The latest renewable energy news includes announcements from TotalEnergies, Nextnorth, Vestas, Rivington Energy, Schroders Greencoat, and others.
TotalEnergies and Nextnorth Start Construction of 440 MW Philippines Solar Project
TotalEnergies and Nextnorth have reached financial close and started construction of a 440 MWp solar project in the Philippines, representing a major execution milestone for utility-scale renewable generation in Southeast Asia. Financial close confirms that the developers have assembled the funding required to move the photovoltaic development into construction, substantially reducing financing risk. At 440 MWp, the project will represent a sizeable addition to the Philippines’ solar fleet once commissioned. The development also expands TotalEnergies’ renewable-energy presence in Asia, where electricity demand is growing rapidly and governments are seeking additional solar, wind and storage to reduce dependence on imported fossil fuels. Construction commencement makes the project significantly more advanced than an early-stage development announcement.
Vestas Plans Scottish Offshore Wind Nacelle and Hub Manufacturing Factory
Vestas plans to establish a nacelle and hub manufacturing facility in Scotland to support offshore wind projects in the UK and wider European market. The proposed factory would expand domestic manufacturing capacity for some of the highest-value components in offshore wind turbines and strengthen Britain’s renewable-energy supply chain as developers prepare multi-gigawatt projects. Nacelles contain critical turbine equipment including generators and drivetrain systems, making local manufacturing strategically important for reducing logistics requirements and increasing regional economic benefits from offshore wind development. The investment also signals Vestas’ expectation of sustained European offshore turbine demand. The facility could support UK efforts to capture more manufacturing value from its rapidly expanding offshore wind pipeline rather than importing major components.
Schroders Greencoat Acquires 50 MW Oxfordshire Battery Storage Project
Rivington Energy has sold a 50 MW battery energy storage project at Yarnton in Oxfordshire to funds managed by Schroders Greencoat, transferring the development to one of Britain’s largest renewable-infrastructure investors. The transaction provides another indication of institutional investor appetite for UK grid-scale storage as renewable penetration increases. Battery projects can earn revenue from wholesale electricity trading, balancing services and grid-support markets while helping shift surplus renewable generation into higher-demand periods. Acquisition by Schroders Greencoat gives the 50 MW project access to an experienced infrastructure investment and asset-management platform. The transaction is particularly relevant as Britain expands battery capacity alongside solar and offshore wind to provide the flexibility needed for a more renewable-heavy electricity system.
