European solar PPA prices rose by 11.4% in Q4
LevelTen Energy says the prices of solar power purchase agreements (PPAs) in Europe reached €76.84($82.58)/MWh in the fourth quarter of 2022.
US renewable PPA price increases cool off as material costs fall
Edison Energy says in a new report that prices increased more moderately in the fourth quarter of 2022, compared to the steep price hikes seen since 2021.
Amp Energy to build 200 MW hybrid wind solar plant in India
Amp Energy has agreed to set up a 200 MW wind-solar plant on a build-own-operate basis. It will sell the generated electricity to Solar Energy Corp. of India.
India could potentially add 45 GW of corporate renewables by 2027
Bridge to India said it expects companies in India to deploy 45 GW of renewables capacity over the next few years.
Bangladesh offers PPA for 68 MW of solar at $0.102/kWh
The Bangladesh Power Development Board (BPDB) has agreed to buy solar electricity from a 68 MW facility that is now under construction in the country’s Sirajganj district, as part of a new state plan to buy cheap power.
European PPA prices increased by 7.4% in November
European prices for power purchase agreements rose in several countries in November, with the Polish index recording an increase of 19.4%. Portugal registered an increase of 15.5%, followed by Spain at 15.7%. Germany was the only country that recorded a monthly decline, with prices falling by 0.8%.
Solar PPAs key for hydrogen economy
Scientists in Spain have assessed the potential of power purchase agreements in ensuring the development of green hydrogen projects powered by utility-scale photovoltaics. They presented an operational multi-state modeling of electrolyzers and showed how solar plants under PPAs could significantly increase their rate of return.
Stellantis signs second-largest corporate PPA in US history
Stellantis – the manufacturer of Chrysler, Dodge, Fiat and Jeep vehicles – has signed the second-largest corporate power purchase agreement in the United States, after Ford.
Alight, Neoen sign largest PPA in Sweden
Alight and Neoen have agreed to sell power to H&M from a 90 MW solar project under a long-term power purchase agreement. Construction will begin in the second half of 2023.
Solar-wind hybrid project finally ready to go in Australia
After almost four years of delays the solar-wind hybrid 60 MW Kennedy Energy Park in the Australian state of Queensland is inching towards full operation after project developer Windlab confirms the final stage of testing and commissioning of the Australian-first hybrid project is underway.
