PPAs

LevelTen Energy says in a new report that solar power purchase agreement (PPA) prices have remained stable in the United States, indicating greater stability after a period of market volatility.

Investors and developers in Europe signed 24 power purchase agreements (PPAs) for 1.1 GW of solar in February, making it a “month to remember,” according to Swiss consultancy Pexapark.

Electricity market liberalization and private sector development of solar and energy storage in Cyprus continue to be delayed. pv magazine’s Ilias Tsagas looks at why independent power producers are frustrated by electricity curtailment and a lack of market reform.

Pexapark, a Swiss consulting firm, says the new year started with “robust activity” for power purchase agreements (PPAs). It says that lower power and commodity prices drove a 12.8% month-on-month decline in all tracked PPA prices.

Pexapark, a Swiss consulting firm, says December marked a robust conclusion to a strong year for power purchase agreements (PPA). Developers secured 23 new PPAs – nine more than in December 2022 – with a combined capacity of 936 MW.

Resources giant Rio Tinto has signed Australia’s largest corporate power purchase agreement (PPA) to date. It has agreed to buy 100% of the output from European Energy Australia’s 1.1 GW Upper Calliope Solar Farm to provide renewable power to its aluminum operations in the state of Queensland.

In November 2022, Germany’s Energie Baden Württemberg and steelmaker Salzgitter Group signed one of Europe’s first power purchase agreements (PPAs) for hydrogen production. More have followed and with the European Union introducing rules to govern green hydrogen, an industry is planning for its future.

Pexapark says developers signed 17 long-term power purchase agreements (PPAs) in Europe in September, with 14 of them specifically involving solar projects.

Everoze Partner Abdul Sotayo highlights some of the issues that continue to hold back progress on clean energy in Nigeria, where energy poverty remains a problem, despite the nation’s vast solar potential.

Pexapark says that prices for power purchase agreements (PPA) fell 11% in Europe in May. Germany and Spain were the largest markets for PPAs, with deals totaling 245 MW and 317 MW, respectively.