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?

Issue 09-2019

Apple signed a 25-year power purchase agreement for the Techren II solar plant in Nevada in 2017. Today, however, the average length of a PPA in the United States has fallen and 10 to 15 year contracts are becoming the new norm.

Image: NEXTracker

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