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Sunotec Formed a Strategic Partnership with Blackstone and Obtained an Equity Investment for Further Expansion

/SOFIA, BULGARIA, April 7, 2026, 9:30 CEST, RENEWABLE MARKET WATCH™/ Sunotec, a top-tier European integrator specialising in utility-scale solar and battery storage projects, has announced the closing of a structured equity investment from funds managed by Blackstone Tactical Opportunities. This strategic partnership is designed to accelerate Sunotec’s international growth trajectory, while bolstering its expertise in […]
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Fu-Gen Sells 15 MW Ready-to-Build Battery Energy Storage System (BESS) Portfolio in Finland to Icecreek Energy

/HELSINKI, FINLAND, March 15, 2026, 11:00 CET, RENEWABLE MARKET WATCH™/ Fu-Gen, a Switzerland-based renewable energy developer and independent power producer, has entered a definitive agreement to divest a portfolio of three battery energy storage system (BESS) projects in Finland. Together, these offer 15 MW of capacity. The buyer is Icecreek Energy, a leading European asset […]
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Luxcara Announces Acquisition of 125 MW Ready-to-Build Battery Energy Storage System (BESS) Project in Finland

/HAMBURG, KEMINMAA, February 26, 2026, 10:15 CET, RENEWABLE MARKET WATCH™/ Luxcara has made a significant move in the Nordic energy market by acquiring this 125 MW ready-to-build Battery Energy Storage System (BESS) project in Finland, marking a key milestone in grid stability and sector leadership. The acquisition of Project Tuisku significantly reinforces Luxcara’s presence in […]
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Axpo and Advance Green Energy Signed a Long-term Hedging Agreement for the largest Bulgarian operational battery energy storage system (BESS)

/SOFIA, BULGARIA, February 24, 2026, 9:30 CET, RENEWABLE MARKET WATCH™/ Axpo and Advance Green Energy have announced a long-term financial agreement to hedge the market revenues of Bulgaria’s first and largest operational battery energy storage system (BESS), located in the Balkan Industrial Park in Lovech. This partnership highlights a mutual commitment to innovation and sustainability in developing renewable energy storage solutions in the region.
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ScottishPower Earns Prestigious Recognition from Energy Regulator Ofgem for Outstanding Performance and Exceptional Sector Leadership

/LONDON, February 6, 2026, 10:50 GMT, RENEWABLE MARKET WATCH™/ ScottishPower’s distribution businesses, ScottishPower Energy Networks (SPEN) and ScottishPower Electricity North West (SP ENW), were recognised as leaders for achieving first and second place in Ofgem’s reliability assessment. Ofgem’s annual report assesses distribution network operators based on reliability, customer service, environmental performance, innovation, and expenditure. Nicola […]
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OX2 Starts Construction of 189 MW Onshore Wind Farm in Sweden

/LONDON, February 3, 2026, 9:00 GMT, RENEWABLE MARKET WATCH™/ OX2 will invest approximately 3 billion SEK in a 189 MW onshore wind farm in Malung-Sälen, Sweden. The Fageråsen wind farm will remain under OX2’s ownership after it is completed. This is OX2’s first project in Sweden to be retained after commissioning. OX2 acquired the project […]
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Iberdrola Secures €44 Million for Three BESS Projects in Poland

/WARSAW, POLAND, January 30, 2026, 9:00 CET, RENEWABLE MARKET WATCH™/ Iberdrola Renewables Polska, a subsidiary of the Iberdrola Group, has secured €44 million (PLN 186 million) from the Polish National Fund for Environmental Protection and Water Management to build three battery energy storage systems (BESS) with a total capacity of 160 megawatts (MW). These projects […]
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Croatia with Record Renewable Electricity Generation in 2025

/LONDON, January 9, 2026, 11:00 GMT, RENEWABLE MARKET WATCH™/ In 2025, Croatia set new records for producing electricity from renewable sources. Data from the Association of Renewable Energy Sources of Croatia (OIEH) shows that solar, wind, and thermal power from renewable fuels generated more electricity than any other type for the first time. Together, these sources generated over 5 TWh, accounting for 26.6% of Croatia’s total electricity consumption that year. When hydropower is included, renewable sources supplied more than half (52.6%) of the electricity used in Croatia.
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