Baltimore firm will sell power from under-construction PV plant to Johns Hopkins University, retail giant TJX Companies and food group McCormick & Company.
New guidelines come as stampede for state's newly-revamped PV subsidy scheme sees it again oversubscribed in "minutes", prompting industry frustration.
Push for 3GW of solar and wind sees state join growing list of those adopting full clean energy or renewable energy targets via laws or executive orders.
The southeast Asian state's "relatively favourable investment environment," its thriving domestic solar manufacturing industry and "low political, economic and operating risks" will spur solar development, according to Fitch.
Saudi firm, one of five firms to submit proposals for two World Bank-backed projects, said to have produced Africa-wide milestone with tariff of US$25.26/MWh.
The state government's reverse auction programme reaches its close with the tender of 250MW of renewables alongside a 40MWh battery energy storage system (BESS).