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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EDF Power Solutions North America, Red Rock Indian Band, and Fort William First Nation have signed a power purchase agreement (PPA) with Ontario’s Independent Electricity System Operator (IESO) for the 200 MW Northern Breeze Energy wind project, located near Thunder Bay. The project is owned 50 per cent by EDF Power Solutions, 25 per cent each by Red Rock Indian Brand and Fort William First Nation.
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Spearmint Energy has secured approximately $450 million in financing for the 300 MW/600 MWh Red Egret battery energy storage (BESS) project located in Texas City, Texas. The project includes a $225 million construction facility led by First Citizens Bank and Investec. The financing package also features $96 million in preferred equity from Nuveen Energy Infrastructure Credit, backed by TIAA.
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Repsol has achieved commercial operations at its 825 MW Pinnington Solar project in Texas. The project was developed by Repsol, engineered and constructed by Black & Veatch and its Overland Contracting Inc. (OCI) construction subsidiary. The project includes 1.5 million solar panels and is expected to avoid approximately 1 million tonnes of carbon emissions annually.
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Grenergy has entered into a 20-year power purchase agreement (PPA) with Georgia Power in US for the supply of renewable energy and associated renewable attributes under the Clean and Renewable Energy Subscription (CARES) 2023 programme. The agreement covers the entire output from the Beaver Creek hybrid project, which is estimated to generate approximately 400 GWh of energy annually.
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Avangrid has signed a long-term power purchase agreement (PPA) with Puget Sound Energy (PSE) for the Big Horn I wind project located in Klickitat County, Washington. The project will have a nameplate capacity of 199.5 MW, enough to supply electricity to around 70,000 homes annually. The project, developed by Avangrid in 2006, is expected to commence commercial operations in 2028 following its redevelopment.
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Enel S.p.A., through its subsidiaryEnel Green Power North America, has signed an agreement with a US utility to acquire a portfolio of seven operational solar PV plants with a combined capacity of about 270 MW. The agreement has an enterprise value of approximately $140 million. The acquisition will be financed through cash flows generated from current operations. The portfolio is expected to generate approximately 0.4 TWh of electricity annually.
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Exploits Valley Renewable Energy Corporation (EVREC) has filed the environmental impact statement (EIS) for its wind-to-green hydrogen and ammonia project in Central Newfoundland, Canada. EVREC is a joint venture between Abraxas Power and EDF power solutions which are jointly developing the project. The EIS will assess the potential environmental impacts associated with all stages of the project, including construction, operation, maintenance, and eventual decommissioning.
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Sunraycer Renewables has secured a $901 million project financing facility from MUFG Bank Limited., Ally Bank, Nomura Securities International, Inc., Norddeutsche Landesbank Girozentrale, and Societe Generale. It will support the construction and operation of three solar and battery energy storage system (BESS) projects in Texas, aggregating 479.5 MWac of solar generation capacity and 236.5 MWac of two-hour BESS.
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