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.
Latvia to host 100 MW of unsubsidized solar
Vilnius-based Green Genius has revealed that it will build an unsubsidized PV installation in Jekabpils, Latvia. Upon completion, the 100 MW project will be the country’s largest solar installation to date.
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.
Sweden set to install 750 MW of new solar in 2022
Sweden’s annual PV capacity additions could grow by around 33% to 750 MW this year, from 500 MW in 2021, according to Becquerel Sweden. The large-scale solar market is set to contribute up to 150 MW, and the segment is expected to grow significantly beyond 2022.
BayWa, Velux sign Europe’s first agrivoltaics-linked PPA
Germany’s BayWa r.e. and Denmark’s Velux have announced the first agrivoltaic corporate power purchase agreement (PPA) in Europe. BayWa will build two solar parks in Spain to power Velux’s operations, with capacities of 60 MWp and 56 MWp. One of them will partly be an agricultural PV project.
