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Meta and Zelestra, a global, multi-technology, customer-focused renewable energy company, announced an expansion of their energy collaboration with a new power purchase agreement (PPA) for the 180 MWdc (140 MWac) Palmera solar plant in Freestone County, Texas. The announcement builds on major construction and operational milestones across the partnership portfolio. Zelestra recently began construction on the 176 MWdc Skull Creek Solar Plant in Anderson County, Texas, and the 200 MWdc Reclamation Solar Project in Gibson County, Indiana, both backed by Meta PPAs.

Together, the projects are expected to support 400 jobs at peak construction and will join the 81 MWdc Jasper County Solar Project in Indiana, which recently reached full commercial operation as the first project delivered under the collaboration.

Palmera will help support Meta’s goal of adding new renewable generation to the grid while matching its operations with 100% clean energy. Zelestra and Meta now have PPAs covering approximately 1.4 GWdc of solar capacity across eight US projects, all expected to be operational by 2028.

“Meta is committed to bringing new renewable energy to the grid, and our expanding relationship with Zelestra is helping make that possible at scale. These projects aren't just advancing our energy goals — they're creating jobs and delivering long-term value in the communities where they operate and it shows what strong partnerships can achieve,” said Amanda Yang, Meta’s Head of Clean and Renewable Energy.

Phil North, Zelestra’s US CEO, said: “Our partnership with Meta continues to translate ambition into delivery. In just a few months, we have brought Jasper County online, started construction on Skull Creek and Reclamation, and now added Palmera to the portfolio. Together, we are accelerating the delivery of new energy infrastructure that supports Meta’s decarbonization goals while delivering long-term economic value in local communities.”

The projects in construction will deliver tangible economic and environmental benefits in their local communities. At peak construction, the Skull Creek solar plant is expected to support approximately 200 jobs and generate an estimated $8.2 million in local economic impact in Anderson County, Texas. The project will include approximately 400,000 bifacial solar modules. McCarthy Building Companies (McCarthy) has been appointed as lead EPC contractor for Skull Creek.

Dhruv Patel, President of McCarthy’s Renewable Energy group said: “Launching the Skull Creek solar project in Anderson County, Texas is a meaningful next step in our work with Zelestra to expand clean energy across the state. McCarthy is dedicated to creating long-term, well-paying construction careers, supporting the local community, and opening doors for area subcontractors and suppliers, all while delivering a safe, reliable project for the community.”

In Gibson County, Indiana, the Reclamation solar project is expected to support approximately 200 jobs at peak construction on land reclaimed from former coal mining operations. The project will install approximately 325,000 US-made bifacial modules while supporting soil restoration, native vegetation growth and regional biodiversity enhancement. Qcells USA Corp. (Qcells) has been appointed as the solar module and EPC provider.

CEO of Qcells EPC, Chris Hodrick, commented “Reclamation represents the kind of forward-thinking project that defines the future of utility-scale solar, transforming previously used land into a long-term source of reliable, domestic clean energy. We’re proud to partner with Zelestra to deliver American-made manufacturing, advanced technology, and world-class execution that will help support Meta’s clean energy goals while creating lasting economic and environmental value for the community.”

Zelestra continues to expand its US renewable energy platform with multi-technology solutions designed to meet the growing energy needs of hyperscalers and corporate customers.

Headquartered in Arlington, Virginia, the company is developing a pipeline of approximately 15 GW across key US markets.

Zelestra | https://zelestra.energy/en

PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a vertically integrated independent North American energy company, is pleased to announce the execution of equipment procurement agreements for 8 distributed solar and energy storage projects (the "Projects") across New York and Pennsylvania through its wholly owned subsidiary Abundant Solar Power Inc. The Projects, once financed, constructed and operational, are expected to bring approximately 30 MW DC of solar and 31 MWh of energy storage to the United States. This procurement is expected to enable the Projects to remain eligible for United States federal Investment Tax Credits for energy projects under the One Big Beautiful Bill Act of 2025. Physical work on the procured equipment is expected to safe harbor the Projects by through the IRS Physical Work Test prior to the July 4, 2026 deadline under the United States One Big Beautiful Bill Act.

This announcement follows the Safe Harbour of an additional 15 solar and energy projects in New York State. PowerBank has now ensured that 23 solar and energy storage projects, with a combined total of 97 MW DC and 42 MWh, are expected to remain eligible for the United States federal Investment Tax Credits.

The value of the Investment Tax Credits associated with the Projects being harbored safely through this procurement is estimated at $29.7 million USD, while the total construction value of the portfolio is estimated at $74.3 million USD. 

PowerBank has the option to continue as the owner on some or all of the Projects under its expanding portfolio as an Independent Power Producer, and intends on delivering the full EPC scope for the Projects whether it retains ownership or not.

