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Econergy secures £42.7m project financing from Santander and 10-year EDF revenue floor agreement for its 80MW Immingham BESS project in the UK

Econergy secures £42.7m project financing from Santander and 10-year EDF revenue floor agreement for its 80MW Immingham BESS project in the UK

€50M  ·  ~80MW (240MWh) BESS  ·  Immingham, England, UK  ·  Santander / EDF

Econergy, a leading European independent power producer has secured approximately £42.7million in project financing from Santander UK PLC for its ~80MW (240MWh) battery energy storage system (BESS) project in Immingham, England. The financing was signed by the project company, Ecostor 1 Immingham Ltd, and comprises a main facility of approximately £38.4 million together with a VAT

Synhelion AG ● Dufourstrasse 101 ● 8008 Zürich ● Switzerland ● synhelion.com Press release Synhelion selected for German funding to build commercial synthetic fuel plant

Synhelion AG ● Dufourstrasse 101 ● 8008 Zürich ● Switzerland ● synhelion.com Press release Synhelion selected for German funding to build commercial synthetic fuel plant

Synhelion has been selected for funding under the “Produktives.NRW” program of the German state of North Rhine-Westphalia (NRW), supporting the construction of a commercial demonstration plant for renewable synthetic fuels at Brainergy Park in Jülich, Germany. The program draws on around EUR 90 million in EU funding from the Just Transition Fund, which is being distributed across nine selected projects supporting industrial innovation in the Rhenish region and the northern Ruhr

Qair strengthens its position in Montenegro with 50 MW solar project building permit secured

Qair strengthens its position in Montenegro with 50 MW solar project building permit secured

enewable energy company Qair today announced that it has secured the building permit for its 50 MW Rudine solar power project in the municipality of Nikšić. This milestone represents a significant step forward in Qair’s ambition to establish itself as a leading renewable energy producer in Montenegro—a strategic market with strong renewable energy potential and a supportive regulatory environment. While the project has already secured grid connection approval from CGES, Montenegro’s