SolarAfrica has achieved financial close of R 1.5 billion for the development of SunCentral 2, a 114 MW solar plant in the Northern Cape. The funding has been arranged through RMB and Investec Bank Limited. The project is scheduled to begin supplying power in 2026. SunCentral 2 follows SunCentral 1, which also has a capacity of 114 MW and reached financial close at the end of 2024.
Read More
Greenwood Sustainable Infrastructure (GSI), the North American renewable energy subsidiary of Libra Group, has reached financial close on a construction-to-term facility and an investment tax credit bridge financing for its 100 MWac Turning Sun solar project. The financing totals more than $200 million and supports the development, construction, and long-term operation of the project.
Read More
ib vogt has completed the sale of a 272 MWp solar portfolio in Ireland for a total enterprise value of approximately €230 million. The portfolio comprises three utility-scale projects: Gaskinstown with a capacity of 94.7 MWp in County Meath, Rathnaskilloge with a capacity of 107.7 MWp in County Waterford, and Clonin North with a capacity of 69.4 MWp in County Offaly. The assets were developed by Highfield Solar, an ib vogt’s joint venture.
Read More
Gulf Development Public Company Limited (GULF) has secured loan facilities worth approximately $1.9 billion to support the development of 27 renewable projects in Thailand with a total generation capacity of 939 MW. The financing has been arranged through the company’s renewable energy and waste-to-energy subsidiaries. The portfolio comprises 15 solar and solar-plus-storage projects along with 12 waste-to-energy plants.
Read More
The Department for Energy Security and Net Zero of UK has announced the results of a clean energy auction, spanning solar, onshore wind, and tidal projects. Around 4.9 GW of solar capacity was awarded across 157 projects, 1.3 GW of onshore wind from 28 projects, and 20.9 MW of tidal capacity from four projects. The tariffs for onshore wind capacity was £72.24 per MWh, while the tariff for solar projects was £65.23 per MWh.
Read More
TotalEnergies has entered into two long-term power purchase agreements (PPAs) to supply 1,000 MW of solar capacity to Google for its data centres in Texas over a 15-year period. The agreements cover renewable electricity generation of approximately 28 TWh during the contract term. Power will be sourced from two solar projects, namely the 805 MWp Wichita project and the 195 MWp Mustang Creek project.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More