Netherlands plans CfDs to replace large-scale solar subsidy in 2027
The Dutch government is preparing to phase out its Stimulation of Sustainable Energy Production and Climate Transition (SDE++) subsidy scheme for large-scale renewable projects and replace it with two-way contracts for difference (CfD), in line with EU market reforms.
UK opens seventh CfD renewables auction
Extended contracts and more flexible commissioning dates on offer for solar developers. The target commissioning window for solar projects has also been extended, giving developers more flexibility on contract start dates.
UK government extends CfD contract length to 20 years
Changes announced ahead of seventh Contract for Difference (CfD) allocation round widely viewed as key to achieving government’s clean power targets for 2030. Target commissioning window for solar projects also extended in anticipation of larger capacity projects.
UK government unveils solar roadmap, outlines steps to 47 GW by 2030
The UK government has published its plan to support solar deployment to 2030 and beyond. Policies include updating the Contracts for Difference (CfD) scheme, a safety review of plug-in solar for balconies and rooftops, consulting on car park solar, and engaging with industry on skills and training.
UK government proposes longer CfD contracts, wider commissioning window for solar PV
Consultation ahead of seventh Contracts for Difference (CfD) allocation round proposes longer contract lengths in a bid to reduce strike prices and lower cost of finance for renewables projects. A wider target commissioning window for solar projects is also proposed, in response to larger capacity plants in the pipeline.
Corporate PPAs soar in Europe in 2024, despite decline in total deal volume
Pexapark, a Swiss renewables intelligence provider, says corporate power purchase agreements (PPAs) surged in Europe’s renewable energy market in 2024, despite a decline in overall contracted volumes.
CfD auctions must break records to hit UK solar targets, says Aurora Energy Research
Big results needed in next two contracts for difference (CfD) allocation rounds to hit UK renewables targets, according to Aurora Energy Research. Solar likely to benefit from greater CfD budgets as government targets faster deployment, Marc Hedin, head of research for UK and Ireland, tells pv magazine.
UK’s largest PPA to date signed for 373 MW solar park
Quinbrook Infrastructure Partners announces two long-term agreements covering 100% of solar power generation at Cleve Hill Solar Park. British supermarket retailer Tesco has signed a 15-year agreement covering 65% of generation and Shell will manage remaining capacity under 10-year route-to-market deal.
UK allocates more than 3 GW of solar through CfD auction
Record contracts for difference (CfDs) auction for UK solar results in more than 90 projects securing fixed-price contracts. It follows intervention from the new UK government in summer 2024 to increase the auction budget. Strike prices achieved for all renewables technologies were well below the auction’s ceiling price.
Romania gives green light to CfD scheme
Romania’s Ministry of Energy has approved a new contracts-for-difference (CfD) mechanism, set to launch later this year. The first round will include 500 MW of solar, with the remaining capacity to be allocated in next year’s tender.
