PPA

According to a recent report from Brazilian consultancy Greener, unsubsidized solar projects are proliferating in the Latin American country. The study also reveals that the utility scale PV projects that are in an early or intermediate stage of development, have a combined capacity of 98.9 GW.

In its maiden venture into solar power generation, state-run Coal India Limited will set up a 100 MW plant and sell the electricity produced to state utility Gujarat Urja Vikas Nigam Ltd for 25 years.

A new CELA Clean Energy Latin America study looks at 70 power purchase agreements signed for wind and solar PV projects in Brazil.

The integrated power producer will sell solar power from a plant located in Gujarat to its licensed distribution business unit at a price of INR 2.22/kWh ($0.03/kWh).

Under the current Russian energy regulatory framework, bilateral deals can be concluded between a seller and a buyer with a power distribution company mediating as a third party.

LevelTen Energy reports each quarter on the prices that wind and solar project developers have offered for power purchase agreements, and makes medium-term estimates for the most important markets. Italy and Spain have been the most active markets in the first quarter of 2021.

New research by Aurora Energy Research expects new unsubsidized solar PV capacity to grow to 5 GW by 2025, 12 GW by 2030, 32 by 2035, and 57 GW by 2040.

Canadian mining company Trevali will buy power from a solar plant located near its Rosh Pinah mine under a 15-year power purchase agreement.

Construction on the solar plant is expected to begin this year. It will supply power to SNCF’s unit SNCF Energie over a 20-year period.

The Japanese company will supply, with solar power, a denim factory in the Hiroshima prefecture.