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Renewables

Lithuania is Launching a 1.7 GW/4 GWh of Battery Energy Storage System (BESS) Procurement Procedure

/VILNUIS, LITHUANIA, September 1, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ The Ministry of Energy of Lithuania has launched a support initiative aimed at enhancing the flexibility and reliability of the electricity system by encouraging the installation of high-capacity electricity storage facilities. The previous funding call, which attracted considerable interest from market participants, closed at the […]
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La Fundación Ciudad de la Energía (CIUDEN) Successfully Commissioned a 5.8 MWh Sodium-Sulfur (NAS) Battery Energy Storage System (BESS)

/MADRID, SPAIN, August 29, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ The Fundación Ciudad de la Energía (CIUDEN), which is under the Ministry for Ecological Transition and the Demographic Challenge (MITECO), has recently finished the operational tests of its energy storage facility that uses sodium-sulfur (NaS) technology. This facility is part of CIUDEN’s green hydrogen production […]
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Ignitis Group with Ambitious Investment Initiative in Battery Energy Storage System (BESS) Plants in Lithuania

/VILNIUS, LITHUANIA, August 29, 2025, 9:15 CET, RENEWABLE MARKET WATCH™/ Ignitis Group, an integrated utility focused on renewable energy, is expected to start construction of battery energy storage systems (BESS) in Lithuania soon. The company will implement these BESS plants in the areas around Kelmė, Mažeikiai, and Kruonis. With a combined capacity of 291 MW […]
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The European Commission Made Significant Efforts to Accelerate the Clean Energy Transition Through Auction Design for Renewable Energy Projects

/BRUSSELS, BELGIUM, August 27, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ Renewable energy is growing quickly, largely due to auctions conducted by Member States. This rapid growth is also aided by the decreasing costs of renewable sources, particularly solar and wind energy. To meet the EU’s binding target of a 42.5% share of renewable energy in […]
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Ignitis Renewables Launched into Commercial Operation a 137 MW Silesia Wind Farm II in Poland

/WARSAW, POLAND, August 25, 2025, 11:00 CET, RENEWABLE MARKET WATCH™/ Ignitis Renewables, a leading international company in the green energy sector, has proudly announced the completion of its latest significant project: the Silesia Wind Farm II. Nestled in the picturesque landscape of southern Poland, in the Opole Voivodeship, this state-of-the-art wind farm has officially commenced […]
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Voltfang Inaugurated the Largest European Second-life Battery Storage plant in Germany

/AACHEN, GERMANY, August 20, 2025, 12:45 CET, RENEWABLE MARKET WATCH™/ Voltfang, a prominent supplier of eco-friendly battery storage solutions for industrial, commercial, and large-scale applications, has officially launched its new production facility, the “Voltfang Future Fab,” located in Aachen, North Rhine-Westphalia. The inauguration of the factory was carried out by Hendrik Wüst, the Minister-President of […]
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Renalfa Received EUR 315 Million Financing for Renewable Energy Projects in Bulgaria, Hungary, North Macedonia and Romania

/VIENNA, AUSTRIA, August 11, 2025, 11:45 CET, RENEWABLE MARKET WATCH™/ Vienna-based Renalfa IPP has recently secured €315 million from a consortium of lenders, including the European Bank for Reconstruction and Development (EBRD), to expedite the transition to green energy in Central and Eastern Europe. The financing will support the company’s investment program of €1.2 billion, […]
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Ignitis Renewables Continues its Business in Latvia with Commissioning of Stelpe Solar Power Plant I with 72.5 MW Power Capacity

/RIGA, LATVIA, August 8, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Ignitis Renewables, an international green energy company, is expanding its presence in Latvia. Recently, they announced that the Vārme solar farm has begun operations, and today, the Stelpe Solar Farm I has officially reached its commercial operation date. Spanning 85 hectares, this power plant has […]
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