Category: Solar Power

Exus acquires 715 MW solar projects in US

Exus acquires 715 MW solar projects in US

September 29, 2026 | , ,

Exus Renewables North America has acquired four utility-scale solar projects in Louisiana and Wisconsin from ibV Energy Partners. The projects have a combined capacity of 715 MW and include the 310 MW Maple Grove Solar 1 and 2 projects in Wisconsin, and the 125 MW Bayou Teche and 280 MW Bayou Chicot projects in Louisiana. Exus will develop, construct and operate the projects, which are expected to approximately double its renewable energy portfolio.

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Germany awards 480 MW clean energy projects

Germany awards 480 MW clean energy projects

September 29, 2026 | , , ,

Germany’s Federal Network Agency has announced results of its September 2026 innovation and biomethane auction. The innovation auction for solar photovoltaic combined with energy storage was significantly oversubscribed, attracting 53 bids totalling 678 MW against the 475 MW offered. Of these, 32 bids totalling 480 MW were awarded, with prices ranging from 4.50-5.40 ct per kWh and a volume-weighted average of 5.14 ct per kWh.

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PAD RES divests 255 MW Polish solar projects

PAD RES divests 255 MW Polish solar projects

September 28, 2026 | , ,

PAD RES Group has completed the sale of operational solar projects to Çalık Renewables in Poland.  The solar projects include the Sztum and Stargard projects, located in the Pomeranian and West Pomeranian regions. The projects have a combined installed capacity of 255 MW and a combined annual generation exceeding 270,000 MWh. Furthermore, the output generated from the project is sufficient to meet the annual electricity demand of more than 90,000 households.

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Constellation and Toyota sign solar PPA in Texas

Constellation and Toyota sign solar PPA in Texas

September 25, 2026 | , ,

Constellation and Toyota Motor North America have signed a 15-year renewable energy agreement to support new solar generation in US. Under the agreement, Constellation will purchase power from the 203.97 MW Milano solar project located in Milam County, Texas. The agreement covers more than 115 MW of solar capacity, representing approximately 246,000 MWh of annual generation.

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New York awards 1.7 GW clean energy projects 

New York awards 1.7 GW clean energy projects 

September 24, 2026 | , , , , ,

New York State Energy Research and Development Authority (NYSERDA) has awarded contracts to eight battery storage projects and 13 large-scale renewable energy projects. Together, these projects represent 1.7 GW of new capacity and over $3.7 billion in private investment. BESS projects will add 950 MW of capacity, with durations ranging from four to eight hours while the 13 renewable energy projects will add over 719 MW of capacity and comprise solar, onshore wind, and hydropower. The projects are expected to be operational by the end of 2030.

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ESR to acquire Aquila Clean Energy APAC 

ESR to acquire Aquila Clean Energy APAC 

September 24, 2026 | , , , , ,

ESR has signed an agreement to acquire 100 per cent of Aquila Clean Energy APAC from Aquila Group. Aquila Clean Energy APAC develops, owns and operates solar, battery storage and wind projects across Asia-Pacific. The platform has a 1.6 GW portfolio of operational, under-construction and advanced-development assets across Australia, New Zealand, South Korea, Japan and Taiwan.

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Myanmar’s Rooftop Off-Grid Solar Market: Report

Myanmar’s Rooftop Off-Grid Solar Market: Report

September 24, 2026 | , , ,

Solar is now the most cost-effective electrification option for a growing share of Myanmar’s energy demand. Monthly average diesel prices rose by nearly 900 percent in nominal terms, from MMK 682 per liter in January 2021 to MMK 6,057 per liter in April 2026, industrial grid tariffs increased by 80 percent in February 2026, and the cost of energy from large commercial and industrial (C&I) solar-plus-battery systems is at US$0.205 per kWh, now cheaper than the industrial grid tariff of US$0.250 per kWh. The C&I segment is approaching commercial viability and is likely to continue growing largely on commercial terms.

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NorthStar Clean Energy completes 120 MW solar project in  Michigan

NorthStar Clean Energy completes 120 MW solar project in  Michigan

September 23, 2026 | , ,

NorthStar Clean Energy has completed the Hart Solar Project in Oceana County, Michigan. The project, with an installed capacity of 120 MW, is expected to generate over 200 GWh of electricity annually. The project will generate enough electricity to supply around 21,000 homes while offsetting 96,000 metric tonnes of carbon emissions annually. Furthermore, the project will supply clean energy through long-term power purchase agreements with Executive Energy Services and the Michigan Public Power Agency (MPPA). Project inauguration is scheduled in October 2026.

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The Economics of Firm Solar and Wind: IRENA Insights

The Economics of Firm Solar and Wind: IRENA Insights

September 22, 2026 | , ,

Solar and wind have become the cheapest sources of new electricity generation worldwide. As renewable penetration rises, however, the central challenge of the energy transition is increasingly one of adequacy and flexibility – ensuring that clean electricity is available when and where it is needed. This webinar presented findings from IRENA’s report, 24/7 Renewables: The Economics of Firm Solar and Wind, which introduces the firm leveled cost of electricity (firm LCOE): a project-level benchmark that adds battery storage, generation overbuild and complementary renewables to the conventional LCOE.

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Ashmore Colombia sells 300 MW solar project to ISAGEN

Ashmore Colombia sells 300 MW solar project to ISAGEN

September 21, 2026 | , ,

Ashmore Colombia, a subsidiary of Ashmore Group, and its shareholder Patria Investments have agreed to sell 100 per cent stake in the Parque Solar Puerta de Oro project to ISAGEN. The project, located in Guaduas, Cundinamarca, is spread across 530 hectares and has an installed capacity of 360 MWp (300 MWac). The project comprises approximately 511,000 solar modules.

