EU electricity market deal positive for renewable energy PPAs
The European Union needs to secure a final agreement on its new electricity market design by the end of this year.
US solar PPA pricing finally cooling
LevelTen Energy has reported a 1% decline in power purchase agreement (PPA) prices from the first quarter to the second quarter in the United States, following three years of consecutive quarterly increases.
CEE Group, Goldbeck switches on 155 MW solar plant in Germany
Goldbeck and CEE Group say that their new 155 MW solar plant is now selling electricity to Engie under a 10-year power purchase agreement. The project is located on a former agricultural site.
The year it all changed
The European solar landscape changed forever in 2022 and managing the supply chain, grid, and permitting constraints will be key to a solar-dominated energy future for the continent.
Alight secures 12-year PPA for 64 MW solar plant in Sweden
Alight says it has obtained a 12-year power purchase agreement (PPA) for a 64 MW solar plant in Sweden. It says it will turn to non-recourse project financing, despite the conventional practice of financing PPA-backed solar assets with equity in the country.
Headwinds of the Polish PPA market
Power purchase agreements (PPAs) are growing in popularity in Poland due to high energy prices and the declining appeal of renewable energy auctions. Nevertheless, regulatory changes have created uncertainty and reduced attractiveness.
LevelTen announces PPA auctions
LevelTen Energy says it will offer power purchase agreements (PPAs) through a series of renewable energy auctions.
Meta to power US data center with 200 MW solar project
RPlus Energies has signed a long-term power purchase agreement with investor-owned utility Idaho Power to install the 200 MW Pleasant Valley Solar project in Ada County, Idaho.
Lebanon signs 11 solar PPAs, but financial closure remains challenging
Lebanon’s government has signed power purchase agreements (PPAs) for 11 projects with 165 MW of PV capacity. Investors have one year to reach financial closure.
LevelTen’s European solar PPA index fell to €73.2/MWh in Q1
US energy consultancy LevelTen Energy said in a recent report on solar and wind power purchase agreements in Europe that the prices of wind and solar power purchase agreements (PPAs) in the European markets increased by 56% year-on-year to reach €88.88 ($97.40)/MWh in the first quarter of this year.
