Grenergy Secures 2.6 GWh Batteries for Chile Storage Platform
Spanish renewable energy company Grenergy has signed an agreement with BYD Energy Storage to procure 2.6 GWh of battery energy storage systems (BESS) for its Central Oasis platform in central Chile. The deal includes 468 MC Cube-T batteries, which will be deployed across 4 project phases – Gran Teno (241 MW solar and 939 MWh storage), Planchón (108 MW solar and 402 MWh storage), Tamango (49 MW solar and 168 MWh storage), and Monte Águila (34 MW solar and 1.1 GWh storage). The first shipment of 168 batteries for the Gran Teno plant has already departed from Da Chan aboard the vessel Star Loen, with arrival expected in mid-April, while foundation works for installation are underway. Grenergy said the Central Oasis platform, with an estimated $900 million investment, aims to replicate the solar-plus-storage model used in its Oasis de Atacama project, with operations expected between 2026 and 2027.
Recently, the company completed a green bond issue on Spain’s Alternative Fixed-Income Market (MARF) for up to €170 million. Part of its green bond program of up to €250 million, the proceeds will enable it to diversify its funding sources and strengthen its liquidity position. It plans to deploy these funds to drive growth and international expansion, especially for the development of energy storage projects over the next 24 months. In February 2026, Grenergy raised $355 million to support 398 MW solar and 1.4 GWh storage capacity for the Central Oasis project (see Latin America Solar PV News Snippets).
Transgrid Targets Up to 2 GW of Grid-Forming Batteries in NSW
Australia’s transmission operator, Transgrid, has shortlisted 9 battery projects, representing a combined capacity of 2 GW to provide system strength services to the New South Wales (NSW) transmission network. Commercial operations are scheduled to begin this year. The projects were selected following technical modelling to identify required capacity and priority locations for an initial procurement round. Once the final negotiations are over, selected projects will start to come online in H2 2026.
According to Transgrid, contracting 3rd-party owned batteries will help strengthen the grid while avoiding the costs associated with new generation assets or major network upgrades. The company said the initial procurement focuses on batteries that are already operating or in advanced development stages in targeted areas of the network. Transgrid aims to secure up to 5 GW of stabilizing services from 3rd-party batteries by 2033 to support grid stability and enable higher renewable energy integration.
NeoVolta Secures 1st Order under Luminia Collaboration
NeoVolta, the US-based energy storage company, has received its maiden purchase order from Luminia LLC under a strategic supply collaboration announced in December 2025. The order, worth about $1.9 million, covers 40 units of NeoVolta’s NVGAIN-125K261 commercial and industrial (C&I) BESS. It is the partnership’s 1st commercial transaction.
The collaboration could lead to supply opportunities of up to 160 MWh of storage systems, representing around $39 million in potential equipment revenue, says NeoVolta. With this transaction, NeoVolta also forays into the C&I segment with further supply expected as its Georgia manufacturing facility ramps production by mid-2026.
Sungrow and Herholdt’s Partner on 1.15 GWh C&I Battery Rollout in South Africa
Sungrow has signed an agreement with South Africa’s Herholdt’s Group to deploy 1,155 MWh of C&I BESS across the country. Under the partnership, Herholdt’s – Sungrow’s official distribution partner in South Africa – will roll out the storage systems in phases to support a range of C&I applications. The projects are aimed at improving energy reliability for businesses while enabling greater integration of renewable energy, said Sungrow. The company says this marks a significant step in its expansion in the South African market, where demand for flexible energy solutions is rising among businesses.
European Commission Clears EPH-TotalEnergies JV
The European Commission has approved the creation of a joint venture (JV) between Energetický a průmyslový holding (EPH) and TotalEnergies SE under the EU Merger Regulation. The JV will focus on the energy sector, particularly the flexible power generation market across Italy, the Netherlands, Ireland, the UK, and France. The Commission said the transaction does not raise competition concerns because the companies’ combined market positions are limited and the deal is unlikely to significantly affect market structure.
Lyten to Study Industrial Hub Development in Poland
Lyten, the US-based energy storage company, has announced plans to establish a Lyten Industrial Hub in Gdańsk, aimed at supporting energy infrastructure, artificial intelligence development, and the defense sector. The company will conduct a feasibility study in 2026 to assess manufacturing requirements, potential partnerships, and energy and utility infrastructure for the project. The proposed hub would be built around Lyten Dwa, its battery energy storage production plant and R&D center in the city. The announcement follows Lyten’s first industrial hub project in Skellefteå, announced in February 2026, which combines battery manufacturing with a planned 1 GW AI data center campus. Lyten said its industrial hubs aim to integrate advanced materials, battery storage systems, and digital infrastructure to support growing demand from AI, power systems, and defense applications.