Revera Energy, an independent energy infrastructure platform backed by Carlyle, has completed the expansion of its credit facility to $150 million. The expanded facility is intended to support the development and construction of battery energy storage system (BESS), solar, and green hydrogen projects in pipeline across Australia’s National Energy Market (NEM) and UK.
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Neoen has initiated construction of three new solar farms in France with a combined capacity of 230 MWp, all scheduled to become operational by 2028. The projects include the Le Couret agrisolar project with a capacity of 147 MWp in the Haute-Vienne department, along with the Isle-sur-Marne solar farm of 48 MWp and the Matignicourt floating solar farm of 35 MWp both located in the La Marne department.
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Avangrid, Inc., a member of the Iberdrola Group, has commenced commercial operation of two solar projects in Wasco County, Oregon, namely Daybreak Solar and Bakeoven Solar. The two plants together provide a combined installed capacity of 269 MWdc, equivalent to 200 MWac. Daybreak Solar accounts for 189 MWdc, or 140 MWac; while Bakeoven Solar contributes 80 MWdc, or 60 MWac.
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Copenhagen Infrastructure Partners, through its fifth flagship fund Copenhagen Infrastructure V (CI V), has reached an agreement to acquire Ørsted’s European onshore renewable energy business. The transaction covers more than 800 MW of renewable capacity, consisting of 578 MW operational and 248 MW under construction project, along with a multi-GW development pipeline.
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Younan Company has announced the development of a large utility-scale solar and battery storage project in California under Soleil Renewable Energy, LLC. The project is planned in East Kern county, on approximately 3,200 acres of owned land. It will have a solar generation capacity of 880 MWdc, equivalent to 700 MWac, paired with a 460 MW battery energy storage system. Commercial operations are targeted for mid-2028.
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Voltalia has been awarded a 132 MW solar project in the Gabès region of south-east Tunisia by the Tunisian government. Construction of the Wadi solar project is scheduled to begin in 2027, with commissioning planned for 2028. With the addition of the Wadi project, Voltalia’s total solar capacity in Tunisia that is planned to move into the construction phase has reached nearly 400 MW.
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Westbridge Renewable Energy Corporation has received regulatory approval from the Alberta Utilities Commission (AUC) for its Red Willow solar and battery energy storage project in Stettler county, Alberta, Canada. The approval includes authorisation for both the power plant and the associated battery energy storage system (BESS), along with a permit and licence for the Birch 1075S substation.
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Enlight Renewable Energy Limited has entered into an agreement to acquire a majority stake in Project Jupiter, a large-scale co-located solar and energy storage project in Germany, in partnership with Prime Capital AG, acting through its Prime Green Energy Infrastructure Fund II (PGEIF II). The project is located in Brandenburg and is planned to include up to 150 MWp of solar capacity and 2,000 MWh of energy storage.
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Nextpower Arabia, a joint venture (JV) between Nextpower and Abunayyan Holding, will supply 2.25 GWp of solar tracking systems to Larsen & Toubro for the Bisha solar project in Saudi Arabia. The project is being developed by an ACWA Power-led consortium and was procured by the Saudi Power Procurement Company under Wave 6 of the National Renewable Energy Program administered by the Ministry of Energy.
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EDP Renewables North America LLC has commenced commercial operations at the Riverstart Solar IV project in Indiana. Located in Randolph county, the project has an installed capacity of 150 MW. It is expected to generate electricity equivalent to the annual consumption of more than 28,800 homes and businesses in the state. The project has delivered an estimated $88.6 million in local and regional economic impact.
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Océalia Cooperative Group and TSE have entered into a partnership to jointly develop agriphotovoltaic (agri-PV) projects across the cooperative’s operating territory in France. As per the agreement, the companies plan to deploy a total installed capacity of 500 MWp of agri-PV projects over a ten-year period. The portfolio is expected to generate electricity equivalent to the annual consumption of nearly 120,000 households.
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Korkia has obtained power plant approvals from the Alberta Utilities Commission (AUC) for two utility-scale solar projects in Alberta, Canada. The approvals cover the 268 MW AC UK Solar East project and the 162 MW AC UK Solar West project, both located in the County of Oyen. These approvals represent a critical regulatory step and advance the projects toward construction readiness and future commercial operation.
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Atlas Renewable Energy has entered into a long-term power purchase agreement (PPA) with an unnamed Colombian energy trading company to support the development of the El Campano solar project in Colombia’s northern region. The solar plant is planned with an installed capacity of 128 MWp and is scheduled to begin operations by the end of 2027. It was awarded under Colombia’s 2024 Reliability Charge Auction.
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METLEN and the Tsakos Group have entered into a strategic partnership to jointly develop, construct, operate, and commercially manage a large hybrid power generation project in Greece. The project will be implemented through a special purpose vehicle structured as a joint venture (JV), with the Tsakos Group holding a 60 per cent stake and METLEN holding 40 per cent.
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Radial Power, an affiliate of energyRe, along with Lotus Infrastructure Partners, has completed a $355 million tax equity and debt financing with Goldman Sachs. The funding will support the development, construction, and operation of around 214 MW of distributed solar capacity spread across 106 projects in US. The transaction uses Goldman Sachs’ end-to-end distributed generation financing structure.
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Estuary Power has completed all phases of the Escape Solar and Storage project in Lincoln county, Nevada, reaching final completion in December 2025. The project has 185 MW of solar capacity along with 400 MWh of battery storage. Construction of the solar plants was carried out by Bechtel Infrastructure and Power Corporation. Power from the project is being supplied to four customers in Nevada under long-term arrangements.
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Masdar and ENGIE have achieved financial close for the 1.5 GWac Khazna solar project in Abu Dhabi. The financing package has been secured from seven regional and international lenders, including Abu Dhabi Islamic Bank, Crédit Agricole Corporate and Investment Bank, KfW IPEX, BNP Paribas, Hong Kong and Shanghai Banking Corporation, Sumitomo Mitsui Trust Bank, and Emirates Development Bank.
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Origis Energy and Meta have entered into a long-term power purchase agreement (PPA) for the Greyhound A solar project located in West Odessa, Texas. The project has a capacity of 303 MWdc, equivalent to 240 MWac, and is scheduled to reach commercial operations by mid-2026. Greyhound A forms part of a 1 GW broader energy infrastructure complex with a fully subscribed solar portfolio being developed by Origis Energy in west Texas.
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Tokyo Century Corporation has established a joint venture (JV) company with Downing LLP to invest in and develop solar projects in the United Kingdom. The JV will cover the full project lifecycle, including construction, ownership, and operations. The JV aims to develop a solar portfolio with a cumulative capacity of around 500 MW across approximately 10 sites by 2028.
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EDP has brought into operation a hybrid renewable energy project in central Portugal that combines onshore solar generation with hydropower. This 89 MW project, called the Pracana complex, is located across the municipalities of Mação and Proença-a-Nova, in the districts of Santarém and Castelo Branco. The project integrates a 48 MW solar plant with the existing 41 MW Pracana hydropower facility on the Ocreza river.
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