Nofar USA’s acquisition of over 1 GW in solar projects is a strategic move to enhance its storage capabilities and position itself for future growth in the expanding renewable energy market. By diversifying its portfolio with both utility-scale and distributed generation projects, Nofar is poised to meet increasing energy demands while aligning with the industry’s shift toward sustainable solutions.
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Nofar USA, a wholly owned subsidiary of Nofar Energy, announced it has secured over 1 GW of solar development projects across multiple U.S. markets through a combination of acquisitions and exclusive development agreements. The transactions, completed in late August, expand Nofar USA’s portfolio and encompasses utility-scale and distributed generation projects with commercial operations expected to start between 2026 and 2029. “These transactions mark a s
Source: Original Press Release
