AMEA Power reaches financial close on 120 MW of solar in Tunisia
Dubai-based AMEA Power has signed concession and power purchase agreements (PPA) with the Tunisian government for its 120 MW solar project in Metbassta, northern Tunisia.
Ireland allocates 497 MW of PV in third renewables auction
Ireland’s Department of the Environment, Climate and Communications and network operator EirGrid has revealed the 20 solar projects totaling 497 MW that were provisionally selected in the latest auction round of the country’s onshore Renewable Electricity Support Scheme (RESS). The procurement exercise concluded with an average strike price of €0.10047($0.10596)/kWh.
Indonesia’s largest floating solar plant to expand to 500 MW
Abu Dhabi-based Masdar and PLN Nusantara Power, an Indonesian state-owned electricity generator, have agreed to more than triple the size of the Cirata floating PV power plant in West Java so it can generate 500 MW.
NHOA Energy starts 107 MWh solar-storage project in China
Italy’s NHOA Energy says it has commissioned a 107 MWh energy storage project for a Taiwan Cement Corp. cement plant in Guangdong province, China.
GoodWe finalizes 10.9 MW solar plant in Malaysia
Chinese solar inverter and battery producer GoodWe has completed the construction of the 10.95 MW Solar Citra Project in Malaysia, with Apricum senior advisor Moritz Sticher telling pv magazine that although the scale of the plant is ‘small’ every project in the Southeast Asian country counts.
Pexapark records slight increase in European PPA prices for August
Power purchase agreement (PPA) prices increased by 1.4% on average in Europe in August, according to Pexapark. It says that only nine deals with a combined capacity of 193 MW were closed.
South Africa streamlines 203 MW of wind-solar-storage hybrid projects
The South African authorities awarded project agreements to two wind-solar-storage hybrid projects that were selected in a 2 GW tech-neutral tender held under the Risk Mitigation Independent Power Producers Procurement Programme (RMIPPPP) in 2021.
Pexapark notes demand for renewables-plus-storage assets in Europe
Pexapark, a Swiss consultancy, has studied energy storage drivers, value streams, contractual agreements, and regional perspectives in Europe. It says that one obstacle to deployment is the inability to properly model revenue, and notes that 15% of companies plan to use AC coupling for projects in the next three years.
PPA prices fell 11% in Europe in May, says Pexapark
Pexapark says that prices for power purchase agreements (PPA) fell 11% in Europe in May. Germany and Spain were the largest markets for PPAs, with deals totaling 245 MW and 317 MW, respectively.
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.
