The European Bank for Reconstruction and Development (EBRD) is considering providing non-recourse, long-term senior project financing to Central and Eastern Europe
More details have emerged on the $510 million financing for Atlas Renewable Energy''s Estepa solar-plus-storage project in the Antofagasta region in northern Chile. The
ZE Energy develops, finances, builds and operates hybrid power plants combining both photovoltaics and storage specifically designed for use in continental Europe.
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Zelestra, a renewable energy project developer, secured $282 million in a project financing package for the Aurora project, comprising a 220 MWdc solar project and approximately 1 GWh of battery energy storage
Jul 9th: Lydian Energy, an independent power producer specializing in the development, construction, and operation of utility-scale solar and battery energy storage projects across
Uniper powers Hungary''s energy transition with two new solar projects Péter Kaderják, President of the Hungarian Battery Association said: "We must strive by all possible means to exploit Hungary''s renewable energy
After debt payments have been made, other investors (like equity investors) will be paid. In general, project''s assets are used as collateral to the loan. This type of financing is common in renewable energy projects because building solar,
Independent validation enabled financial close for one of Latin America''s largest solar + 1 GWh battery storage projects, advancing Chile''s energy transition.DNV has enab. . .
Scatec ASA has successfully reached financial close for its large-scale "Obelisk" hybrid solar and battery storage project in Egypt, marking a major milestone in the country''s
age solution provider THdG for a 12MWh project. Kehua will provide a unique containerized battery energy storage solution for the project, the collaboration representing a significant
Beyond the required development of storage solutions, applicants can also use the grant to set up or expand renewable energy generation systems, including solar panels,
Simple, standardised "plain vanilla" solar project loans could improve the predictability and planning of financing, thus speeding up the project preparation phase, especially for medium-
Financing Models Hybrid solar storage projects rely on a combination of funding sources. Public-private partnerships spread risk and concentrate resources, which can attract government
Oslo based Scatec ASA has reached financial close for the 1.1GW solar + 100MW/200MWh BESS project in Egypt. The hybrid solar and battery storage project is
Clifford Chance has advised Zelestra on a USD 282.5 million green financing for the construction of the Aurora project, a hybrid solar photovoltaic plant with a Battery Energy
Scatec, a renewable energy solutions provider, has secured $479.1 million of non-recourse project financing to develop the Obelisk hybrid solar and battery storage project
Aypa Power, a Blackstone portfolio company specialising in large-scale hybrid energy projects, announced it has secured $535mn in debt financing for its Vidal project, a combined solar and storage facility located in southeastern
Independent energy expert and assurance provider DNV has been playing a key role in providing advisory services to Atlas Renewable Energy to secure $510 million in
Domestic support for energy storage may soon increase to more than HUF 300bn, with several large storage facilities likely to be inaugurated this year, Energy Minister
22 May 2025 DNV has played a key role in providing comprehensive advisory services to Atlas Renewable Energ y to secure USD 510 million in financing for the landmark Estepa hybrid
Zelestra secures $282mn financing with Natixis CIB, BNP Paribas and BCI for the Aurora hybrid project in Chile, combining 220 MWdc solar and 1 GWh storage.
From June, system operators and distribution companies will be able to apply for subsidies to build energy storage facilities by the summer of 2025 at the latest, the Ministry said.
DNV, the independent energy expert and assurance provider, has enabled Zelestra to secure a $282 million green financing package for Chile''s Aurora project—a
The Ministry of Energy in Hungary will provide grants for the deployment of energy storage projects, with some 1GWh targeted by 2025. From June, system operators and distribution companies will be able to apply for subsidies to build energy storage facilities by the summer of 2025 at the latest, the Ministry said.
The Hungarian Ministry of Energy has announced that around 50 grid-scale energy storage projects with a cumulative capacity of 440 MW have received subsidy support through a tender launched in February this year.
In another tender, for a wider range of companies, contracts are being signed to support the completion of 50 facilities in 2026 with HUF 62bn of state contributions. Lantos said Hungary’s solar energy capacity has surpassed 7.5 GW.
With funds obtained through a previous program, transmission system operator MAVIR is already building the country's largest energy storage system – a 20 MW project in Szolnok, central Hungary, the ministry said. It added that several projects with even bigger capacity will be installed under the tender concluded a few days ago.
Hungary has set a target of 12 GW of solar capacity by the start of the next decade. However, grid capacity shortfalls have been dire, hampering primarily the rollout of large-scale solar. The country’s revised National Energy and Climate Plan envisages the construction of a total of 1 GW of storage capacity by 2030.
Lantos said Hungary’s solar energy capacity has surpassed 7.5 GW. By 2030, they are calculating that there will be 12 GW of solar plants, but additional network investments will be needed to connect this capacity to the grid.
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