“Privately funded” 200 MW Solar River PV project gets development approval
A hugely-ambitious plan to develop a 200 MW PV array and 120 MWh battery system in South Australia has received development approval. The project developer, which is hosted by the University of South Australia’s ThincLab accelerator, reports that the $450 million project is privately financed with a 60/40 merchant/PPA structure – a significant milestone for the market segment.
EDF Solar secures PPA for 7 MW project in central Spain
The solar facility will sell part of its power to a company near Toledo. Through a seven-year PPA, the buyer will cover around 40% of its energy needs
India: Azure Power awarded 130 MW solar project
Azure Power has been awarded a 130 MW solar PV project by the Maharashtra State Electricity Distribution Company Limited (MSEDCL). It is expected to be commissioned in 2019.
South Africa finally signs 27 outstanding renewable PPAs
South Africa’s utility-scale solar industry is finally back on track following the signing of 27 renewable energy power purchase agreements (PPAs).
South African court rules in favor of renewables
Common sense appears to have prevailed in South Africa, with the Gauteng North High Court ruling against coal’s attempt to block the signing of 27 renewable energy PPAs.
Natixis acquires 25 MW in Portugal
The French corporate and investment bank acquired the project from Hyperion Renewables via its unit for responsible investment solutions, Mirova. The project has already secured a 10-year PPA from local power distributor, Axpo Ibéria.
Unbelievable: Coal puts halt to South Africa’s renewables industry
In an unexpected turn of events, two unions representing coal interests have put a halt to the signing of 27 renewable energy power purchase agreements (PPAs), thus effectively stopping South Africa’s renewables industry in its tracks.
South Africa: Date set for PPA signing, economic benefits highlighted
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.
Acciona secures solar PPA from Chilean mining company ENAMI
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.
Ienova secures corporate PPA for 125 MW solar project in Mexico
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.
