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.
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.
Power purchase agreements will be allowed between renewable energy producers owning plants with a capacity of more than 1 MW and electricity consumers. Local utility Kepco, however, will keep serving as an intermediary.
Corporate power purchase agreements and the combination of PV plants with hydrogen production open up new medium-term financing opportunities for solar projects, as was demonstrated at the fourth session of the pv magazine Roundtable Europe event. The evolution of corporate deals may have been slowed by current price developments but hydrogen may come sooner than many had predicted.
Sunco Capital has secured a deal with oil major Shell. The electricity will be provided by two solar parks Sunco is building near Ciudad Real, in southern Spain.
Community choice aggregations are U.S. government entities that procure electricity on behalf of retail electricity customers within a geographic area. Power will be provided by the First Solar-developed Rabbitbrush project under a 15-year contract.
Portuguese electric utility EDP will supply power to Dutch nutrition, health and sustainable lifestyle multinational Royal DSM. The agreement relates to 59 MW of solar and wind generation capacity.
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