Rye Development and Copenhagen Infrastructure Partners, through its Flagship Fund CI V, have announced that the Federal Energy Regulatory Commission (FERC) has issued a 40-year licence for the Goldendale energy storage project in Washington. Once operational, the closed-loop hydropower pumped storage project (PSP) is designed to store electricity for up to 12 hours and deliver 1,200 MW of on-demand power.
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Estuary Power has completed all phases of the Escape Solar and Storage project in Lincoln county, Nevada, reaching final completion in December 2025. The project has 185 MW of solar capacity along with 400 MWh of battery storage. Construction of the solar plants was carried out by Bechtel Infrastructure and Power Corporation. Power from the project is being supplied to four customers in Nevada under long-term arrangements.
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Lightsource bp and Toyota Motor North America have concluded a 15-year virtual power purchase agreement (VPPA) linked to electricity from the 231 MW Jones City 2 solar project in Texas, US. The project forms part of the larger Jones City energy center and entered the construction phase in spring 2025. The Jones City energy center has a cumulative capacity of 700 MW.
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Pattern Energy Group has entered into a definitive agreement to acquire Cordelio Power, an independent power producer operating in Canada and US. Under the agreement, Pattern Energy will acquire an operating and under-construction renewable portfolio of 1,550 MW from Cordelio Power. This portfolio comprises 16 wind, solar, and energy storage projects located across Canada and the US.
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Austin Energy has entered into an agreement with Jupiter Power to supply up to 100 MW of electricity from a utility-scale battery energy storage system (BESS) project in Houston, Texas. The contract is valued at approximately $14.4 million per year, with a duration of up to 20 years. This amounts to a total of around $288 million over the contracted period. The BESS will store electricity during low-demand periods and release it when demand peaks.
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Meta has entered into a new power purchase agreement (PPA) with ENGIE to offtake the entire output from a 600 MW solar project in the US. The agreement pertains to ENGIE’s Swenson Ranch solar farm, located in Stonewall County, Texas, which is scheduled to be commissioned in 2027. Under the PPA, Meta will source 100 per cent of the electricity generated from the project to power its data center operations across US.
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Eolian has secured a $463 million financing package, arranged by Natixis Corporate & Investment Banking, to advance the construction of its Padua 2 and Padua 3 battery energy storage system (BESS) projects in Bexar County, Texas. The financing includes construction, term loan, and letter of credit facilities, ensuring both projects progress on schedule for commissioning between winter and spring 2026.
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Nexamp has closed a three-year $330 million construction warehouse facility (CWF) with a consortium of financial institutions to develop, construct, and finance around 20 distributed generation assets across US. The financing will facilitate the addition of more than 120 MW of new clean energy capacity to the national grid. The CWF provides flexible construction capital for Nexamp’s upcoming solar and battery energy storage projects.
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Deriva Energy, along with its joint venture partner Manulife Investment Management, has announced an agreement to sell an operational solar portfolio of 833 MWdc to Clearway Energy, Inc. TD Securities served as the exclusive financial advisor to Deriva Energy and Manulife Investment Management for this deal. The transaction is expected to conclude by the second quarter of 2026.
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Entergy Arkansas has announced plans to supply power for Google’s proposed $4 billion technology investment in Arkansas. The investment will include the establishment of a new data center in West Memphis, marking Google’s first facility in Arkansas. The data center will draw power from Entergy Arkansas’s existing generation and transmission infrastructure. The project is expected to generate more than $1.1 billion in net benefits.
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Flatiron Energy has closed financing of about $540 million from multiple financial institutions for the 200 MW/800 MWh Taft battery energy storage system (BESS) project in Uxbridge, Massachusetts. The project is expected to begin commercial operations in late 2026. The financing package includes construction and bridge loans, term loans, letter of credit facilities, a preferred equity commitment, and a tax credit transfer commitment.
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Plus Power has commenced operations of its Cranberry Point Energy Storage facility in Carver, Massachusetts. The standalone utility-scale battery energy storage system (BESS) project has a capacity of 150 MW/300 MWh. It is spread across 6 acres and is connected to Eversource’s Carver 115 kV substation, which links to a major north-south transmission line carrying power to Boston.
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Georgia Power has received approval from the Georgia Public Service Commission (PSC) for five new utility-scale solar power purchase agreements (PPAs) under the Clean and Renewable Energy Subscription (CARES) 2023 programme. These projects, with a cumulative capacity of 1,068 MW, will be developed and operated by third-party companies selected through the CARES 2023 Request for Proposal.
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The national government has announced the results of the Alma-GBA tender for battery energy storage systems (BESS) projects in the Buenos Aires Metropolitan Area (AMBA). A total capacity of 667 MW has been awarded, exceeding the initial target of 500 MW. A total of 15 companies submitted 27 projects amounting to a capacity of 1,347 MW. The awarded project will sign contracts with distributors Edenor and Edesur.
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The US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has directed Revolution Wind LLC, a joint venture of Ørsted and Global Infrastructure Partners’ Skyborn Renewables, to stop activities on the outer continental shelf related to the Revolution Wind project. Revolution Wind has begun implementing the order. At present, the project is about 80 per cent complete.
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Silicon Ranch has partnered with Central Electric Power Cooperative (CEPC) to develop a 100 MW solar facility in Orangeburg County, South Carolina. The project will support Meta’s data center in the state and contribute to its renewable energy commitments. Both the solar project and Meta’s data center are scheduled to be operational in 2027. Silicon Ranch will be funding, as well executing the project on a build, own, and operate basis.
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Nextracker has secured an order from Casa dos Ventos to supply 1.5 GW of its NX Horizon-XTR all-terrain and NX Horizon solar tracker systems for a portfolio of four new utility-scale solar and solar-wind hybrid projects in Brazil. The projects include Babilônia Sul (117 MW), Babilônia Centro (226 MW), Seriemas (540 MW), and Rio Brilhante (680 MW). This is reportedly Casa dos Ventos’s first utility-scale solar project.
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Portland General Electric (PGE) has completed three utility-scale lithium-ion battery energy storage systems (BESS) projects with a total capacity of 475 MW and over 1.9 GWh of dispatchable energy. The projects, located at key substations in North Portland, Troutdale and Hillsboro, are designed for four-hour operation and can supply electricity to about 300,000 homes during peak demand or supply disruptions.
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Pine Gate Renewables and Meta have signed a renewable purchase agreement for a 210 MW solar energy project. The project, named Magnolia Solar, is located near Seguin, Texas. This marks the fourth collaboration between the two companies. Magnolia Solar is expected to begin commercial operations in 2026 and will contribute to Meta’s clean energy targets by supporting its operations with renewable electricity.
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The US Bureau of Ocean Energy Management (BOEM) has rescinded all designated wind energy areas (WEAs) on the US Outer Continental Shelf (OCS). This action aligns with Secretary’s Order 3437 and the Presidential Memorandum dated January 20, 2025, which temporarily withdraws all areas on the OCS from offshore wind leasing and calls for a review of the federal government’s leasing and permitting practices for wind projects.
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