In Short : In 2025, major solar deals included ReNew Energy’s $2.57 billion hybrid project in India, Enbridge’s $900 million Texas solar farm for Meta, and Saudi Arabia’s $8.3 billion multi-gigawatt investment. Reliance Power partnered with Bhutan for a ₹2,000 crore project, while NHPC awarded 1.2 GW solar-plus-storage tenders. These deals reflect growing global momentum in large-scale renewable investments.
In Detail : The year 2025 has witnessed some of the biggest solar energy deals globally, highlighting the accelerating shift toward renewable energy investments. These projects span continents and demonstrate the growing interest of both governments and corporations in large-scale clean energy development.
In India, ReNew Energy Global announced a massive $2.57 billion hybrid renewable energy project. The venture includes 1.8 GW of solar and 1 GW of wind capacity, designed to supply firm power during peak hours. This project aims to provide reliable renewable electricity that supports grid stability.
Another significant deal was sealed by Enbridge in the United States, which committed $900 million to the Clear Fork solar project in Texas. The 600 MW plant has already secured a long-term power purchase agreement with Meta Platforms, showcasing the continued interest of tech companies in clean energy sourcing.
In Bhutan, Reliance Power signed a partnership agreement with Green Digital Pvt. Ltd. to develop the country’s largest solar energy project. Valued at ₹2,000 crore, the 500 MW installation is expected to not only serve Bhutan’s growing energy demand but also boost regional renewable infrastructure.
Saudi Arabia made headlines with its announcement of a colossal $8.3 billion investment in renewable energy. ACWA Power and Aramco will lead this initiative, which includes five solar and two wind projects, totaling a capacity of 15 GW. This deal represents one of the largest renewable portfolios globally.
India’s NHPC also conducted a landmark solar-plus-storage auction, awarding 1.2 GW of solar capacity paired with 600 MW/1,200 MWh battery storage. The average tariff stood at ₹3.09 per unit, reflecting growing cost-competitiveness of storage-integrated renewable energy projects.
Tata Power Renewable Energy and ACME Solar secured long-term battery energy storage contracts from NHPC. These agreements support grid integration of intermittent solar power, signaling a trend toward hybrid and storage-backed projects for improved reliability.
These deals mark a shift in focus toward not only expanding renewable generation but also ensuring power is dispatchable and grid-ready. This is especially critical as countries push for higher renewable penetration without compromising on power quality or availability.
The strong deal flow in 2025 reflects global confidence in solar and hybrid energy solutions. With multi-billion-dollar commitments, strategic partnerships, and evolving technologies, the solar sector is poised to remain a central pillar of the global energy transition.
