Category: Solar Power

Geronimo Power begins construction of solar project in Illinois

Geronimo Power has commenced construction at the 150 MW Bee Hollow solar project in St. Clair County, Illinois. The project, situated within the Midcontinent Independent System Operator market, is expected to deliver economic benefits to the region through tax revenue, local employment, and spending. It will be developed by Geronimo Power, with the engineering, procurement, and construction undertaken by Burns & McDonnell.

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Levanta Renewables to develop 166 MWp solar project in the Philippines

Levanta Renewables has obtained approval to develop a solar and storage project in the Visayas region under the Philippines’ fourth green energy auction (GEA-4). The project, spanning 155 hectares, comprises a 166 MWp ground-mounted solar project integrated with a battery energy storage system. The project represents a total investment of approximately PHP 5 billion.

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Nexamp secures $330 million financing for solar and battery projects

Nexamp has closed a three-year $330 million construction warehouse facility (CWF) with a consortium of financial institutions to develop, construct, and finance around 20 distributed generation assets across US. The financing will facilitate the addition of more than 120 MW of new clean energy capacity to the national grid. The CWF provides flexible construction capital for Nexamp’s upcoming solar and battery energy storage projects.

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ENGIE and Masdar win 1.5 GW solar project in Abu Dhabi

Emirates Water and Electricity Company (EWEC) has awarded the contract for the development of the 1.5 GWac Khazna solar project to ENGIE and Masdar. Following the contract, a power purchase agreement was signed between EWEC and the developers. Under the agreement, ENGIE and Masdar will design, finance, construct, and operate the plant near the Al Khazna area of Abu Dhabi.

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Outlook for the US Solar Sector: Paper

The first half of 2025 has seen significant and widespread changes made to federal energy policy and incentives available to the development of new wind and solar resources, which will cause a meaningful reduction in installations over at least the next decade and create heightened uncertainty for new development activity for some time to come. While this creates a challenging outlook for development and construction of new solar assets, in contrast it does result in a potentially improved outlook for existing, operational solar assets.

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Deriva to sell 833 MWdc solar portfolio to Clearway

Deriva Energy, along with its joint venture partner Manulife Investment Management, has announced an agreement to sell an operational solar portfolio of 833 MWdc to Clearway Energy, Inc. TD Securities served as the exclusive financial advisor to Deriva Energy and Manulife Investment Management for this deal. The transaction is expected to conclude by the second quarter of 2026.

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Microsoft to procure 100 MW of green power from Shizen in Japan

Shizen Energy has finalised renewable energy purchase agreements (REPAs) with Microsoft for four solar projects in Japan, reaching a total contracted capacity of 100 MW. The agreements follow Microsoft’s initial deal for the Inuyama solar power plant, following which three additional 20-year contracts have since been signed. The solar projects are situated across the Kyushu and Chugoku regions.

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Chint Solar and Voltis form JV to develop 5 GW renewable projects in UK

Chint Solar and Voltis have established a new joint venture (JV) named Voltison to jointly develop a renewable energy and storage portfolio of approximately 5 GW in the UK. The partnership will focus on developing more than 15 projects across the country, ranging from locally consented solar, battery energy storage system (BESS), and wind projects of up to 100 MW, to nationally significant infrastructure projects of more than 750 MWp.

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Policy Roadmap for Variable Renewable Energy Integration in SEA

Southeast Asia can successfully transform its power system to reliably and affordably meet growing electricity demand. This is possible with a progressive approach that aligns VRE integration measures with local contexts. It also involves building the technical and institutional capabilities to manage effectively higher VRE penetrations. This extract outlines a practical implementation roadmap with actionable steps for key stakeholders in Southeast Asia. These include policymakers, regulators, regional bodies and utilities. The roadmap draws on the regional opportunities, global experience in navigating from low to higher phases of VRE integration and the current readiness assessment. 

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Masdar acquires 49.9 per cent stake in 446 MW solar portfolio

Masdar has finalised the acquisition of a 49.99 per cent stake in a €368 million solar portfolio from Enel Green Power España, a subsidiary of Endesa S.A.. The portfolio consists of four operational solar projects in Spain, with a cumulative capacity of 446 MW. The transaction includes €69 million in equity from Masdar and €115 million through acquisition financing. 

