News

MIAMI, June 23, 2026 /PRNewswire/ — Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced the successful closing of construction to term loan financing, securing tax equity commitments and refinancing operating projects for a portfolio of utility-scale solar and storage projects in the U.S.. The portfolio includes 859MWdc of solar and 167MWh of battery energy storage systems across California, Idaho, and Texas. It includes two operating assets that have been refinanced, as well as two projects currently under construction. The construction assets have secured commitments from a tax equity and minority equity investor.

The SunZia Wind Project in New Mexico, the largest wind farm in the USA, is scheduled to begin commercial operations this month. The project has a total net summer generating capacity of 3,650 MW and consists of 916 wind turbines. SunZia is connected to a high-voltage transmission line that will deliver electricity to Arizona and California.

The Republic of Kenya has joined the Global Offshore Wind Alliance (GOWA), becoming the first African country to become part of the initiative. Kenya already generates nearly 90% of its electricity from renewable sources and is seeking to expand its offshore wind potential.

The US Department of the Interior has announced a settlement agreement with affiliates of Invenergy. Under the agreement, Invenergy will terminate four offshore wind leases and receive a partial refund of capital previously paid to the federal government.

PARIS, June 11 (Reuters) – France’s energy ministry said it would open on Friday a long-awaited call for tenders to develop 10 gigawatts of offshore wind projects, mostly located on the country’s west ​coast.

The three companies jointly develop financial solutions and funding strategies from development through construction and into operation.

On 11 June 2026 Shell Plc (SHEL) repurchased shares for cancellation under its buyback launched 7 May 2026; Goldman Sachs Intl handled trading from 7 May to 24 July 2026 within MAR limits

New Power Partners has appointed Henrik Hansen as Chief Executive Officer. Hansen has served as Interim CEO and Chief Operating Officer and brings extensive experience from the renewable energy sector and project management.

Copenhagen Infrastructure Partners and Vietnamese contractor-developer Fecon have proposed developing a 1 GW onshore wind project in Laos to export electricity to Vietnam. The plan involves studying a 1,000 MW wind farm in Savannakhet province, with power exports to Vietnam targeted between 2026 and 2028.

The head of global inverter giant SMA Group says it is no longer able to compete with Chinese rivals in the home and commercial market in Australia, although the country remains one of its biggest market based on the large scale utility business alone.