Germany’s independent Power Producer BayWa r.e. finalized the sale of 517 MW (DC) solar projects in the Pennsylvania, New Jersey, and Maryland (PJM) and Midcontinent Independent System Operator (MISO) regions. The projects were sold to a leading Independent Power Producer (IPP). The projects, set to become operational by 2025. This will also enhance US renewable energy capacity while supporting local economies with jobs and tax revenue. Legal counsel Stoel Rives and Marathon Capital advised BayWa r.e. in its largest US solar portfolio sale.
BayWa r.e. sells 517 MW (DC) PV projects in PJM and MISO regions
BayWa r.e.’s solar portfolio supports tax revenue and renewable energy growth in key US markets. (Image Source: Bawya-re)
LONGi’s 2025 contracts include 1 GW for Scatec and 1.25 GW for Masdar’s 4 GW solar project. (Image Source: Zawya)
Silfab’s Fort Mill facility expansion supports reshoring of US made solar products. (Image Source: Silfab Solar)
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)