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.
Read More
Masdar and Elektroprivreda Crne Gore (EPCG) have formed a 50/50 joint venture (JV) in Montenegro. The JV, headquartered in Nikšić, will deploy solar, wind, hydropower, pumped storage, BESS, and hybrid energy solutions. It aims to meet domestic energy demand while enabling renewable power exports across the Western Balkans and Southern Europe.
Read More
Globeleq has launched the Leopards Hill project which combines a 250 MWp solar PV with a 150 MW/600 MWh battery energy storage system (BESS). The project, located near Lusaka, is being developed in partnership with Leopard Investment Company and will supply electricity to approximately 150,000 households annually. The project’s financial close is targeted by the end of 2026.
Read More
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.
Read More
Mulilo has achieved financial close on the 380 MW Beaufort West Solar PV facility in the Western Cape. The plant features a 250 MWAC export capacity and is connected to the Droërivier substation. The project is backed by Copenhagen Infrastructure Partners (CIP) and Norfund, with multi-bank funding from Absa, Standard Bank, Investec, and Nedbank. The facility, once operational, will generate 818 GWh yearly which is sufficient to power 345,000 homes while offsetting 860,000 tonnes of carbon emissions annually.
Read More
Amazon Australia has signed nine power purchase agreements (PPAs) to add 430 MW of clean energy to the grid across New South Wales and Victoria. The projects will increase Amazon’s total renewable capacity in Australia to nearly 1 GW (990 MW) once operational. The portfolio includes: one wind farm, three utility-scale solar and battery hybrids, four distributed solar-battery projects, and a new battery installation at the Mokoan Solar Farm.
Read More
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.
Read More
clearvise AG has signed power purchase agreements (PPAs) for five wind and solar projects across Germany and Ireland. The agreements cover four German solar parks: Klettwitz Nord (90 MW), Alsweiler (10 MW), Lohne (8.6 MW), Triticum (16.8 MW) and the 35 MW Glenough wind farm in Ireland. The PPAs are of 9-12 months and are expected to generate over €0.7 million in additional earnings compared to previous budget projections.
Read More
Suniva plans to establish a 4.5 GW solar cell manufacturing facility in Laurens, South Carolina. The facility is expected to open in the second quarter of 2027. The 620,000 sq. ft. facility represents an investment of over $350 million which along with Suniva’s existing Atlanta facility will raise the company’s total U.S. solar cell manufacturing capacity to over 5.5 GW annually.
Read More
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.
Read More
Voltalia has fully commissioned the Bolobedu solar farm project which is located in Limpopo province, South Africa. The project has a total installed capacity of 148 MW, and is part of a long-term corporate power purchase agreement (CPPA) with Richards Bay Minerals (RBM). The farm will supply around 300 GWh on an annual basis which is equivalent to the yearly electricity consumption of 425,000 inhabitants.
Read More
Qualitas Energy has acquired a portfolio of nine operational solar plants in Poland with a total capacity of 376 MWp. The portfolio generates over 400 GWh annually, supplying electricity to approximately 210,000 households. The assets were purchased from a joint venture between Better Energy Holding A/S and Industriens Pension. The projects were developed and built by Better Energy and became operational between 2021 and 2024.
Read More
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.
Read More
The European Investment Bank (EIB) and Societe Generale have entered into a €153 million financing agreement to fund the 137 MW Sand Solar project in Sicily, Italy. The facility being developed by Peridot Solar is expected to generate 256 GWh of renewable electricity annually, sufficient to power approximately 100,000 households.
Read More
Levanta Renewables has announced the signing of an engineering, procurement, and construction (EPC) contract with the China Energy Engineering Group (CEEC) for the development of the Barotac solar and battery energy storage system (BESS) project in the Visayas, Philippines. The contract covers the full EPC scope for the project, which will integrate 166 MWp of solar capacity with an 80 MWh of BESS capacity.
Read More
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.
Read More
The African Development Bank Group (AfDB) has approved a $5.65 million reimbursable grant from the Sustainable Energy Fund for Africa to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility. The initiative will use renewable energy certificates as a primary financing mechanism to support a portfolio of mini-grid projects across Africa.
Read More
PPC Group has completed construction of solar plants having a combined capacity of 2.13 GW in Amyntaio and Ptolemaida in Northern Greece. These plants can generate 3150 GWh of electricity annually, which corresponds to 6 per cent of the country’s annual electricity consumption, catering to approximately 750,000 households. Additionally, the plants will avoid more than 1.5 million tonnes of carbon emissions annually.
Read More
Zelestra and EDP have signed a power purchase agreement (PPA) to hybridise an operational solar plant with battery storage. As per the agreement, Zelestra will add a 160 MWh BESS to the 50 MW Pizarroso solar plant in Cáceres. The solar plant has been operational since 2023. EDP, the current offtaker for the solar plant, will use the battery storage to improve energy management and enhance system flexibility.
Read More
Dimension Energy has secured $650 million in construction and term financing to support a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey, and Illinois. The funding consists of $415 million in debt financing provided by First Citizens Bank, MUFG, ING Capital LLC, and National Bank of Canada. Franklin Park contributed $235 million in tax equity for the project.
Read More