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Axpo

Weekend read: A game of risk

The rising popularity of “baseload” power purchase agreements (PPAs) has posed questions to solar electricity suppliers in the German market. How can projects that do not generate at night, and with wide seasonal output variation, effectively supply constant power to consumers? More importantly, who shoulders the price risk?

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Canadian Solar claims to be king of Italian solar

The Chinese-Canadian company has secured the signature of Swiss energy business Axpo as offtaker for around 109GWh of solar electricity over a decade, with the clean power to be produced at Canadian Solar projects in Lazio and Sicily.

Re-Source 2021 Recap 

Re-Source 2021 took place in Amsterdam at the end of last week, and pv magazine was there to cover the event where the suppliers and sellers of renewable power purchase agreements (PPAs) meet the (largely corporate) buyers, though encouraging PPA uptake among small and medium-sized enterprises (SMEs) was among the major talking points, including ‘additionality’, de-risking renewable PPAs and 24/7 matching.

Axpo Italy chief says country is catching up with European private-PPA peers

Two PV farms planned in Sicily by Canadian Solar, with a total 12 MWp generation capacity, will sell the electricity they produce to Axpo Italia under a ten-year PPA at a fixed rate which the Chinese-Canadian company did not reveal.

Axpo expands large scale storage business

The Swiss energy group takes on the operation of a 1.25 MW battery storage system owned by Rhiinenergie AG. The storage facility will provide grid balancing services for the country’s grid operator.

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Development lender announces 30 MW Burkina Faso solar project

The monocrystalline facility, planned near the town of Pâ by Swiss-owned developer Urbasolar following a tender, will help the government towards its target of reaching 200 MW of solar capacity this year.

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Axpo signs first solar PPA in Switzerland

Swiss energy company Axpo will supply electricity to a supermarket chain from a 2.2 MW solar plant under a 20-year power purchase agreement. The facility is being deployed at the Muttsee dam, at an altitude of almost 2,500 meters above sea level.

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Two more PPAs for Spanish solar plants

Solaria secured a ten-year deal to supply solar power from a 150 MW of generation capacity this week and a Sino-Israeli consortium signed a deal to supply energy from 50 MW of capacity over the same term.

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Axpo to market grid balancing services offered by largest Nordic grid battery to date

The Swiss utility will sell the ancillary services offered to energy network operator Fingrid by the 30 MW/30 MWh lithium-ion Yllikkälä Power Reserve One battery provided by French renewables company Neoen.

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Another vertical PV plant in the Alps

More than 1,200 solar modules will be installed on the south side of a dam 2,100 meters above sea level. The facility planned by utility EWZ is set to be ready this year.

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