Corporate PPAs soar in Europe in 2024, despite decline in total deal volume
Pexapark, a Swiss renewables intelligence provider, says corporate power purchase agreements (PPAs) surged in Europe’s renewable energy market in 2024, despite a decline in overall contracted volumes.
Mitigating default risk in large-scale PV projects through credit default swaps
A research group has proposed to hedge default risk in the utility-scale PV business by adopting credit default swaps. The new methodology was tested through a series of Montecarlo simulations and reportedly showed how PV asset owners can transfer default risk to a protection seller at an affordable cost.
X-Elio signs 20-year PPA with Amazon for 14 MW of solar in Japan
Spain’s X-Elio has signed a 20-year power purchase agreement (PPA) with Amazon for the entire output of its 14 MW Funaki solar plant in Japan, which is expected to generate 18,686 MWh per year by mid-2025.
Enervis launches 24/7 PPA Platform
Enervis has launched its 24/7 PPA Platform to accelerate the adoption of 24-7 power purchase agreements (PPA), which match every hour of electricity consumption with carbon-free generation. The initiative models five PPA alternatives against a baseload benchmark.
US solar PPA prices rise 3.3% in Q4
LevelTen Energy says in a new report that US solar power purchase agreement (PPA) prices rose 3.3% in the fourth quarter, possibly due to policy uncertainty.
HyperStrong lists on Shanghai stock exchange, surges 230% on its first day
The Chinese battery energy storage system (BESS) integrator debuted on the stock exchange with a market capitalization of RMB 11.339 billion ($1.56 billion).
Paloma Rheem to expand heat pump business with Fujitsu General deal
Heat pump manufacturer Paloma Rheem says it plans to acquire Fujitsu General. The transaction, which is set to conclude by July 2025, could expand Paloma Rheem’s market reach and drive innovation in integrated air and water solutions.
Chinese PV Industry Brief: Longi issues net loss warning for 2024
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
Solar corporate funding falls 24% to $26.3 billion in 2024
Mercom Capital Group says inflation, high interest rates, trade disputes and policy ambiguity all contributed to a drop in corporate funding and merger and acquisition (M&A) activity in the solar sector last year.
All renewables PPA structures at a glance
German scientists have identified 18 typologies of power purchase agreements for the renewable energy market. Their research is intended to support policymakers, scientists and investors in implementing their own PPA analysis and choices.
