Scatec demonstrated growth in Q3 2026, showing increased power generation and improved financial metrics, including an EBITDA rise to NOK 1,208 million. Despite facing NOK 1,150 million in impairments, the company is committed to expanding renewable projects, with a strategic roadmap aiming for sustainable investments and reduced debt by 2030.

Rezolv Energy has appointed seven companies to build Romania’s 1.36 GWp Dama Solar project, backed by €561 million in financing. Located in Arad County, the facility will generate 1,800 GWh annually, create up to 1,500 jobs, and include an 82-hectare nature reserve. Commercial operations are planned for late 2028.

Octopus Energy launched the $600 million Octopus Asia Electrification Fund to finance renewable energy and storage projects across Asia, beginning with the Philippines. Backed initially by $50 million from Japanese investors, it will support Octali Energy’s planned 450 MW solar and 350 MWh battery projects, helping reduce fossil-fuel dependence and strengthen regional energy security.

Masdar and Endesa have begun construction of three battery storage projects in Spain, investing €25.2 million to add 60.16 MW and 120.34 MWh at solar sites in Extremadura and Andalusia. Using LFP batteries and grid-forming inverters, the facilities will improve renewable integration and grid stability, create jobs, and become operational by 2027.