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Siemens Energy buys Camlin Group, maker of transformer monitoring software
The deal to acquire Northern Irish grid software specialist Camlin Group, which specializes in sensor-based transformer monitoring, follows Siemens Energy’s 2025 expansion of its transformer factory in Nuremberg, Germany.
Jun 05, 2026
EBRD sees Egypt’s hybrid solar-storage model spreading across MENA
Falling battery costs and energy security pressure from regional conflict are driving a wave of sovereign-backed hybrid solar-plus-storage financings across the Middle East and North Africa (MENA), with the European Bank for Reconstruction and Development (EBRD) deploying a contractual template forged in Egypt across a growing pipeline of deals.
EBRD lends €70 million to Slovenian BESS developer across four countries
The European Bank for Reconstruction and Development (EBRD) is backing a five-country merchant battery storage push by Slovenian developer NGEN Energetske Rešitve with a €70 million ($81.3 million) loan supported by an EU first-loss guarantee, in one of the first multi-country merchant BESS portfolios in central Europe.
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German storage industry back on growth path, says BVES
After a significant decline in 2024, revenues for energy storage companies based in Germany grew substantially last year and are expected to rise further this year, according to market analysis from BVES. However, industry uncertainty continues to rise.
India’s storage market shifts from tenders to execution
Ratul Puri, chairman of Hindustan Power, tells pv magazine that India’s battery energy storage system (BESS) market is moving from aggressive tendering toward large-scale project execution, as the country increasingly prioritizes grid integration, transmission readiness and long-term supply resilience.
Longer-duration BESS finds footing in Germany’s toll market
BlackRock‑backed developer Akaysha Energy says lenders require 60% to 80% contracted revenue before committing project debt to utility‑scale battery energy storage system (BESS) projects in Germany – a threshold that structured offtake products borrowed from its home market can meet.
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Sinovoltaics launches free tool for project-specific PV module test scopes
Dutch-German quality assurance firm Sinovoltaics has released a free browser-based tool that generates project-specific reliability testing strategies for utility-scale solar projects, sorting recommended lab tests by priority and producing downloadable scope reports.
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