TotalEnergies signs 1 GW of solar PPAs for Google’s Texas data centers
The two 15-year power purchase agreements cover a 805 MW and a 195 MW solar project, set for construction this year, that will power data centers in Texas belonging to Google.
Hybridization: The new paradigm for a more resilient and competitive renewable market
One of the main benefits of hybridization is the ability to offer more attractive and stable energy products to clients. A hybrid PPA better covers consumption needs, reduces risks associated with the variability of a single source, and allows for more competitive long-term pricing, writes Rodrigo López, head of revenues at BNZ.
Aurora Energy Research launches PPA valuation software in Europe
Aurora Energy Research has rolled out Lumus, a contract valuation tool that helps energy market participants assess long-term risk in power purchase agreements (PPAs) across key parts of Europe.
Low Carbon, ElectroRoute sign four PPAs covering 140 MW of UK solar
Four balancing PPAs will see ElectroRoute trade Low Carbon solar assets in UK electricity market. The agreements are set to run until 2028.
Corporate PPAs with variable price structure achieve higher performance
Researchers in Portugal have simulated 800 power purchase agreemeents across eight different contract type and have found that contracts with a variable price structure achieve higher performance. Their analysis considered net present value, contract performance deviation and volume residual as the main indicators.
Innova signs 40-year PPA for solar projects in Wales
Two solar and storage projects in development near Wrexham, North Wales, will supply power to a nearby sewage treatment works. Construction work on both sites is due to “commence shortly,” according to the developer.
Philippines banks on solar
Reforms over the past three years have lifted restrictions on foreign investment and sped up the permitting process for solar projects in the Philippines. As the government banks on renewables to drive the rapid expansion of power production, challenges remain for local project developers. Neil Ford reports.
Enervis launches 24/7 PPA Platform
Enervis has launched its 24/7 PPA Platform to accelerate the adoption of 24-7 power purchase agreements (PPA), which match every hour of electricity consumption with carbon-free generation. The initiative models five PPA alternatives against a baseload benchmark.
Pioneers in Irish solar energy
From modest beginnings in 2011, Power Capital Renewable Energy (PCRE) has become one of Ireland’s foremost independent power producers (IPPs). Joint CEO and co-founder Justin Brown told pv magazine that despite Ireland’s challenging environment for solar, the company sees a lot of opportunity and is taking full advantage.
Australian utility strikes offtake deal for 288 MW solar farm
The first large-scale solar project in the Australian state of Tasmania has been locked in, with project developer TasRex reaching a commercial offtake agreement with utility Hydro Tasmania.
