Today’s renewable energy news includes announcements from Zelestra, Pacific Hydro, Masdar, RWE, and others.
Zelestra Secures EUR 130 mn Equity and Bond Facility for Europe and US Renewables
Zelestra has secured a EUR 130 million equity and bond financing facility to support the expansion of its renewable energy portfolio across Europe and the United States. The funding will be used to advance the development, construction, and operation of solar PV, wind, and hybrid renewable projects, strengthening the company’s growth pipeline in key markets. The facility enhances Zelestra’s financial flexibility, enabling faster project execution and portfolio scaling amid strong demand for clean energy. For investors, the deal reflects confidence in the long-term fundamentals of renewable power assets. For customers and power systems, the investments will deliver reliable, low-carbon electricity, improve energy security, and support decarbonisation goals. The financing aligns with Zelestra’s strategy to accelerate international renewables growth and contribute to the global energy transition.
Pacific Hydro Greenlit to Build 191-MWp Solar Farm With BESS in Chile
Pacific Hydro has received approval to build a 191-MWp solar photovoltaic plant paired with battery energy storage (BESS) in Chile, advancing the country’s fast-growing solar-plus-storage market. The project will combine large-scale solar generation with batteries to deliver dispatchable renewable power, reduce curtailment, and improve grid flexibility. The approval highlights continued investment momentum in Chilean renewables, where strong solar resources and market reforms are driving hybrid projects. For the power system and consumers, the project will provide reliable, low-carbon electricity, support peak demand, and enhance energy security. The development aligns with Pacific Hydro’s strategy to expand flexible renewable assets and supports Chile’s decarbonisation and net-zero targets, underlining the critical role of storage-backed solar in modern power systems.
Masdar and RWE to Invest in Up to 2 GW of Battery Storage in Germany
Masdar and RWE have agreed to jointly invest in up to 2 GW of battery energy storage systems (BESS) in Germany, significantly boosting grid flexibility in Europe’s largest power market. The large-scale battery rollout will support the integration of growing solar and wind capacity, helping to balance supply and demand and reduce renewable curtailment. The investment underlines strong confidence in Germany’s energy storage market, driven by coal phase-out plans and rising renewable penetration. For consumers and industry, the batteries will enhance grid stability, energy security, and system efficiency, while supporting lower-carbon electricity supply. The partnership combines Masdar’s global clean energy investment expertise with RWE’s operational strength, reinforcing the strategic role of utility-scale batteries in Germany’s energy transition and net-zero pathway.
FAHEEMA P