29/03/2026-Solar Energy Investment News & People Moves
- Viridian Energy
- Mar 28
- 5 min read
USA News
Arevon Launches 250 MW Energy Storage Project in California
Arevon Energy has begun construction of its 250 MW / 1,000 MWh Cormorant battery energy storage project in California, marking a significant step in grid reliability expansion. The $600 million project, located in Daly City, is expected to be operational by 2027 and will power around 321,000 homes for up to four hours.
The system will use lithium iron phosphate battery technology and has secured a long-term offtake agreement with MCE. The project highlights the growing role of large-scale battery storage in stabilizing renewable-heavy grids.
EDP Renewables’ Illinois Solar Project to Support Microsoft
EDP Renewables is advancing a 150 MW solar project in Illinois, contributing to clean energy supply for Microsoft.
The project is part of a broader trend where tech companies secure renewable power through long-term agreements to support energy-intensive operations like data centers. Microsoft continues expanding its renewable portfolio to meet sustainability and carbon reduction targets. This collaboration reflects the increasing alignment between renewable developers and hyperscale tech firms, driving utility-scale solar deployment across the U.S. market.
Zelestra Secures $600M for Texas Solar Portfolio Backed by Meta
Zelestra has secured $600 million in financing for a 440 MW solar portfolio in Texas, with long-term power purchase agreements from Meta Platforms. The portfolio includes major projects such as Echols Grove and Cedar Range, expected to be operational by 2027.
These solar plants will supply renewable energy to Meta’s data centers, supporting its goal of 100% clean energy usage. The projects will deploy over 700,000 bifacial modules, reinforcing the growing role of corporate PPAs in scaling large solar developments in the U.S.
New York Files $275M Lawsuit Against Attyx Over Solar Fraud
The New York Attorney General’s Office has filed a $275 million lawsuit against Attyx, alleging deceptive sales practices targeting vulnerable homeowners.
Authorities claim the company misled customers with promises of “free” solar systems and roof repairs, later locking them into expensive long-term loans. The lawsuit highlights widespread concerns about predatory financing and misleading marketing in the residential solar sector. Regulators are seeking restitution, contract cancellations, and a ban on Attyx’s operations, signaling stricter oversight of consumer protection in clean energy markets.
Lego Expands Solar Integration at New U.S. Factory
The Lego Group is investing heavily in solar energy for its new U.S. factory in Virginia, aiming to run on 100% renewable energy. The project includes over 30,000 ground-mounted panels (22 MW) and additional rooftop systems totaling around 28 MW capacity.
Spread across nearly 80 acres, the solar installation is a key component of Lego’s sustainability strategy and net-zero ambitions. The initiative demonstrates how industrial players are integrating on-site renewable generation to decarbonize manufacturing while reducing long-term energy costs.
Germany News
RP Global Expands German Portfolio with 15 MWp Solar Acquisition
RP Global has agreed to acquire two advanced-stage solar projects in Baden-Württemberg, Germany, totaling around 15 MWp from a subsidiary of Vattenfall.
The Schoental and Widdern projects are expected to reach commissioning by the end of 2026, with construction of the first site starting in Q2. Developed under Germany’s EEG support scheme, the projects benefit from streamlined permitting rules introduced in 2025. This acquisition strengthens RP Global’s footprint in southern Germany and aligns with its strategy of developing decentralized generation closer to demand centers amid ongoing grid expansion challenges.
Münch Energie Connects 500 MWh Battery Cluster to German Grid
Münch Energie is connecting a 500 MWh battery energy storage cluster in Saxony-Anhalt, forming one of Germany’s largest integrated BESS networks.
The project consists of five large-scale systems, each around 100 MWh, and is expected to scale up to 800 MWh by the end of 2026. Designed to stabilize the grid and support renewable integration, the cluster will provide services such as frequency regulation and energy arbitrage. The initiative highlights Germany’s rapid expansion in grid-scale storage to manage increasing solar and wind penetration.
German Businesses Turn to Solar + Storage Amid Energy Volatility
German companies are increasingly investing in combined solar and battery storage systems to hedge against volatile energy prices and improve energy security. Rising electricity costs and market fluctuations have driven industrial players to adopt on-site generation paired with storage for greater control over energy supply.
Solar-plus-storage solutions allow businesses to reduce reliance on grid power, optimize energy consumption, and benefit from peak shaving. This trend reflects a broader shift toward decentralization and resilience, as companies seek long-term cost stability while contributing to Germany’s renewable energy transition.
E.ON Leads Germany’s Smart Meter Rollout with One Million Installations
E.ON has reached a major milestone by installing over one million smart meters across Germany, accelerating the country’s transition to a digitalized energy system.
These devices enable real-time monitoring, improved grid efficiency, and better integration of renewable energy sources. The rollout supports Germany’s broader efforts to modernize its electricity infrastructure and enhance demand-side management. As smart grids become essential for balancing decentralized energy generation, E.ON’s initiative positions it at the forefront of digital energy transformation in Europe.
Sunfarming Advances 753 MWp Agrivoltaic Project in Germany
Sunfarming is progressing a 753 MWp agrivoltaic project in Germany, combining large-scale solar generation with agricultural land use. The project aims to optimize land efficiency by enabling simultaneous farming and energy production, supporting both food security and clean energy goals.
Agrivoltaics is gaining traction in Germany as policymakers and developers seek innovative solutions to land-use constraints. Sunfarming’s initiative underscores the growing importance of hybrid solar models in scaling renewable capacity while maintaining agricultural productivity.
Peoples Move
Array Technologies Strengthens Board with Strategic Appointments
Array Technologies has expanded its board of directors with the appointment of Gideon Argov and Srinath Narayanan as independent directors.
Argov brings deep experience in global operations, while Narayanan adds strong capital markets expertise from his role at Blackstone. These additions come as Array navigates rapid domestic and international expansion in the solar tracker market. Strengthening governance and strategic oversight is expected to support the company’s growth ambitions and enhance its ability to capitalize on increasing global demand for utility-scale solar infrastructure.
Centuri Holdings Appoints Industry Veteran to Board
Centuri Holdings has appointed Steven Nielsen as an independent director, bringing decades of leadership experience in utility infrastructure and specialty contracting.
Nielsen previously served as President and CEO of Dycom Industries for 25 years, guiding its expansion across North America. His appointment aligns with Centuri’s strategy to scale operations in the energy transition and infrastructure sectors. As demand grows for grid modernization and energy networks, Nielsen’s expertise is expected to strengthen the company’s strategic direction and execution capabilities in a rapidly evolving market.
Spiritus Bolsters Leadership to Accelerate Carbon Removal Scale-Up
Spiritus has strengthened its executive team with the appointments of Dorian West as Vice President of Engineering and Kip Hensley as Vice President of Project Development.
West previously contributed to early vehicle development at Tesla, while Hensley brings project execution experience from Brightmark. These hires aim to accelerate the deployment of Spiritus’s “Carbon Orchard” technology, positioning the company to scale large-scale carbon removal solutions amid growing demand for climate-focused innovations.
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