Today’s renewable energy news includes announcements on EDP, Clearvise, Waaree Energies, among others.
EDP Completes Sale of 190-MW Solar Portfolio in Spain
EDP has completed the sale of a 190-MW solar photovoltaic portfolio in Spain, advancing its strategy of active asset rotation. The portfolio is based on utility-scale solar PV technology, delivering stable, low-carbon electricity. Innovation is reflected in EDP’s portfolio management and capital recycling approach, monetising mature assets to fund new growth. From an investment perspective, the transaction unlocks capital, strengthens balance-sheet flexibility, and supports reinvestment into higher-growth renewable opportunities. Consumer benefits include the continued operation of clean energy assets supplying the Spanish grid. Strategically, the sale aligns with EDP’s focus on optimising its renewables portfolio while accelerating expansion in priority markets. The divestment supports EDP’s growth plans, enabling further development of new wind, solar, and storage projects.
Clearvise Commissions 17-MW Agrivoltaic Solar Park in Bavaria
Clearvise has powered up a 17-MW agrivoltaic solar park in Bavaria, combining renewable electricity generation with agricultural use of land. The project deploys agrivoltaic solar PV technology, designed to allow farming activities beneath elevated solar structures. Innovation lies in dual land use, improving land efficiency while supporting both food production and clean energy. From an investment perspective, commissioning brings a niche but scalable asset into operation, enhancing portfolio diversification. Consumer benefits include access to low-carbon electricity, reduced emissions, and more sustainable land management practices. Strategically, the project aligns with Germany’s energy transition and Clearvise’s focus on innovative renewable formats. The milestone supports Clearvise’s growth plans, demonstrating a replicable agrivoltaic model for future developments.
Waaree Energies Secures 1,500 MW Domestic Solar Module Supply Order
Waaree Energies has secured a major domestic order to supply 1,500 MW of solar modules to a leading power generation company, reinforcing its position as one of India’s largest solar PV manufacturers. Headquartered in Mumbai, Waaree Energies operates large-scale manufacturing facilities in India and supplies solar modules to both domestic and international markets. The company has been expanding capacity in line with India’s push for renewable energy self-reliance and large utility-scale solar deployments. This order highlights strong demand for locally manufactured solar modules, supported by government policies promoting domestic manufacturing and the rapid growth of utility-scale solar projects across the country.
FAHEEMA P