Category: Solar Power

DESRI and TAGC commence construction on solar plus storage projects in New Mexico

DESRI and TAGC commence construction on solar plus storage projects in New Mexico

May 27, 2026 | , , ,

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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Australia awards 7.8 GW of clean energy projects

Australia awards 7.8 GW of clean energy projects

May 25, 2026 | , , , ,

Australia’s Assistant Minister for Climate Change and Energy has announced the results of Tender 7 under the Capacity Investment Scheme (CIS). A total of 19 renewable energy projects were selected, delivering 7.8 GW, exceeding the original 5 GW target  of capacity. Of which 8 projects are hybrid systems combining wind or solar generation with battery storage.

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Trafigura and Nadara sign 434 MW hybrid PPA in Spain 

Trafigura and Nadara sign 434 MW hybrid PPA in Spain 

May 25, 2026 | , , , ,

Trafigura has signed a 10-year hybrid power purchase agreement (PPA) withNadara for 434 MW of renewable energy capacity in Spain. The agreement covers power generation from five solar PV farms and six wind farms. The PPA includes output from Nadara’s hybrid sites at Esquileo, Dehesilla I & II, San Lorenzo C & D, along with the operational La Dehesica wind farm.

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Sungrow and Masdar sign 7.5 GWh ESS deal for RTC project in Abu Dhabi

Sungrow and Masdar sign 7.5 GWh ESS deal for RTC project in Abu Dhabi

May 22, 2026 | , , ,

Sungrow andMasdar have signed an agreement to supply a battery energy storage system (BESS) and photovoltaic (PV) inverter solutions for the UAE’s gigascale round-the-clock renewable energy project. The project, being developed by Masdar and Emirates Water and Electricity Company (EWEC), will combine 5.2 GW of solar PV with a 19 GWh BESS. Under the agreement, Sungrow will provide 7.5 GWh of PowerTitan 3.0 ESS and 2.6 GW of PV inverter solutions.

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Grenergy inks hybrid PPA with Georgia Power in US

Grenergy inks hybrid PPA with Georgia Power in US

May 21, 2026 | , , ,

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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Edify closes funding for Queensland solar and BESS projects

Edify closes funding for Queensland solar and BESS projects

May 20, 2026 | , , ,

Edify Energy has achieved financial close for the Smoky Creek and Guthrie’s Gap Solar Power Stations located in Central Queensland, Australia. The projects will deliver 720 MWp of combined solar generation capacity along with 600 MW/2,400 MWh of battery energy storage system (BESS). Both projects have also secured long-term support under the Australian Government’s capacity investment scheme (CIS).

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Enel to acquire 270 MW solar plants in US

Enel to acquire 270 MW solar plants in US

May 19, 2026 | , ,

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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OX2 begins construction of 135 MWac solar farm and 100 MW BESS in Australia

OX2 begins construction of 135 MWac solar farm and 100 MW BESS in Australia

May 18, 2026 | , , ,

OX2 has commenced construction of the Muswellbrook solar farm and battery project in New South Wales, Australia. The project features 135 MWac of solar capacity and 100 MW of battery energy storage system (BESS). The project has also secured a long-term hybrid power purchase agreement with an international offtaker covering both solar generation and battery storage. Construction for the project is expected to complete in 2028.

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European Energy begins construction on Sicilian AgriPV project

European Energy begins construction on Sicilian AgriPV project

May 18, 2026 | , ,

European Energy has commenced construction of a 225.5 MW agrivoltaic project in Sicily, Italy, following a final investment decision of more than €200 million. The project is expected to generate around 405 GWh of electricity annually, sufficient to power more than 135,000 households. European Energy will manage engineering, procurement and construction activities. The project is part of European Energy’s portfolio supported under Italy’s FER X Transitional Contract for Difference auction scheme.

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Sunraycer secures $901 million for Texas solar and BESS projects

Sunraycer secures $901 million for Texas solar and BESS projects

May 15, 2026 | , , ,

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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OCI Energy and Arava Power sign agreement for 670 MWdc Texas solar project  

OCI Energy and Arava Power sign agreement for 670 MWdc Texas solar project  

May 14, 2026 | , ,

OCI Energy andArava Power have signed a membership interest purchase agreement (MIPA) for the 670 MWdc La Salle Solar project. The project is located in La Salle County, Texas. Under the agreement, Arava Power will acquire a 50 per cent stake in the project, with both companies jointly financing, constructing, owning, and operating the plant. The agreement marks the third collaboration between the two companies in the Texas renewable energy market.

