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grid-parity solar

Brazil’s solar PPA market reaches 8.4 GW

According to a recent report from Brazilian consultancy Greener, unsubsidized solar projects are proliferating in the Latin American country. The study also reveals that the utility scale PV projects that are in an early or intermediate stage of development, have a combined capacity of 98.9 GW.

Auctions will not influence PPA prices in Spain

LevelTen Energy reports each quarter on the prices that wind and solar project developers have offered for power purchase agreements, and makes medium-term estimates for the most important markets. Italy and Spain have been the most active markets in the first quarter of 2021.

Malian gold mine powered by 30 MW/15.4 MWh of solar-plus-storage

The solar-plus-storage facility will reduce heavy fuel oil consumption by 13.1 million liters per year.

EDF bags PPA for 20 MW solar park from French railway operator

Construction on the solar plant is expected to begin this year. It will supply power to SNCF’s unit SNCF Energie over a 20-year period.

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Xinte highlights Chinese polysilicon ‘oligopoly’

The TBEA-owned poly manufacturer has predicted further consolidation as it aims to ramp up output with another 100,000 tons of annual production capacity.

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Polish coal power provider secures 15-year PPA for 75 MW solar plant

Poland’s second-largest coal power producer, ZE PAK, will sell solar power to Polish telecommunication group Polsat. The $45.5 million project is being financed by a group of Polish banks.

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Strong recovery expected for European PPA market in 2021

German consultancy Enervis said the European market last year saw a 50% drop in new PPA-linked photovoltaic projects, compared to 2019. This year, however, higher capture prices for the PV energy source should enable a larger number of deals to be closed.

A2A buys 173 MW of grid-parity solar in Italy

The Italian energy provider agreed to buy 17 unsubsidized solar plants from U.K.-based Octopus Renewables for €205 million.

Seven-year PPA for 34 MW solar park in Denmark

Denmark’s Better Energy is building the PV facility in Denmark’s southernmost region. Danish pharmaceutical company Lundbeck has agreed to buy the power generated by the plant over a seven-year period.

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Rollercoaster for the European PPA market in 2020

The Covid-19 crisis temporarily paralyzed the business for large scale unsubsidized solar projects across Europe. At the end of the year, however, demand for projects that are financed through electricity purchase agreements regained speed. Pexapark estimates that there is currently 10 GW of renewable energy capacity under signed PPAs in Europe, most of which is for solar power.

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