Alliaverre to produce solar glass in France
Alliaverre wants to move a 600 MW solar glass plant to Amiens, France, to reduce European customer delivery times, as it faces rising shipping prices and manufacturing constraints in Asia.
The weekend read: European PV subsidies a divisive topic
Subsidies for PV projects are a divisive topic in European countries. Mistakes of the past hang over fresh decision-making processes. Experts argue that changing market conditions are making even months-old schemes too generous, while missing the real issues.
ReNew Power signs PPAs for 2 GW in India
Nasdaq-listed ReNew Power has signed power purchase agreements for 1.5 GW of new utility-scale PV capacity in Rajasthan. It will also build around 0.5 GW of renewables for corporate customers.
European PPA market sees contraction in March
According to Swiss consultancy Pexapark, around 400 MW of power purchase agreements were closed in Europe in March. Germany and Spain were the most dynamic PPA markets during the first quarter of the year.
Bangladeshi fabrics maker invests in 100 MW solar plant
The solar park will sell power to the Bangladesh Power Development Board at a price of $0.1195/kWh under a 20-year power purchase agreement.
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.
The weekend read: Market turmoil drives change in PPAs
Utilities are reshaping their PPA strategies as hungry corporates twist what we thought we knew about procurement approaches. All the while, project owners and operators are seeking an answer to the lingering question: After the 10-year PPA, what next? Luca Pedretti, chief operating officer at Pexapark, reads the market and predicts how we can move forward.
South Korea’s first renewables-linked PPA
Korean beauty products supplier Amorepacific has agreed to buy electricity from 5MW of renewables operated by LNG provider SK E&S. The 20-year deal is South Korea’s first step into unsubsidized renewable energy development.
India installed 1.2GW of unsubsidized solar in 2021
India surpassed 5GW of cumulative, “open-access” solar capacity in December.
Telecoms business signs Bulgaria’s ‘first sleeved solar power deal’
The clean power to be generated by Sofia-based developer Renalfa will be matched to the consumption profile of customer A1 Bulgaria by a subsidiary, utility business unit of the renewables company.
