corporate PPA

French renewables company Voltalia has secured a 25-year power purchase agreement from Crédit Mutuel Alliance Fédérale for a 10 MW solar plant and Germany’s Enerparc has signed a long term deal with Norwegian energy company Statkraft for a solar park planned in Bavaria.

Growth in U.S. solar and wind generation capacity will average 7.9% and 3.9%, respectively, between 2022 and 2028 according to Fitch Solutions, who projects almost 120 GW of solar power to be deployed in that period. Corporate clean energy buyers are to be a large part of the trend, and to accelerate deployments during the period.

The La Poste Group wants one or more green corporate PPAs, to be procured through a tender. The postal service wants to hedge against volatile energy prices.

The Australian supermarket giant will purchase more than 70% of the electricity generated by three solar power plants to be built and operated by Metka EGN outside the regional centers of Wagga Wagga, Corowa and Junee, in the state of New South Wales – the equivalent of 10% of the company’s national electricity usage.

Thailand’s solar market had ground to a bit of a halt after FITs were cut. Osaka Gas has launched a joint venture with Energy Pro Corporation to market commercial and industrial PV arrays under corporate power purchase agreements.

Voltalia has secured a 25-year power purchase agreement from French retailer Boulanger for power generated by a 5 MW project. The off-taker has also committed to buying electricity from new wind and solar plants to be operated by the French developer.

Solarpower Europe has released its estimates for Europe’s installation figures in 2018. A reduction in system prices and a policy push boosted solar across the continent. And if the trade association’s CEO is to be believed, the newfound growth has just begun.

IHS Markit’s analysts have mapped out what they are keeping an eye out for in the year ahead. Aside from higher installation figures, the number-crunchers predict a continued battle for multi-function in the hard-fought inverter segment and a potential watershed year for utility-scale storage.

Audax Renovables has signed an agreement with Welink under which the Spanish company will buy – for 20 years at a fixed price – the energy produced by solar facilities with a total 708 MW of generation capacity that Welink will develop in Spain and Portugal. German group Allianz will buy the solar plants after completion.

Global technology giant Google this week announced that it has signed an agreement to purchase the output from a 10 MW PV installation in Tainan City, Taiwan, to power its Changhua County data center on the island’s west coast. The agreement represents Google’s first move to procure renewable energy anywhere in Asia, and the first agreement made since a recent change to Taiwan’s Electricity Act allowed non-utility companies to buy renewable energy directly.