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Israel-based independent power producer Econergy Renewable Energy has planted its flag in Germany’s fast-growing storage market by purchasing a 100-MW/200-MWh portfolio of battery energy storage system (BESS) projects in Brandenburg. The deal gives Econergy full ownership of two co-located sites that will supply up to four hours of discharge, enough to shift surplus wind and solar into the evening peak. The company estimates a €73-million outlay for construction and grid connection. Work is slated to start in late 2025, with commercial operation targeted for the first quarter of 2027. Once online, the batteries are forecast to generate about €13.7 million in annual revenue and an average EBITDA of €11.9 million during their first five full years—returns driven by Germany’s balancing-power and capacity markets as well as price-arbitrage opportunities created by growing renewable penetration. Chief executive Eyal Podhorzer said the move follows “months of scouting for the right entry point” and aligns with Econergy’s strategy to pair storage with its 6-GW development pipeline across Europe. The firm already controls large-scale BESS projects in the UK, Italy and Romania and views Germany’s aggressive decarbonisation targets—80 % renewable electricity by 2030—as a catalyst for additional battery deployments. Germany’s Federal Network Agency expects nationwide storage capacity to triple this decade, helped by new tender mechanisms that reward long-duration assets and a €50-billion grid-modernisation plan. By capturing a foothold in Brandenburg—a region with some of the country’s highest wind-and-solar curtailment rates—Econergy positions itself to profit from congestion relief while supporting local grid stability. Beyond headline economics, the acquisition marks another step in the wider European trend of IPPs internalising storage to smooth cash flows and hedge merchant-price volatility. With financing secured and permitting underway, Econergy says it will now assemble engineering and EPC partners and assess options for adding on-site solar to create a fully hybrid complex. If timelines hold, the Brandenburg duo will rank among Germany’s largest stand-alone batteries when they switch on in early 2027, underscoring storage’s central role in the continent’s post-fossil energy mix.

we notify of the passing of our dear friend and inspiration, Guy Sella,” the Israel-headquartered inverter manufacturer said in a statement over the weekend,

and France will certainly take the highest share while in the center east, Israel will dominate. Additionally, the Asia-Pacific region leads with respect to

the following five years." Fluence managing supervisor for UK, Ireland & Israel Marek Kubik claimed: "We delight in to be dealing with Zenobe to provide the

Israel-based N2OFF Inc and Solterra Renewable Energy Ltd have received approval for a 111 MWp solar project in Melz, Germany. The project will be integrated into the regional power grid, marking it as the first initiative under their recently established joint venture, which focuses on solar energy development.Founded in 2022, Solterra Renewable Energy manages a solar portfolio across multiple stages, with a total capacity of around 300 MW. The company is operational in several countries, including Italy, Poland, and Germany, and this partnership signifies N2OFF's strategic entry into the solar market by supporting Solterra financially. What implications does the N2OFF and Solterra partnership have for Germany's solar market? The partnership between N2OFF Inc and Solterra Renewable Energy Ltd for the 111 MWp solar project in Melz, Germany, carries several implications for Germany’s solar market:- Increase in Installed Capacity: The project adds a significant 111 MWp to Germany’s already substantial solar capacity, demonstrating continued growth in renewable energy infrastructure.- Strengthening Bilateral Ties: This collaboration highlights an increasing trend of cross-border partnerships in the renewable energy sector, fostering deeper international ties and technology transfers.- Investment Boost: With N2OFF’s financial backing, the project is likely to attract further investments, potentially paving the way for similar financing arrangements within the German solar market.- Market Confidence: The successful execution of this project may instill greater confidence in investors regarding the viability and profitability of solar energy ventures in Germany, potentially leading to a surge in new projects.- Innovation and Technology Sharing: The partnership can facilitate access to innovative solar technologies and practices from both Israeli and European experiences, enhancing efficiency and productivity in the solar market.- Grid Integration Benefits: As the project will be integrated into the regional power grid, it may strengthen grid reliability and stability, allowing for better management of renewable energy influx.- Job Creation: The development and operation phases of the project are likely to create jobs in the local community, both directly and indirectly, supporting economic growth in the region.- Promotion of Renewable Energy Policy Goals: The project aligns with Germany's ambitious renewable energy targets, contributing to the country's overarching goals of reducing carbon emissions and transitioning towards a more sustainable energy system.- Support for Local Supply Chains: The project may encourage the development of local supply chains for solar components and services, further stimulating the German economy.- Inspirational Model for Future Projects: The collaboration could serve as a model for future public-private partnerships and joint ventures in Germany's renewable energy sector, encouraging similar ventures across the country.

