Today’s renewable energy news includes announcements Engie, Meta, Paraguay, Nextracker, Abunayyan, among others.
Engie Signs 600-MW Solar PPA with Meta in Texas
Engie North America has signed a 600-MW power purchase agreement (PPA) with Meta to supply renewable electricity from multiple solar projects in Texas. This partnership highlights a strong investment in clean energy infrastructure and a long-term sustainability strategy for both companies. Engie’s innovation lies in deploying large-scale solar capacity integrated with advanced energy management systems, ensuring reliable and low-cost green power. For Meta, the deal supports its carbon-neutral data center operations, meeting growing energy demands responsibly. The collaboration benefits local communities by driving job creation, grid stability, and economic growth, while reinforcing customer trust in sustainable business practices. This agreement strengthens both firms’ leadership in the renewable energy transition.
Paraguay Starts Up 1.1-MWp Floating Solar Plant on Itaipu Reservoir
Paraguay has commissioned a 1.1-MWp floating solar power plant on the Itaipu hydroelectric reservoir, marking a milestone in the nation’s clean energy transition. Developed by Itaipu Binacional and partners, the project demonstrates innovation in hybrid renewable systems, combining hydropower and solar for greater grid efficiency. The initiative enhances energy diversification and provides valuable insights for scaling floating solar across Latin America. With minimal land use and high solar yield, it delivers environmental and operational benefits, including reduced evaporation and improved water management. The investment aligns with Paraguay’s sustainability strategy, promoting green technology adoption and supporting local research and employment, ultimately boosting energy security and customer resilience in the region.
Nextracker, Abunayyan Holding Form Saudi Solar Tech JV
Nextracker and Abunayyan Holding have partnered to establish a joint venture in Saudi Arabia focused on manufacturing solar tracking systems for utility-scale solar plants. The collaboration aligns with Saudi Arabia’s Vision 2030 goals to expand local clean energy manufacturing and reduce carbon emissions. The JV will enable technology transfer, boost local job creation, and strengthen the solar supply chain. It will also enhance project efficiency and output through advanced tracking technologies optimized for desert conditions. This strategic investment underscores both companies’ commitment to advancing renewable energy innovation, supporting domestic industrial growth, and meeting the region’s growing demand for sustainable power solutions.
Faheema P