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Actis launches Yeltica Energy in Mexico

Actis launches Yeltica Energy in Mexico

September 21, 2026 | , , , ,

Actis has launched Yeltica Energy, a greenfield renewable energy platform in Mexico. The platform targets more than 2 GW of solar, wind and battery energy storage system (BESS) capacity. The platform is anchored by three solar-plus-storage projects awarded under Mexico’s first Mixed Investment Tender by the Comisión Federal de Electricidad (CFE). These projects together comprise approximately 330 MWp of solar  photovoltaic and 255 MWh of BESS.

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EDF reaches financial close on 394 MW Utah Solar 1 project

EDF reaches financial close on 394 MW Utah Solar 1 project

September 18, 2026 | , ,

EDF Power Solutions North America has achieved financial close on the Utah Solar 1 project in Millard County, Utah. The project has an installed capacity of 394 MWdc/300 MWac and is expected to enter full construction, with power delivery expected to commence in mid-2027. The project, backed by a 30-year power purchase agreement with the Southern California Public Power Authority, is expected to generate approximately 766,000 MWh of electricity annually.

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Generate Capital secures financing for US community solar projects

Generate Capital secures financing for US community solar projects

September 15, 2026 | , ,

Generate Capital has closed a term debt facility of $117 million with MUFG to finance its Community Solar Fund 11. The fund comprises 18 community solar projects totalling 114 MWdc across Illinois and New York. The transaction follows the company securing approximately $1.4 billion in financing commitments during the first half of 2026, including financing for a 104 MW community solar portfolio with Monarch Private Capital and a $61 million senior secured US private placement.

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Georgia Power secures approval for 1,137 MW solar PPAs 

Georgia Power secures approval for 1,137 MW solar PPAs 

September 14, 2026 | , ,

Georgia Power has received approval from the Georgia Public Service Commission (PSC)  for 1,137 MW of new solar power purchase agreements (PPAs) under the Clean and Renewable Energy Subscription (CARES) 2023 and CARES 2025 request for proposals (RFP) programmes. The CARES programme enables eligible customers to purchase subscriptions linked to their pro-rata share of renewable energy production.

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11 GW+ new solar installations in the US in Q2 2026

11 GW+ new solar installations in the US in Q2 2026

September 14, 2026 | , ,

The US solar industry installed 11.4 gigawatts direct current (GWdc) of capacity in Q2 2026, a 45% increase from Q2 2025 and a 43% increase compared with Q1 2026. After a seasonally weak Q1, installations rebounded sharply, driven almost entirely by utility-scale volumes. The residential segment installed 995 MWdc of solar capacity, declining 12% year-over-year and 10% quarter-over-quarter. The commercial segment installed 638 MWdc, increasing 11% year-over-year and 27% quarter-over-quarter. The community solar segment installed 231 MWdc, declining 14% year-over-year and 8% quarter-over-quarter. The utility-scale segment installed 9.6 GWdc, increasing 61% year-over-year and 56% quarter-over-quarter. The quarter’s strength was concentrated in utility-scale solar as developers built out safe-harbored pipelines ahead of tax credit deadlines. 

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SunAsia Energy to develop 1 GW Laguna Lake floating solar project 

SunAsia Energy to develop 1 GW Laguna Lake floating solar project 

September 14, 2026 | , ,

SunAsia Energy has partnered with Gunkul Engineering Public Company Limited to develop a floating solar project on Laguna Lake in the Philippines. The project will have an installed capacity of about 1 GW and represents an investment of more than $1 billion. The project is expected to commence commercial operations by the end of 2027. Furthermore, the project forms part of SunAsia’s broader Laguna Lake floating solar development, which has secured 10 solar energy operating contracts from the Department of Energy.

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Enel acquires 810 MW US solar projects 

Enel acquires 810 MW US solar projects 

September 11, 2026 | , ,

Enel has completed the acquisition of a solar portfolio from Excelsior Energy Capital for approximately $760 million in US. The projects have a combined installed capacity of 810 MW and are expected to generate around 1.6 TWh of electricity annually. The acquisition, funded through Enel’s operating cash flows, is expected to increase its ordinary EBITDA by approximately $90 million annually.

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Invenergy and HASI close equity deal for 2.7 GW renewable portfolio in US

Invenergy and HASI close equity deal for 2.7 GW renewable portfolio in US

September 10, 2026 | , , , ,

Invenergy and HA Sustainable Infrastructure Capital, Inc. (HASI) have closed a strategic equity partnership to support a 2.7 GW renewable portfolio of solar, solar-plus-storage and wind projects across the US. The portfolio comprises 10 projects spread across seven states: Arizona, New Mexico, Texas, Arkansas, Indiana, Ohio and New York, and six major US power markets.

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​Tunisia awards 455 MW solar projects

​Tunisia awards 455 MW solar projects

September 9, 2026 | , ,

Tunisia’s Ministry of Industry, Mines and Energy has announced the results for the sixth round of its solar photovoltaic authorization scheme. The selection includes 309 approved projects with a total capacity of 455 MW, split into one hundred eighty-seven 1 MW capacity projects, one hundred nineteen 2 MW developments, and three 10 MW installations.

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Suniva secures $835 million to expand US solar cell manufacturing

Suniva secures $835 million to expand US solar cell manufacturing

September 9, 2026 | , ,

Suniva has secured $835 million debt and equity financing to support the expansion of its US solar cell manufacturing capacity. The capital will fund Suniva’s second US solar cell manufacturing facility located in Laurens County, South Carolina. The new facility has a capacity of 4.5 GW and will expand Suniva’s total US-made solar cell capacity to 5.5 GW. The facility construction is underway, with completion expected by late 2027, followed by a full production ramp-up in 2028.

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