A2A buys 173 MW of grid-parity solar in Italy
The Italian energy provider agreed to buy 17 unsubsidized solar plants from U.K.-based Octopus Renewables for €205 million.
Indian developer signs PPAs for 13.2 MW of solar
Gujarat-based solar developer KPI Global has signed power supply agreements with nine different industrial customers for 13.15 MW of PV capacity.
Enercoop signs more solar PPAs in France
French renewables specialist Enercoop has secured an annual solar power supply of 25 GWh over a 30-year period through three new deals.
Blockchain-enabled retail PPAs in Australia
WePower has delivered its blockchain-enabled Elemental technology to Mojo Power to set up the Mojo Marketplace, an online market for renewable-energy retail contracts.
European joint venture wants to deploy 4 GW of PPA-linked solar across UK, Germany and the Netherlands
Ampyr Solar Europe, a new joint venture between Naga Solar, the AGP Group, and Hartree Partners, will develop ground-mounted photovoltaic projects in the three European countries. The solar parks will be financed through power purchase agreements with energy suppliers and businesses.
Seven-year PPA for 34 MW solar park in Denmark
Denmark’s Better Energy is building the PV facility in Denmark’s southernmost region. Danish pharmaceutical company Lundbeck has agreed to buy the power generated by the plant over a seven-year period.
Poland’s first solar PPA will see photovoltaics power cement production
The local subsidiary of German company Heidelbergcement will take solar electricity from the 65 MWp Witnica solar park between Poznań and Berlin for ten years under the power purchase agreement.
Axpo signs first solar PPA in Switzerland
Swiss energy company Axpo will supply electricity to a supermarket chain from a 2.2 MW solar plant under a 20-year power purchase agreement. The facility is being deployed at the Muttsee dam, at an altitude of almost 2,500 meters above sea level.
UK added 545 MW of solar last year to hit 13.9 GW
The news comes on the day a private equity investor in the English North East announced plans to jointly develop a 1.4 GWp solar portfolio with Canadian Solar.
Rollercoaster for the European PPA market in 2020
The Covid-19 crisis temporarily paralyzed the business for large scale unsubsidized solar projects across Europe. At the end of the year, however, demand for projects that are financed through electricity purchase agreements regained speed. Pexapark estimates that there is currently 10 GW of renewable energy capacity under signed PPAs in Europe, most of which is for solar power.
