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Axpo and e-STORAGE Concluded Agreement to Develop Together a Battery Energy Storage System (BESS) Project in Italy

/LONDON, July 10, 2026, 11:30 BST, RENEWABLE MARKET WATCH™/ Axpo, in collaboration with e-STORAGE, a subsidiary of Canadian Solar Inc., has entered into a strategic agreement to develop an 8 MW/40 MWh battery energy storage system (BESS) at the Rizziconi power plant in Calabria, southern Italy. Construction is scheduled to commence at the end of 2026, with the project expected to begin delivering grid-supporting electricity in early 2028.
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Axpo and R.Power with Landmark Deal for Optimisation of a 1.2 GWh Battery Energy Storage System (BESS) in Poland

/WARSAW, POLAND, May 5, 2026, 11:45 CEST, RENEWABLE MARKET WATCH™/ Axpo and R.Power have entered into a landmark multi-year agreement to optimise the commercial operation of a major battery energy storage system (BESS) in Poland. The forthcoming 300 MW/1,200 MWh facility, to be developed in Dzięgielewo, Mazovia province, is set to significantly advance grid flexibility and resilience within Poland’s power sector. This long-term partnership marks the largest optimisation contract for a single BESS project in Central and Eastern Europe and stands among the most substantial agreements across the broader European…
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EBRD Provides Up to €15 million to Montenegro’s Electricity Transmission System Operator to Upgrade its 220 kV Overhead Transmission Line Connecting Montenegro with Albania and Bosnia and Herzegovina

/LONDON, March 13, 2026, 10:00 GMT, RENEWABLE MARKET WATCH™/ The European Bank for Reconstruction and Development (EBRD) has announced its commitment to support Montenegro's energy infrastructure by extending a loan of up to €15 million to Crnogorski Elektroprenosni Sistem (CGES), the nation’s electricity transmission system operator. This financial assistance is aimed at facilitating the comprehensive upgrade of a crucial 220 kV overhead transmission line that serves as a vital link between Montenegro and its neighbouring countries, Albania and Bosnia and Herzegovina.
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Axpo Signed its Largest 3.7 TWh PPA in Spain with Enhol

/Madrid, SPAIN, February 10, 2026, 9:30 CET, RENEWABLE MARKET WATCH™/ Axpo, a leading Swiss energy company, has entered into a significant ten-year power purchase agreement (PPA) with the Spanish renewable energy firm Enhol, marking a major milestone in their ongoing collaboration. The PPA, which encompasses a substantial 3.7 terawatt-hours (TWh) of energy, will cover Enhol's entire wind energy portfolio in Spain. This strategic agreement not only underscores Enhol's commitment to enhancing its renewable energy business within Europe but also plays a crucial role in ensuring the financial stability of its…
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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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