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Founder Group to develop 310 MWp solar-plus-storage project in Malaysia

Founder Group Limited (FGL) has signed a heads of agreement with Planet QEOS Sdn Bhd to jointly develop a renewable energy project in Sarawak, Malaysia. The project has an estimated value of up to $276 million. It will include a 310 MWp ground-mounted solar photovoltaic project along with a 620 MWh battery energy storage system. The initiative is part of the Baram DeepTech Energy programme.

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Enlight secures $340 million for solar-plus-storage project in Arizona

Enlight Renewable Energy, through its US subsidiary Clēnera Holdings, has completed two tax equity partnership agreements for the Roadrunner solar and battery energy storage system (BESS) project in Tucson, Arizona. The solar component has been backed by J.P. Morgan with a tax equity contribution at commercial operation date (COD). The storage component received tax equity financing from M&T Bank and First Citizens Bank at COD. 

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TotalEnergies sells 50 per cent of 1.4 GW North American solar portfolio 

TotalEnergies has entered into an agreement with KKR-managed insurance vehicles and accounts for the sale of a 50 per cent of the 1.4 GW solar portfolio in North America. The deal values the portfolio at an enterprise value of $1.25 billion. The portfolio includes six large-scale solar projects with a cumulative capacity of 1.3 GW and 41 distributed generation projects totalling 140 MW.

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Sol Systems completes 342 MW solar project in Illinois

Sol Systems has announced the completion of its Eldorado solar project located in Saline County, Southeastern Illinois. The project, developed in partnership with Nextracker as the solar tracking system supplier and SOLV Energy as the construction contractor, has a capacity of 342 MWdc. The project incorporates an agrivoltaics initiative to cultivate Kernza, a perennial grain, beneath the solar panels.

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Oman inks PPA for 500 MW solar-plus-storage project

Nama Power and Water Procurement has signed a power purchase agreement with a consortium for the development of the Ibri III Solar Independent Power Project in Oman. The project comprises a 500 MW utility-scale solar plant, integrated with a 100 MWh battery energy storage system. The consortium that will develop the project includes Masdar, OQ Alternative Energy, Al Khadra Partners, and Korea Midland Power Co. Ltd. 

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Entech acquires 159 MW solar portfolio in France

Entech Energy & Services has reached an agreement with TotalEnergies Renouvelables France to acquire a portfolio of 41 ground-mounted solar projects with a cumulative capacity of about 159 MW. The projects are located across 30 departments in Metropolitan France and are at different stages of development, with commissioning planned between 2026 and 2029.

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Brookfield, Solarvest to develop 1.5 GW of renewable projects in Malaysia

Brookfield has entered into a joint investment framework agreement with Solarvest Holdings Bhd to jointly develop, construct, and operate more than 1,500 MW of utility-scale solar and battery energy storage system (BESS) projects. These projects will be developed in Malaysia over the next three to five years. Furthermore, the initiative marks Brookfield’s first investment in Malaysia through its Catalytic Transition Fund.

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Nofar secures 1 GW of US solar project portfolio

Nofar USA, a wholly-owned subsidiary of Nofar Energy, has secured more than 1,000 MW of solar development projects across several US markets through acquisitions and exclusive development agreements. The transactions will expand the company’s portfolio to include both utility-scale and distributed generation projects. Commercial operations for these projects are scheduled between 2026 and 2029.

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Emerging Grid Risks and Resilience Gains in US: Report

The North American Electric Reliability Corporation (NERC), the electricity reliability organisation (ERO) designated by the Federal Electricity Regulatory Commission (FERC), has released its 2025 State of Reliability (SOR) overview, providing a high-level summary of the performance of the bulk power system (BPS) during 2024. This assessment offers a data-driven evaluation of reliability, identifies emerging risks, and informs policymakers, regulators, and industry leaders on actions required to safeguard the resilience and security of the electricity grid.

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QatarEnergy inks contract for 2 GW solar project

QatarEnergy has signed an agreement with Samsung C&T’s Engineering & Construction Group for the construction of a solar project in Dukhan, located around 80 kilometres west of Doha. The project will be developed in two phases and is expected to achieve a total generation capacity of 2,000 MW by mid-2029. The project will begin to supply its first 1,000 MW of power to the KAHRAMAA grid towards the end of 2028. 

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