17/05/2026-Solar Energy Investment News & People Move
- Viridian Energy
- May 16
- 5 min read
USA NEWS
New Mexico partners unveil community solar portfolio
Three renewable energy firms — Pluma Construction, ForeFront Power and Standard Solar — have launched a 48.4-MW community solar portfolio across New Mexico. The eight-project portfolio is among the first major developments under the state’s new community solar program and is expected to expand access to affordable clean energy for thousands of residents. Standard Solar will own and operate the projects long-term, while Solstice will manage subscriptions and customer acquisition. The projects are expected to generate more than 103,000 MWh annually, supporting New Mexico’s renewable energy transition and broader community access goals.
Revision to build 1.34-MW community solar array atop former landfill
ReVision Energy is partnering with the town of Jaffrey, New Hampshire, to build a 1.34-MW community solar project on a capped former landfill site. The installation will use 2,266 U.S.-assembled solar panels and is projected to generate over 1.7 million kWh of electricity annually. Repurposing the unused landfill into a clean energy asset highlights the growing trend of converting brownfield sites into renewable energy developments. The project is designed to deliver community solar benefits to local subscribers while supporting state clean energy targets and reducing reliance on fossil fuel generation through productive reuse of previously unusable land.
Arava Power agrees to acquire half of 670-MW OCI Energy Texas solar project
Arava Power has signed an agreement to acquire a 50% ownership stake in the 670-MWdc La Salle Solar project from OCI Energy. Located in La Salle County, Texas, the utility-scale project is expected to begin commercial operations in 2028 and will become the largest single-site solar project for both companies. Under the agreement, the two firms will jointly finance, construct, own and operate the facility. The partnership strengthens Arava Power’s expansion into the U.S. market while reinforcing OCI Energy’s large-scale development pipeline in Texas’ rapidly growing solar sector.
Cherry Street Energy installs solar project for international talent consultancy
Cherry Street Energy has completed a commercial solar installation for an international talent consultancy, continuing its expansion in the distributed solar sector. The project supports the client’s sustainability goals by reducing electricity costs and carbon emissions through onsite renewable generation. Cherry Street Energy specializes in managed solar power solutions that allow businesses to adopt solar without upfront capital investment. The installation reflects increasing demand among corporate clients for clean energy solutions that provide long-term energy price stability and environmental benefits. The project also highlights growing adoption of commercial solar systems across office and professional services industries in the United States.
Inox Clean acquires U.S. solar assets for $750 million
Inox Clean Energy has acquired solar manufacturing assets of U.S.-based Boviet Solar in a deal valued at approximately $750 million. The acquisition gives Inox Clean access to around 6 GW of solar manufacturing capacity in the United States, significantly strengthening its international renewable energy footprint. The move marks Inox Clean’s strategic entry into the U.S. solar manufacturing market amid growing demand for domestic clean energy supply chains. The transaction is expected to enhance the company’s capabilities across utility-scale, commercial and residential solar markets while supporting its long-term global expansion ambitions.
Germany News
Negative electricity prices reduce solar market value factors across Europe
According to a new analysis by Swiss renewable energy consultancy Pexapark, falling power prices and increasing periods of negative electricity pricing are reducing photovoltaic market value factors across Europe. The study compared April 2025 and April 2026 data and found declines in key solar markets, including Germany, France, Italy, Spain and Poland. The rise in solar generation during periods of oversupply has pushed more electricity into hours with negative pricing, reducing project revenues for solar operators. The report highlights growing pressure on European power markets to improve grid flexibility, energy storage deployment and demand-side management as renewable energy penetration continues accelerating across the continent.
Germany selects 2.3 GW of projects in oversubscribed solar auction
Germany’s Federal Network Agency has awarded approximately 2.3 GW of utility-scale solar capacity in its latest oversubscribed ground-mounted photovoltaic auction. The tender attracted 634 bids totaling more than 5.2 GW, more than double the auctioned capacity of 2.328 GW, demonstrating continued strong investor interest in the German solar market. Authorities selected 262 projects with most winning bids located in Bavaria, Saxony-Anhalt and Brandenburg. The lowest successful bid came in at €0.039/kWh, highlighting ongoing cost competitiveness in Germany’s renewable sector. The auction results reinforce Germany’s ambition to rapidly expand solar deployment and meet its long-term renewable electricity and climate targets.
Germany’s growing battery sector seen as major energy security opportunity
A new analysis from climate think tank Ember highlights battery storage as a major opportunity for Germany’s energy transition and energy security strategy. The report argues that large-scale battery deployment can help stabilize the grid, reduce dependence on gas-fired generation and support higher levels of renewable energy integration. However, Ember warns that policy uncertainty and preferential treatment for gas infrastructure in future capacity auctions could slow battery investment growth. Germany already leads Europe in operational battery capacity, supported by rapid solar and wind expansion. Analysts say stronger policy support, faster permitting and stable market frameworks will be critical for scaling battery storage and improving long-term grid reliability.
Peoples Move
Nathan Rudolph joins Origis Energy as VP of Project Delivery
Origis Energy has appointed Nathan Rudolph as Vice President of Project Delivery. In this role, Rudolph will oversee the execution and delivery of the company’s large-scale renewable energy projects across the United States. He brings extensive experience in construction management, utility-scale solar deployment and project operations, supporting Origis Energy’s expanding clean energy pipeline. The appointment reflects the company’s focus on strengthening operational leadership as demand for utility-scale solar and storage projects continues to grow. Rudolph is expected to help improve project execution efficiency, delivery timelines and coordination across engineering, procurement and construction activities.
Jonathan Bain appointed Chief Operating Officer at Intersect
Intersect Power has named Jonathan Bain as Chief Operating Officer. Bain will lead operational strategy and execution as the company continues expanding its renewable energy and battery storage portfolio across North America. He joins Intersect with significant leadership experience in energy infrastructure, project development and operational management. The appointment comes as Intersect accelerates deployment of utility-scale solar, storage and clean fuels projects to meet rising electricity demand. Bain’s leadership is expected to support project scalability, operational performance and long-term growth initiatives while strengthening the company’s position within the rapidly evolving renewable energy sector.
Rusty McLellan named President of South Business Unit at SitelogIQ
SitelogIQ has appointed Rusty McLellan as President of its South Business Unit. McLellan will oversee regional operations, business growth and customer engagement across the southern United States. He brings extensive experience in energy solutions, infrastructure modernization and operational leadership. SitelogIQ specializes in energy efficiency, sustainability and facility improvement projects for public sector and commercial clients. The leadership appointment supports the company’s strategy to expand regional operations and strengthen execution capabilities amid growing demand for energy optimization and decarbonization solutions. McLellan is expected to drive operational performance and support long-term strategic growth initiatives across the region.
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