26/07/2026-Solar Energy Investment News & People's Move
- Viridian Energy
- Jul 24
- 5 min read
USA News
Meta signs PPA for 172 MW of Louisiana solar
Meta has signed a long-term power purchase agreement (PPA) for 172 MW of electricity from a new utility-scale solar project in Louisiana, supporting the company’s growing demand for renewable energy to power its expanding data center operations. The agreement helps finance new clean energy capacity while advancing Meta’s goal of matching its electricity consumption with 100% renewable energy.
The project will contribute additional carbon-free electricity to the regional grid, create construction jobs, and support local economic development. The partnership also demonstrates continued corporate demand for large-scale renewable energy investments across the United States.
Minnesota solar project set to replace retiring coal plant reaches 710 MW
Xcel Energy has completed the third phase of the Sherco Solar project in Becker, Minnesota, bringing the facility’s total operating capacity to 710 MW. Built on land associated with the retiring Sherco coal-fired power plant, the project represents one of the largest solar developments in the United States.
Sherco Solar is a key component of Xcel Energy’s transition toward cleaner electricity generation while maintaining grid reliability. The project supports Minnesota’s clean energy goals, provides significant renewable generation capacity, and creates employment opportunities during construction while helping replace electricity previously supplied by coal generation.
Chicago contractor installs solar system fit for a president
A Chicago-based solar contractor completed a high-profile solar installation on a residence with historic significance, demonstrating how renewable energy can be successfully integrated into architecturally important properties. The project required careful planning, customized engineering, and close attention to preserving the building’s appearance while maximizing energy production.
Advanced solar technology was used to improve efficiency without compromising aesthetics. The installation showcases how experienced contractors can overcome technical and design challenges to deliver sustainable energy solutions for premium residential properties. The project also highlights the growing acceptance of rooftop solar across diverse building types and historic locations.
Brookfield to buy energy storage developer Aypa for $7 billion
Brookfield has agreed to acquire battery energy storage developer Aypa in a transaction valued at approximately $7 billion, strengthening its position in the rapidly growing energy storage market. The acquisition significantly expands Brookfield’s renewable energy portfolio and supports increasing demand for grid-scale battery storage that complements solar and wind generation.
Aypa has developed a substantial pipeline of storage projects across North America designed to improve grid reliability and facilitate renewable energy integration. The deal reflects growing investor confidence in energy storage as a critical component of the clean energy transition and future electricity infrastructure.
Ameco Solar earns REC Gold Tier Recognition for 2026
Ameco Solar has been awarded REC Gold Tier Recognition for 2026, acknowledging the company’s commitment to delivering high-quality solar installations and outstanding customer service. The recognition is granted to select REC Certified Solar Professional installers that consistently meet rigorous standards for technical expertise, installation quality, and customer satisfaction.
Gold Tier status also enables customers to access enhanced product warranties backed by REC, providing additional long-term value and confidence in their solar investment. The award reinforces Ameco Solar’s reputation as a trusted residential and commercial solar installer while highlighting its continued focus on excellence and industry best practices.
Europe News
Energiekontor, EHA and dm sign 11 MWp solar PPA in Germany
German renewable energy developer Energiekontor has signed a long-term power purchase agreement (PPA) with energy service provider EHA and retail chain dm-drogerie markt for electricity from an 11 MWp solar park scheduled to begin supplying power in 2027.
Under the agreement, EHA will purchase the electricity from Energiekontor and deliver it to dm stores across Germany, supporting the retailer's sustainability goals. The project highlights the growing demand for corporate renewable energy procurement through PPAs, providing long-term price stability while enabling new solar developments without relying solely on government subsidies.
MaxSolar and Saft enter European BESS partnership starting in Germany
German renewable energy developer MaxSolar has partnered with battery manufacturer Saft to deploy large-scale battery energy storage systems (BESS), beginning with projects in Germany.
The collaboration aims to integrate advanced lithium-ion battery technology into utility-scale renewable energy projects, improving grid flexibility, supporting renewable energy integration, and enhancing energy security. Germany will serve as the first market before expanding the partnership across Europe. The agreement reflects the increasing importance of battery storage in balancing intermittent solar and wind generation while strengthening Europe's transition to a cleaner and more resilient electricity system.
Germany's degraded peatlands offer up to 268 GW of solar potential
A new study by Fraunhofer ISE has identified between 134 GW and 268 GW of technical solar potential on Germany's degraded peatlands, covering approximately 334,500 hectares. The guidance recommends developing solar projects on previously drained agricultural peatlands while restoring them through rewetting, helping reduce greenhouse gas emissions and creating additional income opportunities for farmers and landowners.
The report outlines planning, operational, and regulatory considerations for peatland PV systems and supports Germany's climate goals by combining renewable energy generation with ecological restoration. The approach could significantly reduce land-use conflicts for future utility-scale solar development.
Hybrid PPAs see growing adoption in Europe despite a 24% premium over solar PPAs
Hybrid power purchase agreements (PPAs), combining solar, wind and often battery storage, are gaining momentum across Europe despite costing around 24% more than standalone solar PPAs. Businesses are increasingly choosing hybrid contracts because they provide a more consistent electricity supply, reduce exposure to market price volatility, and improve energy security.
The broader generation profile lowers balancing costs and better matches corporate electricity demand throughout the day. As renewable energy markets mature, hybrid PPAs are expected to become increasingly attractive for large energy buyers seeking reliable, long-term access to clean electricity while supporting the expansion of diversified renewable energy portfolios.
Peoples Move
Brandon Mathis Appointed Director of Quality and Construction at Opal Energy Group
Brandon Mathis has been appointed Director of Quality and Construction at Opal Energy Group, bringing extensive experience in construction quality management, field operations, and project execution within the renewable energy sector. In this leadership role, he will oversee quality assurance, construction standards, and operational excellence across the company's solar and energy infrastructure projects. His expertise in maintaining safety, improving construction processes, and delivering high-quality project outcomes will support Opal Energy Group's continued growth and commitment to reliable renewable energy solutions. His appointment further strengthens the company's focus on execution excellence and customer satisfaction across its expanding project portfolio.
William D. Bray Appointed Senior Director of Business Development at TruGrid
William D. Bray has joined TruGrid as Senior Director of Business Development, bringing more than 15 years of experience in utility-scale solar, battery energy storage systems (BESS), and renewable energy project development. He has built a strong track record in strategic partnerships, business growth, and EPC project delivery across North America.
In his new role, Bray will lead business development initiatives, strengthen client relationships, and support TruGrid's expansion in the rapidly growing renewable energy market. His industry expertise and commercial leadership will help drive new opportunities and reinforce TruGrid's position as a trusted provider of utility-scale clean energy infrastructure.
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