Category: News America

Heelstone secures $200 million for renewables expansion in US

Heelstone secures $200 million for renewables expansion in US

January 15, 2026 | ,

Heelstone Renewable Energy, a Qualitas Energy company, has closed a $200 million senior secured corporate credit facility in US. The facility is intended to support the company’s growing portfolio of utility-scale renewable projects, which includes more than 5 GW of solar, wind, and battery energy storage system assets. The financing was led by Deutsche Bank. PEI Global Partners acted as the exclusive financial advisor to Heelstone.

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Treaty Oak begins construction on two solar projects in Louisiana 

Treaty Oak begins construction on two solar projects in Louisiana 

January 12, 2026 | , ,

Treaty Oak Clean Energy has closed financing and begun construction on two solar projects in Louisiana, together adding 385 MW of renewable capacity. The projects include the Beekman solar project in Morehouse Parish and the Hollis Creek solar project in Sabine Parish. The electricity generated from both projects will be supplied to Meta Platforms through long-term offtake arrangements.

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EDPR secures PPA for 150 MWac solar project in Illinois

EDPR secures PPA for 150 MWac solar project in Illinois

January 9, 2026 | , ,

EDP, S.A., through its subsidiary EDP Renováveis, S.A. (EDPR), has secured a 30-year power purchase agreement (PPA) with Consumers Energy Company for electricity generated from a 150 MWac, or 209 MWdc, solar project in Clark County, Illinois, US. Completion of the transaction remains subject to regulatory clearance from the Michigan Public Service Commission. The solar project is scheduled to commence operations in 2027.

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Duke Energy commissions integrated green hydrogen system in Florida

Duke Energy commissions integrated green hydrogen system in Florida

January 9, 2026 | , ,

Duke Energy Florida has unveiled an integrated green hydrogen production, storage, and combustion system in Volusia County, Florida. The DeBary production storage system uses renewable energy from a 74.5 MW solar plant which powers two 1 MW electrolyser units. The system supplies hydrogen to a recently upgraded GE Vernova gas turbine that can run on natural gas-hydrogen blends of high percentage hydrogen.

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Spearmint Energy bags equity investment for 400 MWh BESS projects in Texas

Spearmint Energy bags equity investment for 400 MWh BESS projects in Texas

January 8, 2026 | , ,

Spearmint Energy has closed an equity investment with Kyuden International Corporation for two battery energy storage system (BESS) projects in Texas. The investment covers the Tierra Seca and Seven Flags projects, each with a capacity of 100 MW/200 MWh, located in Del Rio and Laredo, respectively. Together, the two projects add 400 MWh of battery storage capacity to ERCOT. 

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SolarMax bags EPC contracts for BESS projects in Puerto Rico 

SolarMax bags EPC contracts for BESS projects in Puerto Rico 

January 6, 2026 | , ,

SolarMax Technology, Inc., through its wholly owned subsidiary SolarMax Renewable Energy Provider, Inc., has entered into two engineering, procurement, and construction (EPC) agreements with Yabucoa BESS LLC and Naguabo BESS LLC. The agreements cover utility-scale battery energy storage system (BESS) projects located in Humacao, Puerto Rico, and Ceiba Municipality, Puerto Rico.

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Ariguaní solar park in Colombia receives approval

Ariguaní solar park in Colombia receives approval

January 6, 2026 | , ,

The Ariguaní Solar Park, planned with a capacity of 200 MW, has received environmental approval from Colombia’s National Environmental Licensing Authority (ANLA), enabling the project to move forward under the applicable regulatory framework. The project is being developed by Xuenergy FV SAS. It is located in the Los Cerrajones district of the municipality of Chiriguaná in the Cesar department.

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Energy Vault begins construction of SOSA Energy Center in Texas

Energy Vault begins construction of SOSA Energy Center in Texas

January 5, 2026 | , ,

Energy Vault Holdings, Inc. has begun construction of the SOSA energy center, a 150 MW/300 MWh battery energy storage system (BESS) project located in Madison County, Texas, within the ERCOT North market. The project was initially developed by Savion, a Shell plc subsidiary, and was acquired by Energy Vault in the fourth quarter of 2025. Commercial operations for the project are expected in the second quarter of 2027

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PowerBank secures loan for solar and storage projects in New York

PowerBank secures loan for solar and storage projects in New York

January 2, 2026 | , , ,

PowerBank Corporation has entered into a loan agreement with NY Green Bank for a revolving credit facility with an initial principal amount of up to $8 million. The financing will be used to fund interconnection deposits required by utilities to complete the grid interconnection process for solar and battery storage projects in the state of New York. These deposits are refundable if a project does not reach commercial operation.

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IFC invests in Central Puerto’s hydro and BESS projects in Argentina

IFC invests in Central Puerto’s hydro and BESS projects in Argentina

December 30, 2025 | , ,

The International Finance Corporation (IFC) has announced an investment in Central Puerto S.A., an electricity generation company in Argentina, to support projects aimed at improving the reliability and flexibility of the national power system. The financing package amounts to about $300 million and will be used to acquire shares in the 1,440 MW Piedra del Águila hydropower plant.

