The latest renewable energy news includes announcements on DTEK, Fluence, Green Genius in Lithuania, SolarBank, among others.
DTEK and Fluence Begin Commissioning of 200-MW Battery Storage Portfolio in Ukraine
DTEK and Fluence have begun commissioning a 200-MW battery energy storage portfolio in Ukraine, marking the country’s largest storage deployment to date. The project spans multiple sites and utilizes advanced lithium-ion battery systems managed by Fluence’s digital energy management platform. It is designed to stabilize Ukraine’s grid, support renewable energy integration, and enhance system flexibility amid war-related disruptions. The initiative aligns with DTEK’s strategy to modernize the national energy infrastructure and reduce reliance on fossil fuels, while also accelerating Ukraine’s post-war energy resilience and reconstruction efforts. The storage systems will provide frequency regulation, peak shaving, and backup power, improving reliability for consumers. The project also signals strong investor confidence in Ukraine’s clean energy future and demonstrates innovation in scalable, conflict-resilient energy solutions.
Green Genius Secures EUR 36.7m for Solar-Plus-Storage Project in Lithuania
Green Genius has secured €36.7 million in financing from Swedbank to develop one of Lithuania’s largest hybrid renewable projects, combining 121 MW of solar capacity with 53 MWh of battery energy storage. The project supports Lithuania’s strategy for energy independence and climate neutrality by 2050, helping to replace fossil-based generation with clean, dispatchable power. Green Genius’s approach focuses on grid-enhancing solar-plus-storage infrastructure that ensures stability, flexibility, and optimized renewable integration. The battery system will provide peak shaving, load balancing, and frequency regulation services, while the solar plant supplies affordable energy to residential, commercial, and industrial users. This investment underscores rising confidence in hybrid energy models and offers benefits such as emissions reduction, energy cost savings, and resilience against supply volatility and fossil fuel price shocks.
SolarBank to Deliver Over 50 MW of U.S. Solar Projects Ahead of Tax Credit Deadline
SolarBank Corporation is set to complete over 50 MW of distributed solar projects across New York and Maryland before upcoming changes to the U.S. Investment Tax Credit (ITC) take effect. The portfolio includes commercial and community solar installations for municipalities, schools, and private clients, enabling cost-effective clean energy access. This strategy maximizes financial incentives under the current tax credit structure and supports long-term investment returns. SolarBank is leveraging accelerated construction schedules, local partnerships, and high-efficiency PV technology to ensure on-time delivery. The initiative promotes grid decentralization, energy affordability, and emissions reduction. It also supports underserved communities through clean power access while enhancing energy resilience. The projects highlight innovation in financing, deployment, and customer-centric design within the evolving landscape of U.S. renewable energy policy.
GreentechLead.com News Desk