NorthStar Clean Energy secures US$334 million for 250MW Michigan PV

March 19, 2025
Facebook
Twitter
LinkedIn
Reddit
Email
The 250MW capacity would be a significant addition for Michigan. Image: Unsplash

US energy company NorthStar Clean Energy has secured construction-to-term financing for a 250MW solar PV portfolio in Michigan.

The company – a subsidiary of Michigan-based energy utility CMS Energy – said the US$334 million financing will support the construction of the 200MW Branch solar project in Branch County, Michigan, and the 50MW Genesee Solar project in Genesee county. The Branch project will be the company’s largest asset in Michigan.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Northstar said that BNP Paribas, MUFG and SMBC were the lead arrangers of the funding transaction.

Michigan is not a leading state for solar deployments. The Solar Energy Industries Association (SEIA) lists it as 26th out of the 50 US states for cumulative solar capacity as of the end of 2024, with just over 1,8GW of total capacity. The utility-scale sector contributes the overwhelming majority of Michigan’s yearly capacity additions.

The development from NorthStar Clean Energy would be a significant one for the state’s solar sector; its 250MW is over half of the roughly 450MW of total solar capacity installed in 2024.

There is other work ongoing to increase the share of solar PV in Michigan. In October, DTE Energy commissioned a 150MW PV plant in Michigan; the company has approval from the Michigan Public Service Commission to develop 6.5GW of solar PV capacity in the state by 2042.

NorthStar operates solar, wind, biomass and natural gas plants across various US states. It says it has a pipeline of over 1GW of renewable energy assets.

PV Tech publisher Solar Media will be organising the fourth edition of Large Scale Solar USA in Dallas, Texas 29-30 April. After a record year for solar PV additions in the US, the event will dive into the ongoing uncertainties on tariffs, tax credits and trade policies as more domestic manufacturing becomes operational. Other challenges, such as the interconnection queues and permitting, will also be covered in Dallas. More information, including how to attend, can be read here.

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2028 and beyond.
13 October 2026
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023, 2024 and 2025 were a sell out success and 2026 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

Read Next

March 25, 2026
EDP Renewables North America, Linea Energy and LRE have all advanced solar projects in the US Midwest this week.
March 25, 2026
Spanish independent power producer (IPP) Zelestra has secured US$600 million in green financing for two solar PV projects totalling 440MW in Texas.
March 25, 2026
Indian solar PV manufacturer Waaree Energies is developing a INR39 billion (US$415 million) solar glass manufacturing facility in India.
March 25, 2026
Ceigall signs two PPAs worth US$145 million; Adani Green Energy commissions 510.1MW of renewable energy capacity at its Khavda site; Coal India extends a corporate guarantee for a 875MW solar project in Rajasthan.
March 25, 2026
Utility-scale solar PV and wind accounted for 17% of the US’ total electricity generation in 2025, according to the EIA.
March 25, 2026
Drawing on multiple field inspections, James Whittmore of Enertis Applus+ discusses some of the common problems emerging in the run-up to the US’s July project safe harbour deadline.

Upcoming Events

Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland