IPX Power has secured $4.95 billion in committed financing for the construction and operation of the Darden solar and storage projects located in Fresno County, California. The project will feature 1.15 GWac of solar capacity and 4.6 GWh of battery energy storage (BESS). Commercial operations for the project are expected to commence in 2028.
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EDF has signed an agreement under which KKR has agreed to acquire the US and Canadian operations and assets of EDF power solutions. The agreement is subject to regulatory approvals and employee consultation procedures. The agreement also grants EDF power solutions the option to sell these assets under the agreed terms. As of March 2026, EDF operates a renewable energy portfolio with a total net installed capacity of 5.6 GW across US and Canada.
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Matrix Renewables has closed a $1.3 billion financing package for a US portfolio comprising 859 MWdc of solar and 167 MWh of battery energy storage projects (BESS) across Texas, California, and Idaho. The transaction includes over $470 million in construction-to-term loans, around $400 million in tax equity bridge financing, and approximately $100 million in letters of credit.
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MN8 Energy has commissioned two utility-scale solar projects totaling 260 MWac of capacity. These projects have long-term power purchase agreements (PPAs) with Microsoft. The projects include the 120 MW Long Point solar project in Texas and the 140 MW American Beech project in North Carolina. The Long Point project supplies renewable power to ERCOT’s Houston load zone, while American Beech supplies renewable power into the PJM market.
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Voltus has signed a three-year bring your own capacity (BYOC) agreement with Google. Under the agreement, Voltus will aggregate up to 100 MW of distributed energy resources annually across the PJM grid region. The Google-funded virtual power plant will combine assets such as batteries, smart thermostats, and other flexible energy resources from homes and businesses.
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SEG Solar has announced plans to build a 4.6 GW solar module manufacturing facility in Greater Houston, Texas. The facility will increase SEG’s US solar module manufacturing capacity to 10.6 GW and will support next-generation heterojunction (HJT) solar module production. The facility’s construction is expected to be completed by March 2027 with commercial operations commencing in May 2027.
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Zelestra has completed the sale of its Latin America platform to Promigas in a transaction valued at approximately $1.1 billion, including project finance debt. The transaction covers Zelestra’s operations in Chile, Peru, and Colombia. The acquired portfolio comprises around 3,500 MW of operational, under construction, or in development renewable energy projects.
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Ford Motor Company, a subsidiary of Ford Energy andEDF Power Solutions North America have signed a five-year framework agreement for large-scale battery energy storage (BESS) procurement in US. Under the agreement, EDF may procure up to 4 GWh of DC Block BESS annually from Ford Energy. The partnership represents a total potential deployment volume of up to 20 GWh over the five-year term.
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SEG Solar has announced plans to establish a 4 GW solar module manufacturing facility in Houston, US. The facility represents an investment of more than $200 million, expanding SEG’s total annual US solar module production capacity to approximately 6 GW. The facility is expected to commence operations in the third quarter of 2026. Furthermore, the expansion follows SEG’s plans for a 5 GW ingot and wafer manufacturing facility in Indonesia, strengthening its fully integrated solar supply chain across ingots, wafers, and cells.
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The New York State Energy Research and Development Authority (NYSERDA) has launched the 10th annual Renewable Energy Standard solicitation, RESRFP26-1, to accelerate clean energy deployment across New York. The solicitation, issued on April 24, 2026, seeks Tier 1-eligible renewable energy certificates (RECs) from projects with a near-term path to commercial operation. The procurement process will follow a two-step structure comprising a step one eligibility application and a step two competitive bid proposal process.
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Vestas has secured a 186 MW turbine order from EDF Power Solutions North America for the Forêt Domaniale Wind Project. The order includes 28 EnVentus V162-6.2 MW wind turbines and 2 EnVentus V162-6.0 MW along with a 10-year AOM 5000 service agreement. Turbine delivery is expected in the second quarter of 2027, with commissioning expected in the fourth quarter of 2027.
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Copenhagen Infrastructure Partners (CIP) has issued the final notice to proceed (FNTP) for the Patache BESS project, marking its official construction. The project is located in Iquique, Chile. The project has a 300 MW/1,500 MWh capacity. The project is being managed through CIP’s Growth Markets Fund II. The project builds on CIP’s 1,100 MWh Arena BESS project in the Antofagasta region.
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Suniva plans to establish a 4.5 GW solar cell manufacturing facility in Laurens, South Carolina. The facility is expected to open in the second quarter of 2027. The 620,000 sq. ft. facility represents an investment of over $350 million which along with Suniva’s existing Atlanta facility will raise the company’s total U.S. solar cell manufacturing capacity to over 5.5 GW annually.
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Dimension Energy has secured $650 million in construction and term financing to support a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey, and Illinois. The funding consists of $415 million in debt financing provided by First Citizens Bank, MUFG, ING Capital LLC, and National Bank of Canada. Franklin Park contributed $235 million in tax equity for the project.
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The US Department of Energy (DOE), through its Office of Electricity, announced on March 12, 2026, a $1.9 billion notice of funding opportunity to accelerate upgrades to the US electric transmission system. The initiative, called Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades (SPARK), aims to modernise the US power grid to meet rising electricity demand.
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Google has partnered with DTE Energy to develop a new data centre in Michigan, supported by a commitment to enable 2.7 GW of new clean energy resources for the local grid. The project is structured to supply round-the-clock clean power directly to the grid, with a site in Van Buren township currently under evaluation. The data centre’s electricity demand will be met through solar power and advanced energy storage technologies.
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The 274 MW Madawaska wind project in Quebec has reached financial close, enabling the start of construction. The project is being developed by EDF power solutions Canada, Alliance de l’énergie de l’Est, and Société de gestion éolienne de la Madawaska Inc. Financing has been arranged through a consortium comprising Canadian Imperial Bank of Commerce, National Bank of Canada, Desjardins Group, and KfW IPEX-Bank.
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Arevon Energy, Inc. has commenced operations at the 430 MWdc Kelso solar project located in Scott county, Missouri. The company developed and constructed the project and will also own and operate it. It represents an investment of more than $500 million. The project has been developed in two phases. It is expected to generate sufficient electricity to supply power to more than 62,000 homes annually.
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The Energy Secretariat of the Ministry of Economy of the Nation of Argentina has announced a national and international call for proposals to deploy battery energy storage systems (BESS) projects at critical nodes across Argentina. The current phase targets the installation of 700 MW of BESS capacity with an estimated investment of $700 million. CAMMESA will oversee the bidding and implementation process.
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Enel S.p.A., through its subsidiaries Enel Green Power North America and EGPNA Project Holdco 2, has signed agreements with Excelsior Energy Capital to acquire a 830 MW renewable energy portfolio in US. The portfolio comprises wind and solar plants with an average annual output of 2.1 TWh. The transaction is expected to close in the third quarter of 2026, subject to certain conditions precedent, including regulatory approvals.
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