photovoltaic power

/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.

/LONDON, April 15, 2026, 10:30 BST, RENEWABLE MARKET WATCH™/ Copenhagen Infrastructure Partners (CIP), via its portfolio company Elgin, is arranging up to £500 million in structured debt financing to support the development and construction of a diversified portfolio of solar photovoltaic (PV) and co-located battery energy storage system (BESS) projects across the United Kingdom. This capital raise underscores CIP’s commitment to accelerating the UK’s clean energy transition and enhancing grid resilience through large-scale, integrated renewable infrastructure.

/HAMBURG, GERMANY, January 13, 2026, 11:30 CET, RENEWABLE MARKET WATCH™/ The project includes development of an impressive 80.4 MWp photovoltaic (PV) plant, along with a 70.2 megawatt-hour battery energy storage system (BESS). Both components will be strategically located on the same site to optimise efficiency and enhance energy management. Currently, this project is in the development phase, with construction anticipated to commence in the second quarter of 2026.

/LONDON, July 25, 2025, 10:30 BST, IRENA, RENEWABLE MARKET WATCH™/ Total installed costs for renewable energy decreased by over 10% for all technologies between 2023 and 2024, except for solar (very small increase), offshore wind, which remained stable, and bioenergy, where costs increased by 16%.

/DUBLIN, IRELAND, July 23, 2025, 10:30 IST, RENEWABLE MARKET WATCH™/ The Irish government has approved a significant €3.5 billion investment in the country's electricity grid infrastructure, covering the period from 2026 to 2030. This is the largest single investment in Ireland’s electricity network in its history. This transformative initiative will enhance the country’s energy security, support economic growth, and accelerate the transition to renewable energy.