EDP, through EDP Renewables North America, has signed a long-term power purchase agreement (PPA) with Meta for the 250 MW Cypress Knee Solar project in Arkansas. The project is scheduled for completion by 2028. The agreement marks Meta’s third clean energy partnership with EDPR NA, taking the companies’ total contracted renewable energy portfolio to 545 MW in US.
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ATOME PLC has reached a final investment decision (FID) for its 260,000 tonne-per-year low-carbon fertiliser plant in Villeta, Paraguay. The project, powered entirely by renewable baseload hydropower, will produce low-carbon calcium ammonium nitrate (CAN) fertiliser independent of fossil-fuel price volatility. The plant construction is expected to begin shortly, with full commercial production targeted by or before October 2029.
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Graphic Packaging Holding Company has signed a virtual power agreement (VPPA) with NextEra Energy Resources for the 250 MW Selenite Springs Energy solar project in West Texas. The project is expected to begin operations by the end of 2027. Graphic Packaging will be the sole buyer of renewable energy certificates, covering around 43 per cent of its US and Canada electricity use.
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CleanCapital has divested the 120 MW Nottingham solar project to Energix Renewables. The project, located in Harrison County, Ohio, was originally developed by BQ Energy, which was acquired by CleanCapital in 2022. The transaction follows CleanCapital’s recent acquisition of a 7.7 MW energy storage joint venture, closing a $300 million HoldCo facility and a $185 million debt private placement to support its growth.
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Sonnedix has signed three power purchase agreements (PPAs) with Copec EMOAC for the Sonnedix Librillo project in Chile. The project features a 117 MW standalone battery energy storage system (BESS) with 5-hour duration, enabling a total storage capacity of 643.8 MWh per day. The project is expected to commence operations by April 2027.
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Geronimo Power has begun commercial operations at the 270 MW Blevins Solar Project, located in Falls County, Texas within the ERCOT market. The project has power purchase agreements (PPAs) with Fujifilm and Bristol Myers Squibb. The project is expected to generate sufficient electricity to power around 88,900 homes annually. Additionally, the project will offset over 9 million metric tonnes of carbon emissions in its first 20 years of operation.
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Neoen has secured two 20-year contracts from the Independent Electricity System Operator (IESO) for two new solar farms of 318 MWp (250 MWac) combined capacity in Ontario. The contracts cover 100 per cent of the new plants’ output. The projects include a 253 MWp solar farm near Dunns Valley and a 65 MWp solar farm near Paradis Bay. The combined generation from these projects is expected to reach approximately 475 GWh on an annual basis, powering over 50,000 homes in Ontario.
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Kruger Energy has begun construction of the 196 MW Saint-Paul-de-Montminy wind farm located within the municipalities of Saint-Paul-de-Montminy, Notre-Dame-du-Rosaire and Sainte-Apolline-de-Patton in Quebec. The project involves an investment exceeding $580 million. The project is expected to be commissioned by December 2027 and has secured all required approvals.
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Matrix Renewables has begun commercial operations of the 281 MWdc Stillhouse Solar PV project in Bell County, Texas, alongside ITC funding and long-term debt conversion. The project represents an investment of over $380 million and includes 15-year PPAs with affiliates of Hyundai Motor Group. The project will help supply clean energy to roughly 48,862 households.
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Atlas Renewable Energy, has closed the financing for the El Campano Solar project located in Córdoba, Colombia. The project will involve the construction and operation of a 128.8 MWdc solar plant. The financing structure for the project involved a loan of $77.6 million and a commercial credit facility of $15.5 million. Financiera de Desarrollo Nacional and BBVA CIB, acted as lenders and issuers of letters of credit.
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Revolve Renewable Power has signed the final interconnection agreement with Comisión Federal de Electricidad for its 130 MW EL24 Wind Project in Tamaulipas, Mexico. The project has also received its environmental permit from the Secretariat of Environment and Natural Resources (SEMARNAT). Additionally, the project has already secured the final generation permit from Comisión Nacional de Energía, Mexico’s renewable energy regulator.
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CFE Calificados, a subsidiary of Federal Electricity Commission (CFE), has signed power purchase agreements (PPAs) with Copenhagen Infrastructure Partners (CIP), in partnership with Sunstone Power, for two solar-plus-storage projects in Campeche, Mexico. The projects include Alegría Solar, comprising 600 MW of solar and 300 MW of storage, and Esperanza Solar, comprising 300 MW of solar with 150 MW of storage.
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Heelstone Renewable Energy, a Qualitas Energy company, has commenced construction on two solar projects totaling 206 MW in Georgia and Michigan. The 104 MW Alligator Creek project in Georgia and the 102 MW Murch project in Michigan are both slated for commercial operation by the end of 2026. EPC agreements have been executed with Pure Power Contractors for the Georgia site and Greensol Renewables for the Michigan facility.
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Plug Power Inc. has been awarded the front-end engineering design (FEED) contract to supply a 275 MW GenEco PEM electrolyzer system for Hy2gen Canada’s Courant project. The facility located in Baie-Comeau, Québec, will support Hy2gen’s production of low-carbon ammonia using electricity delivered through the Hydro-Québec grid.
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Geronimo Power has launched commercial operations at the 117 MW Dodson Creek Solar Project in Highland County, Ohio. The facility, built by Kiewit Power Constructors Co., is expected to generate $49 million in local economic benefits over its lifespan. The project features Series 7 modules manufactured by First Solar.
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Fengate Asset Management has acquired a 50 per cent stake in a 227 MWac portfolio of 12 operating solar projects in the western US. The investment is structured as a 50/50 joint venture with Clearway Energy. The deal is managed through Fengate Infrastructure Yield Fund with participation from the LiUNA Pension Fund of Central and Eastern Canada.
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Georgia Power has begun construction of a 260 MW battery energy storage system (BESS) project in Jefferson County, Georgia. The BESS is designed to supply stored energy over a four-hour period and is being built by Burns & McDonnell. The project has also received approval from the Georgia Public Service Commission and is expected to be completed in 2027.
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Ecoener has secured two 15-year power purchase agreements (PPAs) in Guatemala. These agreements pertain to the development of the 140 MWp Cocales and 60 MWp La Hulera solar plants, with both the projects expected to begin commercial operations in 2028. The Cocales project will comprise a 20 MW/80 MWh battery energy storage system (BESS), whereas the La Hulera project will include a 10 MW/40 MWh BESS.
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Linea Energy has secured project financing for its Watertown solar project, a 172 MWdc utility-scale facility located in Sanilac County, Michigan. The financing package comprises a construction-to-term loan, a tax equity bridge loan and a letter of credit facility. It is led by Santander Corporate & Investment Banking, with participation from Société Générale, Norddeutsche Landesbank Girozentrale and Truist Bank.
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TotalEnergies has entered into settlement agreements with the US Department of the Interior to relinquish its Carolina Long Bay lease and New York Bight lease, both awarded in 2022, along with its partners. As a result, the company will discontinue the development of offshore wind projects in US. Additionally, under the terms of the agreement, TotalEnergies will recover the lease fees previously paid.
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