Grenergy has signed a power purchase agreement (PPA), securing a 15-year contract to supply 1 TWh of electricity annually to an investment-grade global utility in Chile. The agreement will be effective between July and October 2026. The agreement involves supply of electricity during non-solar hours from the Elena battery energy storage (BESS) project in the Antofagasta region.
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Clēnera Holdings, subsidiary of Enlight Renewable Energy, has secured a debt financing framework agreement for the CO Bar Complex in Arizona, US. The complex represents a total investment of $2.9-$3.05 billion, supported by $1.705 billion in term debt and expected tax equity proceeds of $1.45-$1.53 billion. Financing commitments totaling approximately $2.6 billion were provided by BNP Paribas Securities Corp., Crédit Agricole CIB, MUFG Bank, Ltd., Natixis, New York Branch, Norddeutsche Landesbank Girozentrale, New York Branch, Societe Generale, and Wells Fargo Securities, LLC.
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Petrobras has approved the final investment decision for the RPBC Biorefining project at the Presidente Bernardes Refinery in Cubatão, São Paulo, Brazil. The project represents an estimated investment of approximately $1.2 billion. The project involves the construction of a facility capable of producing up to 15,000 barrels per day of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
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rPlus Energies has commenced commercial operations at the Green River Energy Center located in Emery County, Utah. The project features 400 MW of solar generation capacity and a 400 MW/1,600 MWh battery energy storage system (BESS). The project is expected to generate over $55 million in property tax revenue to support local schools and public services. The project was commissioned on June 22, 2026.
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Neoen has been awarded a 20-year capacity services contract from the Independent Electricity System Operator (IESO) for a 200 MW/1,600 MWh battery energy storage (BESS) project in Ontario. The project was awarded through Ontario’s Long-Term 2 Capacity Services procurement process. The project will provide 190 MW of capacity services over an eight-hour duration.
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Saulteau First Nations and EDF power solutions North America have signed a 30-year electricity purchase agreement (EPA) with BC Hydro for the Taylor South Wind Project. The project, located in British Columbia (BC), has an installed capacity of 200.6 MW. The project is expected to begin supplying enough clean electricity to power around 60,000 homes by 2032.
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Pattern Energy Group has commenced operations at SunZia renewable energy project in US. The project comprises a 3.65 GW wind generation facility and a 550-mile high-voltage direct current transmission line, delivering renewable power from New Mexico to Arizona and across the western US grid. At full capacity, the project can generate enough electricity to power approximately one million homes annually.
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CIM Group’s Permanent Power Company has secured approximately $600 million in construction financing for its Grape solar and battery storage project. The project is located in California. The project includes 246.4 MWac of solar PV capacity and a 150 MW/600 MWh battery energy storage system (BESS) located within Westlands Solar Park.
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Salt River Project and Aypa Power have commissioned the Pediment Battery Energy Storage System (BESS) located in Mesa, Arizona. The BESS has an installed capacity of 250 MW/1,000 MWh. The facility can supply enough electricity to power up to 56,250 homes for four hours. The Pediment project is the first of two BESS projects being developed by Aypa Power under contract with SRP.
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Nautilus Solar Energy has renewed its construction debt facility with a total commitment of $600 million in US. The financing will support the construction of approximately 200 MW of community solar projects across Nautilus’s portfolio. Co-lead arrangers for the facility include National Bank of Canada Capital Markets, Royal Bank of Canada, and Export Development Canada.
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RWE and Meta have signed a long-term power purchase agreement (PPA) for the 298 MWac Rabbit’s Foot Solar project in Bowie County, Texas. The project is currently under construction and is expected to commence commercial operations by the end of 2027. Once operational, the facility will supply clean electricity to support Meta’s commitment to matching its operations with 100 percent renewable energy.
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Grenergy has inaugurated the 3.5 GWh Elena battery energy storage system (BESS) project in Chile. The project currently includes 624 battery containers and 6,240 batteries, with plans to expand capacity to 7 GWh by 2028. The project forms part of the Oasis de Atacama platform, which combines 2.5 GW of solar capacity with 14.1 GWh of storage. Across the OASIS platforms, the company’s pipeline totals 5 GW of solar and 22 GWh of storage.
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Revolve Renewable Power has signed agreements to acquire three utility-scale solar development-stage projects totaling 125 MW across Illinois (30 MW), New Mexico (56 MW), and Wisconsin (39 MW). The acquisition, expected to close in June 2026, will be completed through the company’s wholly owned US subsidiary. The deal structure includes a development fee of $0.02/W at construction notice and deferred consideration tied to project value realization.
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Qualitas Energy has acquired a 164 MWp solar PV project in Illinois, US. The project, purchased from Bechtel Enterprises, is located within the Midcontinent Independent System Operator (MISO) electricity market. The project is expected to reach notice to proceed in the second quarter of 2028, with commercial operations commencing in the third quarter of 2029. The project has secured 100 per cent site control and other permits.
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Vesper Energy has closed $236 million in financing for the Nazareth Solar project. The project has an installed capacity of 201 MW and is located in Swisher County, Texas. The financing package includes a construction-to-term loan and a letter of credit facility, provided by MUFG, Associated Bank, Bayern LB, and Development Bank of Japan. The project construction is scheduled to commence in June 2026, with commercial operations targeted for Fall 2027.
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Avangrid has completed construction of the 166 MWdc/120 MWac Tower Solar project in Morrow County, Oregon and has connected the facility to the regional electricity grid. Commercial operations for the project are expected to begin in summer 2026. The project features more than 250,000 solar panels assembled by SEG Solar at its Houston manufacturing facility.
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EDF Power Solutions North America has signed a 30-year power purchase agreement (PPA) with the Southern California Public Power Authority for the Utah Solar 1 Energy project in California. The project will deliver power to the Los Angeles Department of Water and Power from a 300 MWac solar facility in Millard County, Utah. Commercial operations for the project are expected to commence in mid-2027.
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LG Energy Solution Vertech has signed a supply agreement with DTE Energy to deploy battery energy storage systems (BESS) across Michigan. The partnership will support eight projects over the next two years, delivering a total of 1.5 GW/6 GWh of storage capacity. Battery cells will be sourced from LG Energy Solution’s manufacturing facilities in Michigan, as well as other locations in the US and Canada for the project.
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Enlight Renewable Energy has signed a 15-year physical power purchase agreement (PPA) with Google for solar energy supply in Oklahoma. The agreement will deliver 200 MWac of solar power from the Solstice solar project to the Southwest Power Pool market. The renewable energy generated from Solstice will support Google’s regional data center operations.
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DESRI and Tierra Adentro Growth Capital (TAGC) have commenced construction on two solar plus storage projects in San Juan County, New Mexico. The projects include the 170 MW Foxtail Flats Solar and Storage facility with 80 MW/320 MWh battery storage and the 100 MW Four Mile Mesa Solar and Storage project with 100 MW/400 MWh storage. Together, the developments represent 270 MW of solar capacity and 180 MW of battery storage capacity.
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