Today’s renewable energy news includes announcements from Schroders Greencoat, Uniper, Avangrid, and others.
Schroders Greencoat Acquires 283-MW UK Solar Portfolio from Metlen
Schroders Greencoat has acquired a 283-MW portfolio of operational solar assets in the UK from Metlen, expanding its renewable energy holdings and reinforcing investor confidence in UK utility-scale solar. The portfolio comprises multiple projects generating stable, long-term cash flows under established market frameworks. The transaction reflects strong institutional appetite for operational renewable assets, driven by predictable revenues and alignment with energy transition objectives. By adding scale in the UK solar market, Schroders Greencoat enhances diversification and portfolio resilience. Customers and power markets benefit from continued operation of low-carbon electricity assets, supporting emissions reduction and energy security. The deal underscores ongoing asset recycling among developers and long-term investors, facilitating fresh capital deployment into new renewable energy projects.
Uniper Secures Solar PPA With NKT for 17.2-MWp Project in Germany
Uniper has signed a power purchase agreement (PPA) with NKT for electricity from a 17.2-MWp solar PV project in Germany, strengthening corporate renewable energy sourcing in Europe. The agreement will supply clean, low-carbon solar power to support NKT’s cable manufacturing operations, helping reduce emissions and improve energy cost predictability. The long-term PPA underpins project bankability and supports continued investment in German utility-scale solar, aligning with the country’s energy transition goals. Rising industrial demand for renewable PPAs reflects efforts to hedge against power price volatility while meeting sustainability targets. Customers benefit from lower-carbon supply chains, stable electricity pricing, and enhanced energy security. The deal highlights the growing role of corporate solar PPAs in accelerating renewable capacity deployment across Germany.
Avangrid Starts Up 200 MW of Solar Capacity in Oregon
Avangrid has started up 200 MW of utility-scale solar farms in Oregon, expanding its renewable energy portfolio in the US Pacific Northwest. The newly operational projects will deliver clean, low-carbon electricity to the regional grid, supporting state and federal decarbonization goals. The milestone reflects continued investment in large-scale solar development, leveraging modern PV technology to enhance efficiency and reliability. Customers and utilities benefit from increased renewable supply, reduced emissions, and improved energy price stability. The projects also support local jobs and economic activity during construction and operations. The start-up strengthens Avangrid’s position in the US solar market and aligns with Oregon’s ambition to accelerate the energy transition and clean power deployment.
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