Inc, an Israel-based agri-food tech company, and Solterra Renewable Energy Ltd are evaluating options to expand their joint solar project in Germany, currently

Israel-based agri-food tech firm N2OFF Inc has acquired majority stakes in two battery energy storage system (BESS) projects in Italy, totaling approximately 196 MW. The projects were developed by Solterra, N2OFF's partner, and this acquisition marks a significant expansion of N2OFF's energy portfolio. The move aligns with the company's strategy to diversify its investments and enhance its presence in the renewable energy sector.The acquisition underscores N2OFF's commitment to sustainable energy solutions, leveraging its expertise in agri-food technology to support the transition to cleaner energy sources. This strategic investment in Italy's BESS projects is expected to bolster the country's renewable energy infrastructure and contribute to energy storage advancements. How will N2OFF's acquisition of Italian BESS projects impact renewable energy in Italy? Strengthening Italy's Renewable Energy Infrastructure: The acquisition of these BESS projects by N2OFF is likely to enhance Italy's renewable energy infrastructure by providing essential storage solutions that can balance supply and demand, thus improving grid stability and reliability. Facilitating Energy Transition: By investing in battery energy storage systems, N2OFF is supporting Italy's transition to renewable energy sources. These systems enable the integration of more renewable energy into the grid by storing excess energy generated from sources like solar and wind for use during periods of high demand or low generation. Encouraging Investment in Renewable Technologies: N2OFF's acquisition may encourage further investment in renewable technologies in Italy, signaling to other investors the viability and potential returns of such projects. This could lead to increased funding and development in the sector. Reducing Carbon Emissions: The implementation of BESS projects can contribute to reducing carbon emissions by optimizing the use of renewable energy and decreasing reliance on fossil fuels. This aligns with Italy's goals to reduce greenhouse gas emissions and combat climate change. Job Creation and Economic Growth: The development and operation of these BESS projects are likely to create jobs in the renewable energy sector, from construction and engineering to maintenance and management, thereby contributing to local economic growth. Enhancing Energy Security: By increasing the capacity for energy storage, Italy can enhance its energy security, reducing dependence on energy imports and increasing resilience against energy supply disruptions. Promoting Technological Innovation: N2OFF's involvement in these projects may drive technological innovation in energy storage solutions, potentially leading to more efficient and cost-effective systems that can be implemented both in Italy and globally. Aligning with EU Energy Goals: This acquisition supports the European Union's broader energy goals, which include increasing the share of renewable energy in the energy mix and improving energy efficiency across member states.

Israel's Nofar Energy is aiming to establish or obtain wind as well as solar projects in Romania where it plans to spend over 300 million euro ($ 316 million) in the adhering to 2 years, it claimed on Tuesday.

Israel’s Nofar Energy Ltd has successfully connected its 27-MW Ada solar photovoltaic park to the grid in Serbia. This marks a significant milestone for the company as it expands its renewable energy footprint in Eastern Europe. The Ada solar farm is expected to contribute to Serbia's renewable energy targets and enhance the country's energy mix with sustainable power sources.Nofar Energy, listed on the Tel Aviv Stock Exchange under the ticker NOFR, continues to advance its international projects, reinforcing its commitment to global renewable energy development. The completion of the Ada solar park underscores the company's strategic focus on expanding its solar energy portfolio. How does Nofar Energy's Ada solar park impact Serbia's renewable energy goals? Contribution to National Renewable Targets: The Ada solar park's 27-MW capacity is a significant addition to Serbia's renewable energy infrastructure, helping the country move closer to its national renewable energy targets. By increasing the share of solar power in the energy mix, Serbia can reduce its reliance on fossil fuels and decrease greenhouse gas emissions. Diversification of Energy Sources: The integration of the Ada solar park into Serbia's grid diversifies the country's energy sources. This diversification is crucial for enhancing energy security and reducing vulnerability to energy supply disruptions, particularly those related to fossil fuel imports. Economic and Environmental Benefits: The operation of the Ada solar park is expected to generate economic benefits, including job creation during the construction and maintenance phases. Additionally, the environmental benefits include a reduction in carbon emissions and a decrease in air pollution, contributing to improved public health and environmental quality. Alignment with EU Energy Policies: As Serbia aspires to join the European Union, the Ada solar park aligns with EU energy policies that emphasize the transition to renewable energy. This project demonstrates Serbia's commitment to meeting EU standards and regulations regarding renewable energy adoption and sustainability. Encouragement for Further Investments: The successful connection of the Ada solar park to the grid may encourage further investments in Serbia's renewable energy sector. It sets a precedent for future projects and can attract both domestic and international investors interested in sustainable energy development. Technological Advancement and Innovation: The implementation of advanced solar technologies in the Ada solar park can serve as a model for future projects in Serbia. It showcases the potential for innovation in the renewable energy sector and encourages the adoption of cutting-edge technologies to maximize efficiency and output. Community and Regional Development: The Ada solar park can stimulate regional development by providing a reliable source of clean energy. It can also foster community engagement and awareness about the benefits of renewable energy, promoting a culture of sustainability and environmental responsibility.

