bilateral PPAs

Israel’s new rules for power purchase agreements (PPA) are expected to spur development, especially in the solar sector.

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.

India surpassed 5GW of cumulative, “open-access” solar capacity in December.

With Emergency Ordinance no. 143/2021, the Romanian government has restored legal certainty for bilateral power purchase agreements and has created more favorable conditions for solar power generators under net metering regime.

Power purchase agreements will be allowed between renewable energy producers owning plants with a capacity of more than 1 MW and electricity consumers. Local utility Kepco, however, will keep serving as an intermediary.

The utility will build the project this year on 164 hectares of land just outside of Berlin. It will be the largest solar park to be constructed outside of Germany’s incentive scheme for solar and renewables.

Big clean energy supply contracts have been announced in Brazil, Mexico and the Dominican Republic.

Dubai-based PV developer Enerwhere has come up with a new business model for solar projects at construction sites. Its approach, which is based on short-duration PPAs, involves moving mobile PV installations from one building site to another.

Southern Water has issued a request for information about sourcing solar power through bilateral power purchase agreements. The company is considering buying electricity from generation facilities on its sites in southern England.