texas

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

US renewable energy company Sunraycer Renewables has closed a US$475 million project financing facility for two solar-plus-storage projects in Texas.

Texas-based renewables developer Vesper Energy has begun commercial operations on its 600MW Hornet Solar project.

Indian solar manufacturer Waaree Energies has planned to expand its US module assembly plant by 1.6GW to 3.2GW of annual nameplate capacity.

The US solar industry may be celebrating a record-breaking year with 49GW of new capacity added and renewables surpassing 1,000TWh of total electricity generation, but newly announced tariffs have created uncertainty.

Vesper sets a date to commission its Hornet Solar project, and Lightsource bp and Innergex commission projects in Louisana and Hawaii.

Through its US subsidiary, Mission Solar Energy, the Korean company will invest US$265 million in the construction of the plant.

Meta has signed offtake deals for various utility-scale PV projects, many of which are in Texas, where it has relocated some operations.

Construction of the solar cell plant is expected to begin in mid-year 2025 with commercial production beginning in the second half of 2026.

US tech giants Meta and Microsoft have both respectively signed solar PV agreements with developers Cypress Creek Renewables and Silicon Ranch in the US.