Origis Energy has announced the commissioning and commencement of operations of three Swift Air Solar plants in Texas. The projects were executed in three phases, with the final phase delivered in late 2025. The projects are located in Ector County and have a combined capacity of 500 MWdc. Origis undertook the planning, development, and construction of the solar plants.
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Lydian Energy has secured $689 million in financing for two solar projects, AC Ranch 1 and Yellow Viking, along with the Faraday battery energy storage system (BESS) project. The financing package is backed by CIBC and MUFG. It includes a construction-to-term loan, tax credit bridge loan, co-investment bridge loan, and a letter of credit facility. The projects are part of Lydian’s portfolio backed by Excelsior Energy Capital.
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Sonoco Products Company and ENGIE North America have commenced electricity delivery under a virtual power purchase agreement (VPP) linked to the Big Sampson wind project in Crockett county, Texas. The agreement covers an estimated 140 MW of electricity annually for a 15-year term starting from the project’s commercial operation.The project was completed in late 2025 and consists of 60 wind turbines, each with a capacity of 4.5 MW.
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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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Spearmint Energy has closed an equity investment with Kyuden International Corporation for two battery energy storage system (BESS) projects in Texas. The investment covers the Tierra Seca and Seven Flags projects, each with a capacity of 100 MW/200 MWh, located in Del Rio and Laredo, respectively. Together, the two projects add 400 MWh of battery storage capacity to ERCOT.
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Energy Vault Holdings, Inc. has begun construction of the SOSA energy center, a 150 MW/300 MWh battery energy storage system (BESS) project located in Madison County, Texas, within the ERCOT North market. The project was initially developed by Savion, a Shell plc subsidiary, and was acquired by Energy Vault in the fourth quarter of 2025. Commercial operations for the project are expected in the second quarter of 2027
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RWE has commissioned the Stoneridge solar project in Milam County, Texas. The project, comprising 200 MW of solar capacity along with 100 MW/200 MWh of battery storage, will contribute to strengthening the regional energy supply. The project created more than 200 construction jobs and now includes ongoing permanent operational roles. Additionally, it is set to contribute several million dollars in tax revenue to Milam county.
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Cypress Creek Renewables has closed financing and begun construction on the 505 MWdc, or 396 MWac, Hanson solar project in Coleman County, Texas. The solar project will supply power to Meta under a long-term power purchase agreement. Financing was secured through a mix of preferred equity and debt. The preferred equity commitment was provided by funds managed by an unnamed global credit asset manager.
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Eolian has secured a $463 million financing package, arranged by Natixis Corporate & Investment Banking, to advance the construction of its Padua 2 and Padua 3 battery energy storage system (BESS) projects in Bexar County, Texas. The financing includes construction, term loan, and letter of credit facilities, ensuring both projects progress on schedule for commissioning between winter and spring 2026.
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Advanced Power has completed the sale of Rock Rose Energy Storage LLC. The Rock Rose Energy Storage project is a standalone 200 MW/400 MWh battery energy storage system (BESS) project located in Fort Bend County, Texas. Advanced Power received financial advisory support from PEI Global Partners for the transaction. The project is scheduled to commence operations in 2027.
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OCI Energy has closed construction financing for Project Alamo City, a standalone battery energy storage system (BESS) project in Bexar County, Texas. The financing package consists of a construction-to-term loan, a tax equity bridge loan, and letters of credit. The debt was underwritten by ING, which acted as sole coordinating lead arranger, bookrunner, and green loan coordinator, in addition to serving as administrative agent.
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Ingeteam has provided photovoltaic (PV) inverters for the Parliament Solar project located in Waller County, near Houston, Texas. The project has a capacity of 640 MWdc, and is expected to generate nearly 1,100 GWh of electricity annually. The company’s scope of delivery for the project included 149 units of its 149 INGECON® SUN 3Power Series C liquid-cooled central photovoltaic inverters.
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Diamond Infrastructure Solutions has signed an agreement with Third Pillar Solar, granting access to its Texas reservoir system for the assessment and potential deployment of utility-scale floating solar projects. The collaboration is expected to reach a capacity of up to 500 MW. The projects will utilise unused reservoir surfaces to generate clean energy along with reducing freshwater loss from evaporation.
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Sabanci Renewables has acquired the Lucky 7 Solar project from OCI Energy. Lucky 7 Solar is a 100 MWac/130 MWdc solar project located in Hopkins County, Texas, within the ERCOT-North market. The project spans about 745 acres and will supply electricity to the grid to support rising demand in the region. It is expected to begin commercial operations in 2027. The project was developed by OCI Energy before the transaction.
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Pine Gate Renewables and Meta have signed a renewable purchase agreement for a 210 MW solar energy project. The project, named Magnolia Solar, is located near Seguin, Texas. This marks the fourth collaboration between the two companies. Magnolia Solar is expected to begin commercial operations in 2026 and will contribute to Meta’s clean energy targets by supporting its operations with renewable electricity.
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Xcel Energy has announced a portfolio of new power projects. The projects will help in meeting the increasing energy demands of the company’s Texas and New Mexico service area. The portfolio consists of extensions of 521 MW of existing generation along with the addition of 17 new power projects. By 2030, the new power projects will add 5,168 MW of nameplate capacity to the region’s generation fleet.
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Lydian Energy has secured $233 million in project financing to support three battery energy storage system (BESS) projects in Texas’ ERCOT power market. ING and KeyBank backed the financing. The three projects are Pintail, Crane, and Headcamp, having a combined capacity of 550 MW. The projects are currently under construction and are expected to be placed in service in the fourth quarter of 2025.
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Adapture Renewables has executed two environmental attributes purchase agreements (EAPAs) with Meta. The agreements total 360 MW across two solar projects in Texas’s ERCOT region. The projects are expected to reach commercial operation in 2027. The agreements align with Meta’s sustainability goals and build on three previously executed agreements between the two companies in 2023.
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Waaree Solar Americas, a wholly owned US subsidiary of Waaree Energies Limited, has inked a 586 MW solar module supply agreement with a US-based independent power producer. The project is valued at $176 million. The modules will be manufactured in the company’s facility in Brookshire, Texas, and are scheduled for delivery during the financial year 2026-27 across four projects. The modules will leverage several domestically produced components.
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OCI Energy, CPS Energy, and LG Energy Solution Vertech, which is the US energy storage division of LG Energy Solutions, have inked a memorandum of understanding (MoU) for the Alamo City battery energy storage system (BESS) project. The project has a capacity of 120 MW/480 MWh and is currently under development in Bexar County, Texas. OCI Energy is the project developer. The project is expected to reach commercial operation in 2027.
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