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BESS

Matrix Renewables Signed a GBP 245 Million Non-recourse Project Financing for a 500MW Battery Energy Storage System (BESS) Plant in Scotland

/LONDON, May 1, 2026, 9:15 BST, RENEWABLE MARKET WATCH™/ Matrix Renewables, the global renewable energy platform backed by TPG Rise, has secured a £245 million non-recourse project financing to enable the construction of a landmark 500MW/1,000MWh transmission-connected Battery Energy Storage System (BESS) in Eccles–Leitholm, southern Scotland. This significant capital injection underpins Matrix’s strategy to deliver large-scale, technologically advanced energy infrastructure in line with the UK’s energy transition goals.
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Blackstone Will Invest Up to EUR 2 Billion in Eurowind Energy

/LONDON, April 30, 2026, 9:00 BST, RENEWABLE MARKET WATCH™/ Blackstone has acquired a significant equity stake in Eurowind Energy, a leading European renewable energy developer, thereby strengthening the company’s financial resources and strategic position to drive large-scale expansion of renewable energy projects across Europe. Jens Rasmussen will remain as Chief Executive Officer and, together with […]
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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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Join Us For Future of Utilities: Energy Transition Summit on 18-19 March 2026, SugarFactory, Amsterdam

/LONDON, January 20, 2026, 14:45 GMT, RENEWABLE MARKET WATCH™/ Future of Utilities: Energy Transition Summit Amsterdam is where Europe's energy future gets planned, financed and built. This is the energy conference for renewable energy developers, project investors, equipment manufacturers, utilities, and market analysts driving deployment across Europe's emerging markets.
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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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Bulgaria Will Finance 31 Battery Energy Storage System (BESS) Projects Under the RESTORE 2 Tender Procedure with 4,000 MWh of Storage Capacity

/SOFIA, BULGARIA, January 5, 2026, 9:15 CET, RENEWABLE MARKET WATCH™/ A comprehensive funding initiative has been successfully completed, supporting 31 projects for the construction and commissioning of electricity storage facilities. This initiative, part of the National Infrastructure for Storage of Electricity from Renewable Sources (RESTORE 2), has a budget of BGN 228.9 million.
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