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)
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)
re:cap green energy acquired 51.7 MW solar projects from Milvio Energy, with completion expected between Q1 and Q4 of 2025. (Image Credit/Source: TheOtherKev/Pexels)