PPA

The South African Government has set a date of March 13 for the signing of 27 outstanding PPAs for solar and wind. It emphasized the economic benefits of the contracts, which are set to spur new energy investment of around US$4.7 billion and over 60,000 jobs.

The National Mining Company of Chile (ENAMI) will be the first Chilean mining company that will have all of its electricity demand covered by clean energy sources. Supply of electricity under the long-term PPA will begin in April 2018.

The company’s solar park under development in Benjamin Hill, in the state of Sonora, will sell power to Mexican retailer, El Puerto de Liverpool under a 15-year PPA.

The Swedish power company has signed three private power purchase agreements (PPAs) for solar PV power plants totaling 38 MW in the city of Uden.

The Talasol project, which the Israeli solar company acquired in May, plans to sell power to the Spanish spot market starting from 2020. The financial hedge will cover the supply of between 3,500 GWh and 3,700 GWh for a 10-year period.

The three projects will all be located in the north of the country, one of the regions with the world’s highest levels of solar irradiation.

Shell Energy Europe Ltd has signed a five year power purchase agreement (PPA) with British Solar renewables (BSR), for the off-take of energy from England’s largest solar PV power plant.

The facility, which is located in the region of Coquimbo, will sell power to the Metro of the country’s capital city, Santiago under a long-term PPA.

The British investement firm said its 3.9 MW solar facility currently under construction in the southern region of Murcia will sell electricity to the power provider Energya-VM under a 10-year PPA.

France’s Akuo Energy has achieved a milestone in the development of a 50 MW solar PV plant in Bali, Indonesia. pv magazine explores how the project fits in with the country’s new renewable energy law.