important to the U.S., particularly Egypt and the Suez Canal. Israel would remain an important ally, said Overland, adding: “Logically, apart from

continuous with possible factors in Europe, America, Asia, Australia and also Israel. Along with CIP's very own dedications, the fund's last pot might reach

has a premium 96 Composite Rating and also a strong 89 EPS Rating. This Israel-based company makes solar items for residences and companies. That includes

Israel’s Nofar Energy has agreed to acquire Aviv Renewable Investment, a project company developing a 160-MW solar photovoltaic project in Giurgiu County, Romania. The acquisition involves purchasing 100% of Aviv's shares, though financial details and the seller's identity remain undisclosed. This new project is located near Nofar's previously acquired Iepuresti solar site, touted as a significant renewable energy investment in Romania.Nofar’s Romania CEO highlighted the company’s ongoing expansion in the region, recently securing financing from the European Bank for Reconstruction and Development and Raiffeisen Bank International to support the construction of both the Iepuresti and the new Ghimpati solar projects. What recent expansion efforts is Nofar Energy undertaking in Romania’s solar market? Nofar Energy is actively expanding its footprint in Romania's solar market through several strategic initiatives. Here are some highlights of their recent expansion efforts:- Acquisition of Aviv Renewable Investment: Nofar Energy's acquisition of Aviv Renewable Investment emphasizes its commitment to expanding its solar portfolio in Romania. This acquisition includes a 160-MW solar photovoltaic project, enhancing Nofar’s operational capacity in the region.- Strategic Location: The newly acquired project is situated in Giurgiu County, close to Nofar’s existing Iepuresti solar site. This geographical proximity is anticipated to streamline operations and facilitate management of multiple projects within the region.- Secured Financing: Nofar recently secured significant financing from reputable financial institutions, including the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International. This funding is aimed at supporting the construction of both the Iepuresti and Ghimpati solar projects, signaling strong investor confidence in Romania’s renewable energy landscape.- Emphasis on Renewable Energy Development: Nofar’s expansion aligns with Romania's broader goals of increasing renewable energy generation and reducing carbon emissions. The company’s efforts contribute to the nation's transition towards a more sustainable energy system.- Enhancing Local Job Creation: The development of solar projects not only increases energy output but also fosters local job creation. Nofar’s expansion initiatives are likely to provide employment opportunities in construction, maintenance, and operation of the solar facilities.- Technological Advancements: Nofar Energy is expected to implement cutting-edge solar technology in its ongoing projects. This may include innovative photovoltaic systems and efficiency-enhancing solutions, setting a benchmark for future renewable energy developments in Romania.- Community Engagement: As part of its expansion strategy, Nofar may focus on engaging with local communities, ensuring that residents understand the benefits of renewable energy, and addressing any concerns related to project development.- Long-term Sustainability Goals: Nofar’s expansion in Romania is part of a broader strategy to achieve long-term sustainability goals by increasing reliance on clean energy sources. The company may be exploring partnerships with local governments and stakeholders to further its mission.These strategic initiatives reflect Nofar Energy's proactive approach to enhancing its presence in the Romanian solar market and contributing to the country's renewable energy ambitions.

in OECD markets, a group spanning Europe, the US, Turkey, Australia, Japan, Israel, Chile and others. In principle, the fund’s US$2.5 billion pot will be

market as well as penciled a handle EDF to service renewables projects in Israel. With the preliminary success of the PT PJBI collaboration in Indonesia, Al