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FINWIRES

Engie Boost Renewables, Battery Storage Rollout in Q1

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-- Engie reported Q1 earnings on Thursday, showing that total renewable and storage capacity reached 57.7 gigawatts, up 0.6 GW from the end of 2025.

The utility firm said 93 projects representing 6.6 GW are under construction.

Engie acquired two BESS projects in Andalusia, in Spain, with a combined capacity of 278 MW and 1.1 gigawatt-hours.

The company launched construction of its first battery storage facility in Castelnau d'Aude, France, with a capacity of 110 MW/220 MWh. The firm expanded its BESS footprint in Europe to over 1 GW across eight countries, including projects already operating or under construction.

Engie signed a power purchase agreement with the Egyptian Electricity Transmission Company for a 900 MW onshore wind farm, while its Ass Sol photovoltaic complex in Brazil entered full commercial operation in February, with a total capacity of 753 MW across 16 solar plants.

The company's Local Energy Infrastructure division also expanded its footprint, with 586 projects in its portfolio in Q1, up 17 from year-end 2025 and on track toward its target of 800 projects by 2030.

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