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power purchase agreements

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.

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Ripple effects of EU revenue cap on renewable energy

The European Union’s much-needed emergency measures to tackle the ongoing energy crisis may have unintended consequences for the region’s renewable energy ambitions, warn analysts, but the impact on power purchase agreements will likely vary, depending on the contracts.

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War in Ukraine pushes solar PPA prices in Europe up to €0.038-€0.074/kWh

Renewables-linked PPA prices have shot up nearly 30% in a year, especially due to the war in Ukraine, according to the latest Levelten Energy report.

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Canadian Solar claims to be king of Italian solar

The Chinese-Canadian company has secured the signature of Swiss energy business Axpo as offtaker for around 109GWh of solar electricity over a decade, with the clean power to be produced at Canadian Solar projects in Lazio and Sicily.

Portuguese solar plants – tendered and merchant – remain in limbo

One of the first items in the in-tray of the country’s new Socialist Party government must be to unblock Portugal’s seemingly huge appetite for PPA-backed merchant solar sites and to deliver the PV projects which were tendered by the authorities, to global acclaim, in 2019 and 2020.

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EU: ‘How can renewables permits be simplified?’

Brussels has asked interested parties how the permitting process for renewable energy sites can be simplified across the EU and how private PPAs can be made more attractive. Respondents can submit their thoughts until April 12.

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Bangladesh government signs up for 180 MW of solar electricity

The power development authority has signed 20-year electricity purchase deals relating to four solar projects and has awarded the highest price paid in the country to date for ‘clean’ energy, for an island-based system which includes battery storage and diesel generation.

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Netherlands’ first unsubsidized solar park

The 16 MW project is under development by Swedish-based utility Vattenfall. Construction is scheduled to start in 2024.

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Canadian Solar prepares to rein in production capacity expansion plans

While the Sino-Canadian business expects high polysilicon and shipping costs to be a temporary problem, CEO Shawn Qu has acknowledged the company will have overcapacity in cell and wafer production lines by the end of the year.

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US solar PPA prices may continue to rise until new supply chains emerge

Prices for power purchase agreements have been rising steadily since the end of last year. According to solar developers, interconnection delays, permitting challenges, and supply chain constraints are likely to keep them high.

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