Pexapark notes significant increase in European PPAs in October
Swiss-based analytics firm Pexapark recorded 30 power purchase agreements (PPAs) in Europe in October totaling 2.06 GW of contracted capacity, the highest monthly volume reported so far this year.
Romania advances municipal storage buildout, 500 MWh battery project
Romania’s new €150 million ($173.8 million) municipal storage program could add 385 MW of capacity and coincides with financing for one of the country’s largest standalone battery projects, according to the government.
IRENA says $554 billion invested in solar technologies in 2024
The International Renewable Energy Agency (IRENA) says solar is the only renewable energy technology where current investment levels are approaching the annual average needed through to 2030 to align with its 1.5 C pathway.
Hydro approves largest pumped hydro project in more than 20 years in Norway
Norsk Hydro will invest about $110 million after tax to build the Illvatn pumped hydro plant in western Norway.
A late but decisive move to ESS: LONGi takes majority control of PotisEdge
China’s largest solar manufacturer seeks to escape shrinking margins by securing 62% voting control of a fast-rising storage integrator.
German solar plant cleared to provide secondary control reserve
Sunnic Lighthouse says Germany’s first prequalified solar project for secondary control reserve shows how quickly PV assets can move into advanced grid-services markets.
The Hydrogen Stream: European Commission launches H2 tender
The European Commission has launched its first Hydrogen Mechanism call to link suppliers with buyers, while Italian researchers say PV, wind, storage, and electrolyzers can slash island transport emissions by 90% and cut costs nearly one-third.
Spain allocates €2 billion to expand clean energy and industry programs
Spain’s Ministry for Ecological Transition says a new €2 billion ($2.3 billion) funding package is designed to accelerate industrial capacity, expand renewable deployment, and boost the country’s long-term energy resilience.
‘It’s not a matter of sodium versus lithium, we need both’
A US research team has developed all-solid-state sodium batteries that retain performance down to subzero temperatures. The systems utilize a special chloride-based solid-electrolyte-coated cathode.
Peak Energy to supply up to 4.75 GWh of sodium-ion batteries to Jupiter Power
In a major milestone for the two-year-old Series A startup and the broader stationary energy storage sector, US-based Peak Energy has signed a supply agreement potentially worth more than $500 million.