The Company has leveraged its strong relationships with Tier 1 suppliers to secure the major equipment order of transformers necessary for the Projects. Subject to the receipt of permits and financing, commercial operation of the 8 projects is expected to occur over the next several years.

Investment Tax Credits have been available for solar projects since 2006, providing a 30% tax credit for commercial solar installations that meet specific requirements, with opportunities for ITC bonus adders. The One Big Beautiful Bill Act, signed into law on July 4, 2025, specifies that the Section 48E Investment Tax Credit for solar facilities will be phased out, and projects which have begun construction on or before July 4, 2026, will remain eligible for the tax credits.

PowerBank's proven expertise, with over 100 MW of completed projects and a development pipeline exceeding 1 GW, underpins the execution of the Projects. Strategic partnerships and institutional-grade development capabilities position PowerBank to deliver reliable, high-impact renewable energy solutions.

The Projects advance New York's path to 10 GW of distributed solar and 6GW of energy storage by 2030. The State leads the United States in community solar capacity, having achieved the New York State Climate Act 6 GW solar goal in the fall of 2024.

PowerBank Corporation | www.powerbankcorp.com

Greenskies Clean Focus (“Greenskies”), a national leader in commercial renewable energy development, announced the appointment of Dan O’Brien as Chief Commercial Officer. O’Brien joins the North Haven, CT-based company to lead commercial strategy and drive growth as Greenskies expands its footprint in existing markets and pursues business opportunities across the U.S.

The appointment comes as Greenskies continues to scale its commercial and industrial solar platform, serving corporations, commercial real estate owners, landowners, and public sector entities seeking reliable, cost-effective renewable energy solutions that deliver energy cost savings or additional revenue opportunities.

“Dan brings the commercial experience, market perspective, and customer focus as we continue to grow in various markets,” said Vijay Singh, CEO of Greenskies Clean Focus. “His background across real estate and renewable energy gives him a strong understanding of how to create value for customers while supporting disciplined business growth. Dan will play an important role in shaping a more holistic business development as we expand our presence in key markets.”

O’Brien brings nearly two decades of renewable energy experience, with a career spanning commercial strategy, customer origination, project development, and operations. He has contributed to more than 500 megawatts of on-site and off-site solar projects and has held leadership roles across companies ranging from early-stage ventures to established national platforms.

Most recently, O’Brien served as Chief Commercial Officer at DSD Renewables, where he helped shape enterprise-wide commercial strategy during a period of significant growth. Over eight years with the company, he advanced through multiple leadership roles, building customer relationships, evaluating market opportunities, and scaling commercial teams.

His early career in commercial real estate continues to inform his approach to solar development, bringing an asset-owner perspective focused on long-term value, customer alignment, and disciplined execution.

“Greenskies has built a strong platform around ownership, execution, and long-term customer value,” O’Brien said. “I’m excited to join the team at a moment when commercial solar continues to present meaningful opportunities. I look forward to helping strengthen our market strategy, deepening customer partnerships, and supporting thoughtful growth across the markets we serve.”

Greenskies Clean Focus | www.greenskies.com

Ingeteam has supplied a 10 MW / 20 MWh battery energy storage system (BESS) together with the Power Plant Controller (PPC) and SCADA system for a pioneering microgrid deployed at Pure Data Centres Group (Pure DC) campus in Dublin, widely presented as Europe’s first DC microgrid designed to power a data centre. The project marks Ingeteam’s third energy storage project in Ireland since the company entered the market in 2020.

Developed as part of the Orion Phase 1 project, the installation includes the 10 MW / 20 MWh BESS, already commissioned and operating, integrated with power stations and an advanced Energy Management System (EMS). During construction, the facility has been supported by a temporary 10 MW energy centre. This project is equipped with our liquid cooled technology INGECON SUN STORAGE C Series, creating a 10 MVA Grid Forming without any power deration.

The permanent microgrid will combine three energy centres with on-site battery storage, bringing the total installed capacity of the campus to 110 MW. The system is designed to operate independently from the national grid while maintaining flexibility to connect once grid capacity becomes available.

Located within Pure DC Dublin campus, the on-site energy infrastructure provides dispatchable capacity to support operations during the initial development phase and is expected to evolve into a hybrid configuration combining grid electricity with on-site energy systems. As access to grid capacity becomes a growing constraint for digital infrastructure and demand for AI and large-scale computing accelerates, solutions such as microgrids are emerging as a key enabler for the next generation of data centres across Europe.

Ingeteam | https://www.ingeteam.com/en

TGS, a leading provider of energy data and intelligence, is pleased to announce the award of an offshore wind site characterization contract in Europe. The Ramform Vanguard is scheduled to commence data acquisition in early August, and the contract has a duration of approximately three weeks.

