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.
Anglo American moves toward 100% renewables with Australian PPA
Mining major Anglo American has struck a deal with Stanwell to power its Australian operations with 100% renewable energy from 2025 onward as part of a 10-year power supply deal.
French government sets up PPA guarantee fund for renewables
The French government has revealed that French lender Bpifrance will manage a fund to guarantee power purchase agreements for up to 500 MW of cumulative installed capacity.
French railway operator signs 25-year solar PPA
SNCF has agreed to buy 207 GWh of annual electricity supplies under a 25-year power purchase agreement with France’s Reden, which is building four solar plants to provide electricity to the railway operator.
Vietnam set to open renewable energy market to PPAs
The Vietnamese government has been working on a scheme to allow bilateral power purchase agreements (PPAs) since 2020. The start of the pilot scheme has been delayed and is now expected for the first quarter of 2023. The official program would launch in 2025.
Ireland’s first PPA for large-scale solar
Allied Irish Banks will buy electricity from two solar parks that NTR is now developing. The power purchase agreement has a duration of 15 years.
Rio Tinto unit signs up for 148 MW of solar
Richards Bay Minerals has signed a 20-year power purchase agreement with French renewables developer Voltalia, which plans to build a 148 MW solar project in South Africa’s Limpopo province.
SolarPower Europe at odds with implications of EU windfall tax on renewables
SolarPower Europe has issued a statement opposing any moves by the European Commission to impose a lower maximum electricity price on renewables than on fossil fuel energy. EU member state energy ministers will meet this week to thrash out emergency measures to protect bill payers.
South Korea reduces size limit for PPA market to 300 kW
Korea Electric Power Corp. will act as a sales intermediary under South Korea’s so-called K-RE100 scheme.
