North America Solar PV News Snippets: Third Pillar Solar To Explore Up To 500 MW Floating Solar & More

Anu Bhambhani | Source: TAIYANG News | Posted 08/26/2025

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Third Pillar Solar has secured exclusive access to Diamond Infrastructure Solutions’ Texas Reservoir System for a $700 million planned investment for up to 500 MW of floating solar capacity.

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Third Pillar Solar, backed by Glentra Capital, is set to explore the deployment of up to 500 MW of floating solar in the US, potentially marking one of the largest floating solar projects in the Americas. The company has secured exclusive access to the Texas Reservoir System for this $700 million investment, which aims to conserve approximately 15% of freshwater lost to evaporation. The projects are anticipated to be operational by the end of the decade.

In other developments, Enlight Renewable Energy has raised $350 million for solar and storage projects in the US, while SolAmerica Energy secured $100 million for project financing. OCI Energy sold its 100 MW Lucky 7 Solar Project to Sabanci Renewables, with operations expected to commence in 2027. Additionally, the Canadian government is investing CAD 13 million in clean energy projects in Ontario, and Onyx Renewables has completed two solar projects for the US Army, enhancing energy resiliency and cost savings.

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North America Solar PV News Snippets: Third Pillar Solar To Explore Up To 500 MW Floating Solar & More

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