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Renewable Market Watch

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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OX2 Will Invest in Energy Storage Projects in Finland

/LONDON, February 25, 2025, 9:00 GMT, RENEWABLE MARKET WATCH™/ OX2 has made a significant investment decision to begin construction of its first-ever energy storage facilities in Finland, with a combined capacity of 235 MW and 470 MWh. These innovative storage facilities will be strategically co-located alongside the Kannisto and Korkeamaa wind power projects, both of which received their investment approvals in December 2025.
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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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GoldenPeaks Capital Signed the Largest Corporate PPA Deal in Hungary with Hankook Tire

/LONDON, February 23, 2026, 10:30 GMT, RENEWABLE MARKET WATCH™/ Hankook Tire & Technology (Hankook Tire), a prominent global player in the tire manufacturing industry and part of the Hankook & Company Group led by Chairman Hyunbum Cho, has recently formalised a long-term Pay as Nominated Power Purchase Agreement (PPA) with GoldenPeaks Capital (GPC), recognised as one of Europe’s fastest-growing independent producers of renewable energy.
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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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Iberdrola and Norges Bank Investment Management’s Co-investment Alliance reaches 1,500 MW of Renewable Power Installed Capacity

/MADRID, SPAIN, February 2, 2026, 10:00 CET, RENEWABLE MARKET WATCH™/ Iberdrola has significantly enhanced its renewable energy efforts by incorporating an additional 646 megawatts (MW) of solar photovoltaic capacity to its joint venture. This expansion includes the operational solar PV projects at Caparacena and Ciudad Rodrigo, which commenced operations at the end of the previous year.
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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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