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J&V Energy Technology to acquire 187 MW solar portfolio in Taiwan 

J&V Energy Technology to acquire 187 MW solar portfolio in Taiwan 

May 13, 2026 | , ,

J&V Energy Technology Co., Ltd. has signed an agreement to acquire a portfolio of operational solar plants in Taiwan. The portfolio includes 42 operating solar plants located across Central and Southern Taiwan with a combined capacity of 187 MW. The portfolio will be acquired from a fund managed by BlackRock’s Global Infrastructure Partners. Furthermore, the plants are expected to generate around 270 million kWh of clean electricity annually which is sufficient to power nearly 80,000 households for more than 15 years.

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Meta and DESRI sign 850 MW clean power PPAs in US

Meta and DESRI sign 850 MW clean power PPAs in US

May 13, 2026 | , , ,

DESRI and Meta have signed 850 MW of solar and battery storage power purchase agreements (PPAs) in US. The agreement includes 500 MW in Oklahoma, 200 MW in Texas and 150 MW in Mississippi. With these agreements, the total contracted solar and battery storage capacity between the companies has increased to approximately 2,575 MW in US. Previously contracted projects between the companies include 150 MW in Texas, 300 MW in Utah and 100 MW in New Mexico.

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Germany awards 2.2 GW of solar capacity 

Germany awards 2.2 GW of solar capacity 

May 13, 2026 | , ,

The Federal Network Agency of Germany has announced the results of its March 1, 2026 solar PV auction which was oversubscribed. The tender covered 2,295 MW of ground-mounted and special-structure solar projects. A total of 532 bids of 4,622 MW capacity were submitted, while 268 bids totaling 2,299 MW secured awards. Additionally, 39 bids were excluded from the auction process.

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Rezolv Energy commissions 225 MW solar park in Bulgaria

Rezolv Energy commissions 225 MW solar park in Bulgaria

May 12, 2026 | , ,

Rezolv Energy has commissioned the 225 MW St. George solar park in Silistra, Bulgaria. The project represents an investment of $300 million. The project incorporates 400,000 solar panels along with a 90 MW/240 MWh battery energy storage system supported by the EU’s Next GenerationEU programme. Furthermore, the project is expected to generate around 313 GWh of electricity annually for at least 30 years.

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Grenergy secures $268 million for solar plus storage project in Chile

Grenergy secures $268 million for solar plus storage project in Chile

May 12, 2026 | , , ,

Grenergy has secured $268 million in non-recourse financing for the Monte Águila solar plus storage project in Chile. The financing was arranged through an international banking syndicate led by BNP Paribas, alongside KfW IPEX-Bank, Rabobank, Natixis, and Scotiabank. The Monte Águila project also benefits from a 12-year daytime power purchase agreement.

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YEC inks solar PPA with Rio Tinto for Pilbara project

YEC inks solar PPA with Rio Tinto for Pilbara project

May 11, 2026 | , ,

Yindjibarndi Energy Corporation (YEC) has achieved financial close and signed a 30-year power purchase agreement (PPA) with Rio Tinto for the Jinbi Solar Project. The project is located in Pilbara, Australia. Under the agreement, YEC will supply 100 per cent of the electricity generated from the project to support decarbonisation of Rio Tinto’s Pilbara iron ore operations. 

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SEG announces 4 GW solar module factory in US

SEG announces 4 GW solar module factory in US

May 8, 2026 | , ,

SEG Solar has announced plans to establish a 4 GW solar module manufacturing facility in Houston, US. The facility represents an investment of more than $200 million, expanding SEG’s total annual US solar module production capacity to approximately 6 GW. The facility is expected to commence operations in the third quarter of 2026. Furthermore, the expansion follows SEG’s plans for a 5 GW ingot and wafer manufacturing facility in Indonesia, strengthening its fully integrated solar supply chain across ingots, wafers, and cells. 

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Vena starts construction of 380 MWp solar projects in Philippines

Vena starts construction of 380 MWp solar projects in Philippines

May 8, 2026 | , ,

Vena Energy has commenced construction for the 80.6 MWp Astra Solar and 300 MWp Opus Solar projects located in Ilocos Norte, Philippines. These projects together will expand the company’s total solar capacity in Ilocos Norte to approximately 480 MWp. Groundbreaking ceremonies were held on 5th May 2026 for the Astra Solar project in Currimao and on 6th May 2026 for the Opus Solar project in Paoay. 

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