Europe’s ‘largest’ VPP: German clean energy company 1KOMMA5° has announced connection of more than 500 MW of flexibility capacity via its artificial intelligence (AI)-powered Heartbeat software in what it claims to be the largest virtual power plant (VPP) for private households in Europe. This comprises close to 50,000 connected, decentralized energy systems in Germany, Denmark, Sweden, and the Netherlands. It says that the Heartbeat AI is able to cover the baseload of more than 1 million buildings. 1KOMMA5° explains that Heartbeat AI optimizes the interaction of batteries, heat pumps, air conditioning systems and EV chargers ‘in line with the rhythm’ of wind and solar power, storing electricity fully automatically when it is cheap. It then uses this electricity later or sells it to the grid when prices are particularly high. This tool can reduce household electricity costs by up to €0.7 cents ($0.79)/kWh.
By 2030, 1KOMMA5°aims to provide a total of close to 20 GW of power which will reduce demand for new gas-fired power plants. To this end, the company says it will further open up Heartbeat AI to more than 16 million private homes in Germany.
Solveo secures €98 million: French independent power producer (IPP) Solveo Energies has secured €98 million ($111.1 million) in a fundraising round led by Natixis Investment Managers affiliate Mirova. This will enable the company’s ongoing efforts to move from development to commissioning of its projects. By 2030, it aims to reach 800 MW of installations in service with an investment of nearly €875 million ($992 million).
£170 million for ADE: AGP Sustainable Real Assets-backed AMPYR Distributed Energy (ADE) has raised £170 million ($229 million) debt facility to support its commercial and industrial (C&I) solar and battery energy storage system (BESS) projects in the UK. This Crédit Agricole CIB (CACIB) facility can be drawn for construction and operating assets across both these technologies. Since its inception in January 2024, ADE has contracted over 50 MW of renewable energy capacity across 50 sites in the country.
9 MW solar farm commissioned in France: Q ENERGY and Velto Renewables have commissioned a 9 MW solar farm on land left fallow for more than 65 years which was ineligible for agricultural subsidies. The La Gineste project had been in development for more than a decade as the of 14 years was caused by the late commissioning of the regional electrical substation in Conques-sur-Orbiel and supply chain disruptions caused by the COVID-19 pandemic and the war in Ukraine. It will now generate solar power from more than 15,200 modules on land that is being used by local farmer for livestock grazing and doubles up as a stable source of income. One of the winners of the 2022 call for tenders by France’s Commission de Régulation de l’Énergie (CRE) that attracted historically low tariffs, the project’s economics were hampered as inflation made those terms unsustainable. “It wasn’t until March 2024—when a new, more viable tariff was secured through another CRE tender—that construction could finally proceed,” stated the project partners.
102 MW Hi-MO X10 modules for Finnish project: Chinese solar PV manufacturer LONGi has signed a strategic partnership with a Finnish energy company for its 102 MW Hi-MO X10 back contact (BC) solar modules. LONGi says this is a significant milestone for its Nordic presence. These modules will be installed for hospitals, schools, shopping centers and warehouses.
Jinko ESS deals in Europe: Chinese energy storage company and part of JinkoSolar, Jinko ESS has signed a 100 MWh energy storage project in Greece for its G2 5MWh liquid-cooled energy storage systems (ESS). These are configured for 4-hr long-duration storage. It will deploy 20 of these sets across 20 distinct project sites throughout Greece, with deliveries starting in mid-November 2025.
The company has also secured a 150 MWh project in Germany to deploy 30 of its G2 units, integrated into 20-foot standardized containers. Deliveries are scheduled from late October to mid-November 2025.
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