Beyond the PPA
Contract lengths are getting shorter and hedges are replacing PPAs in the Texas solar market. Are we headed toward a future of merchant solar?
At the Renewable Energy Finance Forum (REFF) – Wall Street conference held in New York City this June, Starwood Energy CEO Himanshu Saxena shocked the room with a statement about five to seven year contracts for solar projects. He further went on to explain that this was translating to longer and longer “merchant tails”, or …
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