Kristian Johansen, CEO of TGS, commented, "We are pleased to secure more offshore wind site characterization work for the 2026 Europe season. With further tenders currently in the market, we are actively pursuing opportunities to extend this year’s acquisition campaign into the fourth quarter. Our Ultra High Resolution 3D streamer technology samples the seismic wavefield at high spatial and temporal resolution, delivering detailed imaging of shallow subsurface targets critical for offshore wind farm development. The technology has a strong and proven track record within the offshore wind site characterization market.”

TGS | www.tgs.com 

American Wire Group (AWG) is pleased to announce the expansion of the internal utility team with the appointments of Flavio Garcia as Western Regional Sales Manager and Reese Barillari as Southeast Regional Sales Manager.

As part of AWG’s continued investment in its utility business, these newly established regional leadership roles are designed to strengthen customer engagement, support sales growth, and enhance market development efforts across key utility territories. Mr. Garcia and Mr. Barillari will be responsible for driving sales of AWG’s wire and cable products, developing new business opportunities, maintaining strong relationships with existing customers, and supporting project development activities with utilities, power generation companies, engineering firms, and contractors throughout their respective regions. Their additions reinforce AWG’s commitment to expanding its internal sales capabilities and ensuring greater accessibility and responsiveness to customers across the utility market.

Mr. Garcia brings extensive experience in wire and cable sales, business development, and account management across the utility, renewable energy, construction, and data center sectors. Throughout his career, he has successfully managed regional territories, developed strategic customer relationships, and supported complex infrastructure projects. Mr. Barillari joins AWG with nearly two decades of experience serving electrical utility, cooperative, and renewable energy customers. His background includes territory management, business development, and technical sales support across utility and infrastructure markets throughout North America.

“We are excited to welcome Flavio and Reese to the AWG team as we continue to strengthen our Utility Division,” said Norman Russell, Chief Revenue Officer at AWG. “As our business continues to grow, it is important that we invest in the people and structure necessary to support our customers and future opportunities. Flavio and Reese bring valuable industry experience and regional expertise that will enhance our ability to serve the utility market, drive business development, and support the continued growth of our organization.”

Mr. Garcia will report to Safiq Virani, Vice President of Business Development, while Mr. Barillari will report to Gilbert Guerrero, Vice President of Regional Sales. Together, they will play an important role in supporting AWG’s continued expansion and strengthening the company’s utility market presence across their respective regions.

American Wire Group | www.buyawg.com

38 Degrees North (“38DN”), a community solar and distributed renewables platform, and Cypress Creek Energy, a leading American energy infrastructure developer, owner, and operator, announced the sale of 104 megawatts (MW) of community solar assets in Illinois from Cypress Creek to 38DN. The portfolio includes 16 advanced projects that are expected to be placed in service by 2027.

Illinois continues to be a key market for community solar and energy storage in the U.S., supported by established policy frameworks and growing demand for distributed energy solutions. In 2025 alone, Illinois added 349 MW of community solar capacity, ranking second in the nation for installations.

For 38DN, the transaction represents a significant expansion into the fast-growing Illinois community solar market. The portfolio that 38DN is acquiring includes 16 projects spanning 14 counties in Illinois, expected to deliver $1.6 million in annual subscriber utility bill savings and $11 million in local tax revenue over the life of the projects. In addition to this portfolio, 38DN is actively developing, acquiring, and constructing other Illinois community solar projects.

For Cypress Creek, this milestone builds on more than a decade of experience developing distributed generation and community solar across the nation. In Illinois, the company has developed over 250 MW across more than 50 projects, establishing one of the leading community solar platforms in the state.

Additional development and investment in the Illinois market is a significant priority for both 38DN and Cypress Creek. The sale of community solar projects complements Cypress Creek’s build, own and operate strategy for utility-scale assets.

“38DN is deeply committed to collaborating with communities, developers and capital partners to advance community solar in the U.S., and in particular, in critical markets like Illinois,” said Jake Carney, Co-Founder and Managing Director of 38DN. “Our platform is built to develop, acquire, finance, and operate distributed energy projects at scale, and this acquisition reflects this and our capabilities to support continued growth in this segment.”

“Illinois continues to be a strong market for community solar, and this portfolio reflects our long-standing commitment to developing high-quality projects that deliver real value to customers and communities,” said Jeffrey Meigel, Cypress Creek Energy’s Chief Investment Officer. “We’re pleased to work with 38DN to advance these projects and expand access to affordable, locally generated energy across the region.”

The transaction builds on a longstanding partnership between 38DN and Cypress Creek that started in 2018 and includes a previous acquisition of over 85 MW of community solar assets in New York.

38 Degrees North | https://www.38degreesn.com/

Cypress Creek Energy | https://cypresscreekenergy.com/