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BESS

Türkiye With Ambitious Energy Plans for 2026

/LONDON, December 29, 2025, 11:00 GMT, RENEWABLE MARKET WATCH™/ Following a year characterised by significant advancements in the energy sector, Türkiye is poised to build on this momentum in 2026. The country aims to boost domestic energy production, expand renewable energy capacity, and strengthen international collaboration. In its efforts to diversify the energy mix, Türkiye […]
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Season’s Greetings 2026 by Renewable Market Watch

/LONDON, December 23, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The gobal renewable energy capacity is projected to grow by 2.7 times by 2030, exceeding the current ambitions of countries by nearly 25%, although it still falls short of tripling. Climate and energy security policies in almost 140 countries have played a crucial role in making renewable energy cost-competitive with fossil fuel power plants. This shift is generating new demand from the private sector and households. Additionally, industrial policies that promote local manufacturing of solar panels and wind turbines are helping to…
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Nova Power and Gas Launched into Commercial Operation the Largest Battery Energy Storage System (BESS) Facility in Romania

/BUCHAREST, ROMANIA, December 12, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ The Ministry of Energy is pleased to announce the commissioning of the largest battery energy storage facility in Romania, developed by Nova Power & Gas in Cluj County. This state-of-the-art facility aims to enhance the stability and reliability of the national energy grid by storing excess energy generated from renewable sources and providing it during peak demand periods.
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Iberdrola Received EUR170M Grant for Energy Storage Projects in Spain

/MADRID, SPAIN, December 9, 2025, 10:15 CET, RENEWABLE MARKET WATCH™/ Iberdrola España, the Spanish subsidiary of global energy leader Iberdrola Group, has secured more than €170 million in grant funding to advance a comprehensive portfolio of energy storage, battery, and pumped hydro projects nationwide. The grants were awarded in the first competitive call for innovative […]
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Econergy Secures EUR 40.5M Project Financing for its 87 MW Oradea Solar Photovoltaic Project in Romania

/BUCHAREST, ROMANIA, December 3, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Econergy Renewable Energy, a prominent European Independent Power Producer (IPP) with a strong presence across multiple EU energy markets, has successfully secured a €40.5 million project-finance agreement with UniCredit Bank. The financing package will support the development and construction of Econergy’s flagship 87 MW Oradea […]
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Premier Energy Group Acquired a 400 MWh Battery Energy Storage System (BESS) Ready to Build Project in Romania

/BUCHAREST, ROMANIA, November 25, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ Premier Energy Group, a Bucharest Stock Exchange-listed utility with major ownership by EMMA Holding (controlled by Czech billionaire Jiri Smejc), has announced the acquisition of a ready-to-build battery energy storage system (BESS) project near Iaşi, Romania. The project features a planned charging and discharging capacity […]
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The GEN-I Group and SUNOTEC Have Signed a 5-year Cooperation Agreement in the field of Battery Energy Storage System (BESS) Management

/SOFIA, BULGARIA, November 14, 2025, 9:00 CEST, RENEWABLE MARKET WATCH™/ GEN-I has entered into an agreement to manage two significant storage facilities currently under construction by SUNOTEC in Bulgaria as part of its investment strategy. The first facility will have a capacity of 150 MW along with a storage capacity of 379 MWh, while the second will offer a capacity of 50 MW and a storage capacity of 126 MWh.
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Econergy Selected Shanghai Electric Group for Construction of the Palau Phase II 342 MW Solar Photovoltaic Power Plant Project in Romania

/BUCHAREST, ROMANIA, October 31, 2025, 10:15 CET, RENEWABLE MARKET WATCH™/ Earlier this month, a signing ceremony took place for the Pălău Phase II 342 MW Photovoltaic EPC Project in Romania. The event was attended by Wu Lei, Party Secretary and Chairman of Shanghai Electric Group, and Andrea Loi, Vice President of Operations at Econergy Renewable Energy Ltd.
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