in emerging island markets.
Statkraft Inaugurates Four-Hour Battery Energy Storage Project in Ireland
Statkraft has commissioned a four-hour battery energy storage system (BESS) in Ireland, strengthening the country’s grid flexibility and renewable energy integration. The large-scale battery project is designed to store excess wind and solar power and dispatch electricity during peak demand, enhancing system reliability. The four-hour duration storage asset will provide key grid services, including frequency response and balancing support, helping manage fluctuations from variable renewable generation. The project aligns with Ireland’s ambitious decarbonization targets and growing need for energy storage infrastructure. The ribbon-cutting marks another milestone in Statkraft’s expansion in the Irish energy market, reinforcing its commitment to advancing battery storage solutions and accelerating the transition to a more resilient, low-carbon power system.
Grenergy Secures AR7 CfD for 40 MW Solar Project in England
Grenergy has won a Contract for Difference (CfD) in the UK’s Allocation Round 7 (AR7) for a 40 MW solar project in England, securing long-term revenue stability for the development. The CfD award provides government-backed price support, improving the project’s bankability and enabling it to move toward construction. The 40 MW solar farm will contribute to the UK’s expanding renewable energy capacity and support national net-zero targets. By locking in a fixed strike price, the AR7 CfD reduces market risk and strengthens investor confidence. The award reinforces Grenergy’s growing footprint in the UK solar market and highlights continued momentum in utility-scale solar deployment under the government’s competitive renewable energy support scheme.
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