bilateral PPA

Sembcorp has agreed to supply 33 MW of wind-solar hybrid power for Saint-Gobain’s factories in India.

Korean beauty products supplier Amorepacific has agreed to buy electricity from 5MW of renewables operated by LNG provider SK E&S. The 20-year deal is South Korea’s first step into unsubsidized renewable energy development.

Under the current Russian energy regulatory framework, bilateral deals can be concluded between a seller and a buyer with a power distribution company mediating as a third party.

Gujarat-based solar developer KPI Global has signed power supply agreements with nine different industrial customers for 13.15 MW of PV capacity.

Built by solar developer Alight, the PV plant will provide 40% of restaurant and catering company Martin & Servera’s electricity demand.

Hive Energy has been planning the Cleve Hill Solar Park since 2017. It now expects to secure final approval from the U.K. Department for Business, Energy and Industrial Strategy by the end of this month.

Utilities and marine company Sembcorp Industries has secured an energy offtaker for its Tengeh Reservoir project.

Sunco Capital has secured a deal with oil major Shell. The electricity will be provided by two solar parks Sunco is building near Ciudad Real, in southern Spain.

Analysts from German energy advisory Enervis have told pv magazine power purchase agreement-linked solar projects which are under development in Europe may be delayed by the Covid-19 outbreak and new unsubsidized projects appear unlikely any time soon, thanks to the current economics.

Chinese PV heavyweight Canadian Solar has announced an offtake deal for its Gunnedah solar project with e-commerce giant Amazon in the Australian state of New South Wales. The e-commerce giant also plans to build a 50 MW solar plant near Zaragoza, in eastern Spain.