deals

Lightsource bp has signed a virtual PPA with Toyota Motor North America to sell electricity generated at its 231MW Jones City 2 solar farm.

The Glenfarne Group has acquired a portfolio of solar PV and co-located BESS assets in Chile from Metlen Energy & Metals.

Global investor KKR has acquired 50% of a 1.4GW solar portfolio in North American from French oil major TotalEnergies.

Spanish IPP Velto Renewables has acquired a portfolio of 53 operational solar assets in Spain with a combined capacity of 260MW.

JP Casey investigates efforts currently being made to standardise the offtake agreement for the renewable power sector.

Illuminate USA has signed a five-year deal with US panel recycling firm Solarcycle to acquire solar glass manufactured in the US.

Renewable energy investment platform Nexwell Power has acquired a 248MWp solar PV portfolio from energy service provider Q Energy in Spain.

Stonepeak has acquired a 46.3% stake in Repsol’s 777MW solar and storage portfolio currently in operation in New Mexico and Texas.

Adapture Renewables has acquired a 110MW solar-plus-storage project from Samsung C&T Renewables in Colorado.

Offtakers signed 25 power purchase agreements (PPAs) in Europe in January 2025, for a total of 790MW of electricity generation capacity.