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Novo Oriente solar complex in Brazil begins full commercial operations

Novo Oriente solar complex in Brazil begins full commercial operations

December 30, 2025 | , ,

The Ministry of Mines and Energy of the Brazilian government has announced that the Novo Oriente photovoltaic complex, located in Ilha Solteira, São Paulo, Brazil, has entered full commercial operation. This milestone was achieved following the commissioning of its final plant in December 2025. With this commissioning, the entire solar park now operates at its complete installed capacity of 254.5 MW.

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Madawaska wind project in Canada receives government approval

Madawaska wind project in Canada receives government approval

December 29, 2025 | , ,

The Madawaska wind project has received government authorisation, enabling the continuation of final permitting and approval processes. The project is being developed through an equal partnership between EDF solutions électriques, the Alliance de l’énergie de l’Est L.P., and Société de gestion éolienne de la Madawaska Inc. The project will comprise 45 wind turbines with a combined installed capacity of 274 MW.

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Colombia launches CfP for pilot-testing of hydrogen technologies

Colombia launches CfP for pilot-testing of hydrogen technologies

December 26, 2025 | , ,

The Ministry of Mines and Energy of the Government of Colombia has launched a nationwide call for proposals (CfPs) to support pilot-scale testing of low-emission hydrogen technologies across the country. The initiative aims to identify, assess, and implement hydrogen technologies in real operational conditions, with a focus on mobility, industry, and energy generation. Applications are open for 20 calendar days from December 23, 2025.

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CPV Renewable Power commences operation of solar project in Maryland

CPV Renewable Power commences operation of solar project in Maryland

December 24, 2025 | , ,

Competitive Power Ventures (CPV), through its affiliate CPV Renewable Power, has commenced commercial operations at the CPV Backbone Solar project in Garrett County, Maryland. The 160 MW solar project has been developed in partnership with Harrison Street Asset Management and is located on reclaimed land from a decommissioned coal mine. Additionally, the project secured its third round of tax equity financing with US Bank.

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ENGIE fully commissions 846 MW wind project in Brazil 

ENGIE fully commissions 846 MW wind project in Brazil 

December 23, 2025 | , ,

ENGIE has achieved full commercial operations at the Serra do Assuruá wind complex in Gentio do Ouro, Bahia, in northeastern Brazil. The project has an installed capacity of 846 MW, consisting of 188 wind turbines spread across 24 wind farms and is supported by 28 km of transmission lines that connect the facility to Brazil’s main electricity grid. The project supplies renewable electricity to the free energy market.

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Altus Power acquires 234 MW solar and storage portfolio in US

Altus Power acquires 234 MW solar and storage portfolio in US

December 19, 2025 | , , ,

Altus Power has completed the acquisition of a 234 MW portfolio of solar generation and storage assets from Greenbacker. The projects span more than 100 locations across 18 states in US. The acquired assets include long-term contracted projects serving a mix of customers, including a global e-commerce and logistics firm, a regional university, and multiple utilities. 

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Petrobras and Lightsource bp partner for renewables in Brazil

Petrobras and Lightsource bp partner for renewables in Brazil

December 19, 2025 | ,

Petrobras and Lightsource bp have entered into a strategic partnership to collaborate in the onshore renewable energy segment in Brazil. Under the agreement, Petrobras will acquire a 49.99 per cent stake in Lightsource bp’s Brazilian subsidiaries, with the transaction subject to regulatory approvals. The partnership will be structured as a joint venture (JV) with shared management responsibilities between Petrobras and Lightsource bp. 

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Doral Renewables signs PPA for 270 MWac solar project in Kansas 

Doral Renewables signs PPA for 270 MWac solar project in Kansas 

December 17, 2025 | , ,

Doral Renewables has entered into a power purchase agreement (PPA) for its 270 MWac Lambs Draw solar project located in Decatur County, Kansas. Under the agreement, an unnamed major US-based corporate offtaker will procure the entire electricity output of the project along with the associated renewable energy credits. The transaction was facilitated through LevelTen Energy, acting as the marketplace operator.

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IFC invests in green hydrogen project in Uruguay

IFC invests in green hydrogen project in Uruguay

December 15, 2025 | , ,

The International Finance Corporation (IFC) has announced an investment in the Kahirós green hydrogen project in Uruguay. The financing will support the Kahirós project, to be developed in partnership with Grupo Santander. Kahirós is a consortium formed by the Uruguayan companies Ventus, Fidocar, and Fraylog, with additional financial support from the United Nations’ Renewable Energy Innovation Fund. 

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ECF and partners join forces for green hydrogen project in Canada

ECF and partners join forces for green hydrogen project in Canada

December 12, 2025 | , ,

Elemental Clean Fuels (ECF) is working with Sc.wén̓wen Economic Development and Kruger Kamloops Pulp L.P. on the Kamloops Clean Energy Centre (KCEC), a proposed green hydrogen facility with a planned capacity of 10 MW. The KCEC project is planned at the Kruger Kamloops pulp mill in Kamloops, British Columbia, and is expected to supply all of its green hydrogen output directly to the kiln operations. 

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