Avantus, the US-based developer of utility-scale solar and energy storage projects, has increased its corporate credit facility to $1.28 billion from $1.05 billion, adding five new lenders to its financing consortium. It says the expanded credit facility will support the company’s independent power producer (IPP) strategy across California and the Desert Southwest. Its development pipeline totals 24 GW, including 13 GW of solar capacity integrated with 44 GWh of energy storage. The five new lenders are Helaba, MUFG, NordLB, Santander, and Standard Chartered. 
US-based energy infrastructure firm Panamint Capital has achieved financial close on phase I of a $1.8 billion green loan. It will use the proceeds to finance its 1.2 GW DC Big Rooter Power solar PV project in Robertson County, Texas. The $769 million Phase I will fund construction of the 491 MW DC Big Rooter West project, which is expected to start commercial operations in August 2028. Phase II, involving more than $1 billion, will finance the 658 MW DC Big Rooter East project. Its financing is expected to close in Q1 2027, with commercial operations targeted for August 2029. Together, the two phases will form what Panamint describes as North America’s largest brownfield renewable energy project, developed on reclaimed coal mine land at its Twin Oaks Complex. 
Waaree Solar Americas has started commercial production at two new solar module manufacturing lines at its Brookshire facility in Texas, US. The two lines have a combined annual capacity of 1.6 GW, taking the facility’s total installed module manufacturing capacity to 3.2 GW. Waaree Solar Americas is the wholly-owned subsidiary of Waaree Energies of India. 
INOX Solar Americas, the US subsidiary of Indian solar energy company INOX Solar, is on track to begin commercial production at its planned US solar cell manufacturing facility in Q2 2027. The project is part of the company’s plans to establish solar manufacturing operations in the US. The 3 GW facility, spanning 515,460 sq. ft., is located in Greenville, North Carolina. INOX says the factory has moved into the equipment installation phase. Once operational, it will complement the company’s existing 3 GW US PV module manufacturing capacity and support a more integrated domestic supply chain. INOX Solar Americas acquired Boviet Solar’s US PV manufacturing assets comprising 3 GW module and 3 GW planned cell capacity (see North America Solar PV News Snippets). 
Crayhill Capital Management-backed Sunraycer Renewables has acquired two utility-scale solar projects with a combined capacity of 325 MW AC from Apricus Energy. The latter is a joint venture between NOVI Energy and Osaka Gas USA. The acquisition includes the 175 MW AC Gem City project in Adams County, Illinois, and the 150 MW AC Mighty Mississippi project in New Madrid County, Missouri. The transaction expands Sunraycer’s presence in the Midcontinent Independent System Operator (MISO) market. Both projects are in the final phase of the MISO interconnection process. Construction is expected to begin in early 2028, and commercial operations are targeted for 2029. Sunraycer says it expects to use safe-harbored equipment for both the assets. 
T1 Energy has signed new offtake agreements covering more than 1.58 GW of solar modules. The contracts, including agreements with subsidiaries of independent power producer (IPP) Avantus, will cover the supply of high-efficiency TOPCon solar modules from its 5 GW G1_Dallas manufacturing facility in 2027 and 2028. The modules are expected to use a combination of imported solar cells and domestically manufactured cells from T1 Energy’s under-construction G2_Austin cell factory in Rockdale, Texas. With the latest agreements, the company says it has secured contracts for more than 4 GW of its 2027 module manufacturing capacity. The first 2.1 GW phase of the G2_Austin facility is expected to begin cell production in Q1 2027. T1 expects to offer modules with more than 60% domestic content in 2027.  
T1 Energy will attend the TaiyangNews Solar Made in the USA 2026 conference in Las Vegas, USA, on November 18, 2026, focusing on solar manufacturing in the US. To be held during RE+ 2026, the conference is organized in partnership with EUPD and RE+. Registration details are available here. 
Utility-scale renewable energy and energy storage developer rPlus Energies has secured a three-year revolving credit facility of up to $450 million in the US. It will enable the company to support the development and construction of its near-term project pipeline across the American West. The facility, which provides borrowing capacity and letters of credit, is backed by cash flows from nearly 1 GW of operating assets. This includes the Green River Energy Center and Pleasant Valley Solar 2, both operational. Canadian Imperial Bank of Commerce (CIBC) acted as Lead Left Arranger and Administrative Agent. The facility was syndicated to the National Bank of Canada, Truist Bank, KeyBank, Wells Fargo, MUFG, and Zions Capital Markets. 
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