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bilateral PPA

Mounting interest for solar-linked bilateral deals in Russia

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.

Indian developer signs PPAs for 13.2 MW of solar

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

15-year PPA for 18 MW solar park in Sweden

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

Unsubsidized 350 MW PV project in the UK

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.

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A 25-year power purchase agreement for 60 MW of floating solar in Singapore

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

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Power purchase agreement for 83 MW of Spanish solar

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.

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Covid-19 halting European PPA market

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.

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Amazon signs solar deals in Spain and Australia

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.

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A 20-year power supply deal for 238 MW of solar in Brazil

French developer Voltalia has contracted to supply solar power to Brazilian thermoplastic resin company Braskem. The solar plant which will generate the electricity is planned as an expansion of two facilities allocated by the Brazilian government in a public renewable energy auction.

Ghana’s first bilateral solar PPA

Plastic manufacturer Miniplast will buy electricity from a 704 kW grid-connected solar array owned and operated by Norwegian developer Empower New Energy AS.

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