European Energy has completed the sale of its Jonava renewable energy project in Lithuania to Energix – Renewable Energies. The massive hybrid development features a planned capacity of 470 MW, integrating 140 MW of onshore wind, 330 MWp of solar PV, and 320 MWh of energy storage. Construction is slated to begin shortly with full commercial operations targeted for 2027. This divestment highlights the company’s "develop-and-flip" model, successfully de-risking large-scale, grid-stable assets to recycle capital into its global pipeline of wind and solar projects.
Mar 31, 2026 23:23Vietnamese steelmaker Hoa Phat Group has officially launched the second phase of a massive rooftop solar project at its Dung Quat steelmaking complex to enhance energy self-sufficiency and lower carbon emissions. This 22.5 MWp installation spans rolling mills, the hot-rolled coil production unit, and warehouses, generating roughly 32.8 million kWh annually. Set for full completion across five phases by the second quarter of 2027, the $22.7 million initiative will reach a total capacity of 79.2 MWp, cutting carbon emissions by more than 78,000 metric tons per year and improving the mill's export competitiveness in carbon-regulated markets like the EU.
Mar 26, 2026 13:29The UK government has supported over 780 solar projects since July 2024, ranging from school rooftops to utility-scale power plants. Recent data reveals 8.1 GW secured backing through the 'contracts-for-difference' ('CfD') scheme across the sixth and seventh allocation rounds. An additional 2.7 GW gained approval via the 'National Significant Infrastructure Project' ('NSIP') stream, including the massive 600 MW Cottam Solar Project. Furthermore, 'Great British Energy' and the Community Energy Fund have backed hundreds of distributed installations, while the state-owned National Wealth Fund is injecting hundreds of millions of pounds into gigawatt-scale 'BESS' deployments to support the growing renewable grid.
Mar 26, 2026 13:20Anthem reached financial close on South Africa's largest solar project to date: the 620 MWdc 'Notsi' facility. Utilizing a 'multi-offtaker wheeling model', the plant will supply 1.5 TWh annually to commercial clients for over 20 years. A Chinese joint venture (CEEC and NWEPDI) secured the EPC contract, backed by debt financing from a local banking consortium.
Mar 19, 2026 13:20National Aluminium Company (NALCO) reported that its 130 kWp rooftop solar project in the Damanjodi mining area had officially commenced operations. Meanwhile, the smelter's 960 electrolytic cells continued to operate at full capacity, with an annual operating scale of approximately 460,000 mt. At present, NALCO is expected to add 500,000-600,000 mt of aluminum capacity. The project is currently in the feasibility study and environmental impact assessment (EIA) stage; however, its progress is constrained by the construction schedule of the power plant.
Mar 18, 2026 13:31According to Polaris Power Network, the Shanxi Provincial Energy Bureau issued the "Notice on Issuing the Construction Plan for the First Batch of Large-Scale Wind and Solar Power Bases in Shanxi Province for 2026." The notice states that, following application and review, a total of eight projects with a combined capacity of 6 million kW have been approved for construction. It also guides enterprises to optimize project layouts, prioritizing the integrated development of wind and solar power to leverage their complementary characteristics.
Feb 26, 2026 11:25