Recurrent Energy has reached commercial operations of the Papago Storage facility. The facility has a capacity of 1,200 MWh and is situated in Maricopa County, Arizona. Furthermore, the project is the first of three Recurrent Energy projects with tolling agreements in place with APS to become operational. Together, the three projects will provide 1,800 MWh of battery storage capacity and 150 MWac of solar generation.
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The New Jersey Board of Public Utilities (NJBPU) has approved phase 1 of the Garden State Energy Storage Program (GSESP). It is a multi-phase program designed to deploy 2,000 MW of energy storage by 2030. The program aims to expand the amount of grid-scale energy storage capacity in New Jersey. Phase 1 of the program will procure at least 1,000 MW of larger projects directly connected to the main power grid through competitive bidding.
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rPlus Energies has secured the close of tax equity financing commitment with RBC Community Investments and a syndicate of investors. The tax equity financing commitment exceeds $500 million and will support the Green River Energy Center, situated in Emery County, Utah. It is a solar-plus-storage project. The Green River Energy Center includes 400 MWac of solar PV and 400 MWac/1,600 MWh of battery storage.
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Waaree Solar Americas, a wholly owned US subsidiary of Waaree Energies Limited, has inked a 586 MW solar module supply agreement with a US-based independent power producer. The project is valued at $176 million. The modules will be manufactured in the company’s facility in Brookshire, Texas, and are scheduled for delivery during the financial year 2026-27 across four projects. The modules will leverage several domestically produced components.
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Boralex has entered into a renewable energy standard agreement with the New York State Energy Research and Development Authority (NYSERDA). Under this agreement, Boralex will procure Tier-1 renewable energy certificates (RECs) from its 250 MW Fort Covington solar project and 200 MW Two Rivers solar project. The projects have a total capacity of 450 MW. The solar projects are situated in New York.
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Construction activities for the Empire Wind offshore wind project are set to resume following the lifting of a stop work order by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM). The stop work order issued on April 16, 2025 and has now been withdrawn after engagement between various federal, state, and municipal authorities.
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Aypa Power has secured $535 million in debt financing to support the development of its Vidal hybrid renewable energy project, located in San Bernardino County, California. The project comprises a 160 MW solar photovoltaic facility co-located with a 160 MW/640 MWh battery energy storage system (BESS). The project is scheduled to become operational in 2026.
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Cypress Creek Renewables has announced the financial closure and commencement of construction for its 104 MW Ostrea Solar project, located in Yakima County, Washington. The project’s construction began in February 2025 and is slated to achieve commercial operation by mid-2026. PCL Construction’s solar division (PCL Solar) served as the EPC contractor
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Clearway Energy Group has entered into a long-term power purchase agreement (PPA) with Microsoft for the 335 MW Mount Storm wind farm in West Virginia. This project will help Microsoft meet its sustainability and decarbonisation targets by supplying carbon-free energy. The project will be built with American-made equipment.
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Zelestra has secured a $113 million project financing credit facility for its 81 MWdc Jasper County Solar Project in Jasper County, Indiana. The project already has a long-term environmental attributes purchase agreement (EAPA) with Meta. The project is expected to be fully operational in the fourth quarter of 2025.
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The Ministerio de Energía or Ministry of Energy of Chile, published the final Planificación Energética de Largo Plazo (PELP) or Long-Term Strategic Planning (PELP) 2023-27 on April 22, 2025, which is in accordance with Articles 83-86 of the Ley General de Servicios Eléctricos (LGSE) or General Law of Electric Services. PELP is a public policy instrument released every five years to ensure sustainable, resilient, and fair development of Chile’s power sector.
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Spearmint Energy has secured over $250 million in financing for two 100 MW/200 MWh battery energy storage systems (BESS). These are the Tierra Seca and Seven Flags projects situated in Del Rio and Laredo, respectively within Texas’s ERCOT power market. Furthermore, this financing includes $59 million in construction-to-term loan facilities provided by Manulife and $95 million in tax equity bridge loan facilities provided by East West Bank.
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Sunraycer Renewables (Sunraycer) has reached the closing of a $475 million project financing facility with MUFG Bank, Ltd., Nomura Securities International, and Norddeutsche Landesbank Girzonentrale. This brings the total amount raised by Sunraycer to $675 million over the last six months. This financing facility is split between a construction-to-term loan and a tax credit bridge loan. The projects in total have 241 MWac of solar and 125 MWac of storage capacity
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TotalEnergies has completed the acquisition of three renewable energy portfolios across Europe, Africa, and Canada. This includes the acquisition of VSB Group and SN Power for projects in Europe and Africa. It also consists deals with RES for acquiring renewable energy projects in Alberta. The acquisition of VSB Group comprises 500 MW installed or under construction capacity and a pipeline of more than 15 GW of solar and wind projects.
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Avangrid has achieved commercial operations of the True North Solar project. This is a 238 MW solar project situated in Texas, US. The solar project will deliver energy to the Texas Grid. It will also support Meta’s operations, including its upcoming data center facility in Texas. Furthermore, the True North Solar project represents a $369 million investment in central Texas. Additionally, the project will contribute $40 million in property taxes throughout its lifetime.
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DTE Energy has issued a request for proposal (RFP) for standalone energy storage projects with a capacity of approximately 450 MW. These projects will support DTE Electric’s CleanVision Integrated Resource Plan and Michigan’s goal of achieving 60 per cent renewable energy by 2030. These projects must be located in Michigan and connected to the Midcontinent Independent System Operator (MISO) or distribution-level transmission.
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Arevon Energy has achieved a $509 million financial close for the 430 MW Kelso 1 & 2 solar projects. These projects are located in Scott County, Missouri. The Kelso Solar facilities will be developed and operated by Arevon Energy. This $509 million financing package consists of a $245 million bridge loan, a $172 million construction loan, and $92 million of credit support.
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The board of managers for Pennsylvania-based PJM Interconnection, on February 25, 2025, approved a set of about $5.9 billion in transmission projects across Indiana, West Virginia, Virginia, Ohio, and Maryland, to bolster reliability across the grid operator’s footprint. These projects should be in service by 2029, and are in the early stages of development and do not have a firm timeframe yet for permitting, regulatory approvals, and construction.
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OCI Energy and Arava Power have formed a joint venture (JV) to develop a 260 MWac solar farm. This project is called SunRoper and is situated in Wharton County, Texas. The project will provide clean energy to a region with one of the highest electricity demands in Texas and US. Furthermore, the solar farm will utilise the expertise of the two companies to help reduce emissions and provide affordable electricity. It will also support local economic growth through job creation and other investments in the region.
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TMEIC Corporation Americas which is a subsidiary of TMEIC Corporation (Japan) has commenced production of photovoltaic (PV) inverter manufacturing facility in Waller County, Texas. This is a 144,000 sq ft facility and it started manufacturing utility-scale PV inverters in November 2024. It surpassed the initial production expectations and manufactured over 300 PV inverters by February 5, 2025.
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