top of page
Search

12/10/2025-Solar Energy Investment News & People Moves

  • Writer: Viridian Energy
    Viridian Energy
  • Oct 11
  • 4 min read

USA News


Nexamp Secures $330 Million for Solar + Storage Projects


Orange and white abstract arrow and X design on a dark blue background, no text, minimalist and modern style.

Nexamp has announced it has secured USD 330 million to finance, construct, and manage a portfolio of approximately 20 new distributed solar and energy storage projects in the U.S. This capital comes via a three-year construction warehouse facility, led by MUFG ($200 million), ING ($100 million), and Siemens Financial Services ($30 million), with U.S. Bank acting as collateral agent. The move builds on a prior USD 350 million debt facility from Macquarie to support more than 1 GW of renewable developments.




Newsom vetoes another bill to curb California’s rising energy demand


California Governor Gavin Newsom vetoed Assembly Bill 740, which would have required a strategic deployment plan for virtual power plants (VPPs) combining rooftop solar, batteries, and other distributed energy resources. He argued the bill conflicted with the existing Resource Adequacy framework and would worsen the California Energy Commission’s budget deficit. The veto follows a similar decision regarding AB 44, and represents a setback for advocates who argued VPPs could deliver substantial cost savings and resilience benefits.


 


Arkansas to build 600 MW solar project for Google’s $4B data center


Gradient circle logo with an "e," left of black text "epicstream" on a white background. Colors blend from red to purple.

Arkansas regulators approved a 600 MW solar project (named “Project Pyramid”) to help power a new $4 billion Google data center campus near West Memphis. In addition to solar, the proposal includes a 350 MW energy storage component and supporting transmission infrastructure. The project will support five data centers across more than 1,200 acres and will tie into Google’s growing effort to integrate demand-response and grid flexibility measures.



 

 

Arevon begins operations at Ratts 1 and Heirloom solar projects in Pike County, Indiana


Red circle with a white triangular shape inside, resembling an arrow pointing upward. Simple, bold design on a white background.

Arevon Energy has launched operations at its Ratts 1 and Heirloom utility-scale solar projects in Pike County, adding 264 MW (DC) to Indiana’s grid. The $400 million investment is projected to deliver more than $86 million to local governments over time and support regional jobs, infrastructure, and economic activity. These are Arevon’s first owned projects in Indiana; Ratts 1 sells power under contract with the Indiana Municipal Power Agency (IMPA), and Meta is the offtaker for the Heirloom project.



 

After years of legal challenges, New Mexico celebrates its first community solar project


Following prolonged legal and regulatory obstacles, New Mexico has commissioned its first community solar project. The article describes how state stakeholders overcame disputes and developed enabling policies, resulting in a facility that allows residents and small consumers to subscribe to shares in solar output without needing on-site panels. The success marks a milestone in expanding access to solar for broader communities in the state.


 

 

Germany News


Frank Asbeck reacquires SolarWorld trademark rights


Frank Asbeck, the founder of SolarWorld, has successfully purchased the SolarWorld brand rights from the insolvency estate of Meyer Burger. The proceeds from the sale — described as a “notable amount” — will benefit the creditors of the insolvent German subsidiary of Meyer Burger. The insolvency administrator reported that the bidding process concluded with Asbeck as the winning bidder and that creditor approval has been secured.




BSW-Solar demands 100 GWh battery storage target by 2030


BSW logo with a stylized yellow sunrise and blue roof shape. Text reads "Bundesverband Solarwirtschaft". Simple, corporate design.

The German Federal Association for Solar Energy (BSW-Solar) is calling on the German government to legislate a minimum battery storage expansion target of 100 GWh by 2030. The move would require roughly a quadrupling of installed capacity in the next five years. The association also offered detailed recommendations for accelerating grid connection procedures, increasing transparency, and improving regulatory certainty to spur more rapid deployment of storage systems.

 

 

 

 

LEW builds solar park and plans PPAs for corporate offtake


White text "LEW" on a vibrant blue gradient background, creating a modern and bold visual effect.

LEW is developing a solar park with a total capacity close to 24 MW and intends to offer power purchase agreements (PPAs) to corporate customers at fixed prices. Companies interested in securing solar electricity under PPA terms are invited to engage with LEW for direct sourcing.

 


 

Sonnenkraft for the future: enso Asset Management launches PV push in Lombardy


Enso Asset Management has initiated a photovoltaic investment offensive in Italy’s Lombardy region. The move is part of its strategy to expand in the European solar sector, with plans to deploy new PV capacity in the region and leverage favorable market and regulatory conditions to build a sustainable pipeline of solar projects.

 

 

 

 

 WIRSOL delivers major solar plant for Pfenning Group in Ladbergen


Blue circle with white swirling design in center, resembling a vortex. No text. Simple, abstract logo on a plain background.

WIRSOL has executed a large-scale solar power plant project for the Pfenning Group in Ladbergen. The installation marks one of the group’s major renewable investments, aimed to provide sustainable energy and support their carbon-reduction goals. The project exemplifies WIRSOL’s capacity to deliver utility-scale PV solutions.


 



Peoples Move


SunCommon’s Leadership Leap

 

Two smiling men stand outside a green building. One wears a blue shirt with "suncommon" logo. The setting is grassy with trees and solar panels.

SunCommon recently announced that Mike McCarthy will become President and Jake Stocker will assume the role of Vice President of Operations. Both are longtime contributors to the company—McCarthy has led solar expansion since 2013, guiding projects across Vermont and New York, while Stocker advanced from solar installer to operations leader. Their promotions come at a pivotal moment in the industry, as upcoming federal tax credit changes demand agility and innovative strategies. With renewed leadership, SunCommon aims to strengthen its mission of making solar energy accessible and sustainable for communities.

 

 

 

 

BayWa r.e. Announces New Leadership for German Project Development

  

Man in glasses and blue suit stands outdoors, surrounded by green foliage. Background shows a wooden fence and blurred trees. Calm expression.
Jörg Penzlin (head of Wind)

BayWa r.e. has reorganised its project development operations in Germany, appointing Jörg Penzlin (head of Wind) and Marc Krezer (head of Solar Projects) as joint managing directors of the newly formed BayWa r.e. Energieprojekte GmbH.

Man in a dark suit and glasses smiling in a bright office setting with a blurred background. He exudes a professional and friendly demeanor.
Marc Krezer (head of Solar Projects)

This new entity consolidates all domestic wind, solar, and battery storage activities, aiming to leverage synergies and increase efficiency. Penzlin, with BayWa r.e. since 2013, will oversee project management, procurement of wind turbines, and administrative functions. Krezer, who has led solar project development since 2019, will manage project development, execution, and construction. The combined project pipeline currently amounts to about 3.7 GW.


 

 
 
 

Comments

bottom of page