French railway operator signs 25-year solar PPA
SNCF has agreed to buy 207 GWh of annual electricity supplies under a 25-year power purchase agreement with France’s Reden, which is building four solar plants to provide electricity to the railway operator.
LevelTen’s European solar PPA index rose to €68.57/MWh in Q3
Prices rose in all European energy markets between July and September, according to a new report by LevelTen Energy. Germany and Poland recorded the highest prices, while Spain and Finland recorded the lowest. Solar PPA prices rose by 15.4% – almost twice as much as wind prices.
Ripple effects of EU revenue cap on renewable energy
The European Union’s much-needed emergency measures to tackle the ongoing energy crisis may have unintended consequences for the region’s renewable energy ambitions, warn analysts, but the impact on power purchase agreements will likely vary, depending on the contracts.
PPA prices in Europe decreased by 11% in June
The rise in gas and electricity prices was not reflected in PPA prices in June. The war in Ukraine continues to prevent the signing of PPAs and has caused prices to rise in most European markets, with Pexapark’s Pexa EURO index posting an overall decline of 11.3% month-on-month for June.
Ukraine war halting PPAs, driving up prices across Europe
Spain has already approved temporary restrictions on the price of gas for electricity generation.
War in Ukraine pushes solar PPA prices in Europe up to €0.038-€0.074/kWh
Renewables-linked PPA prices have shot up nearly 30% in a year, especially due to the war in Ukraine, according to the latest Levelten Energy report.
Canadian Solar claims to be king of Italian solar
The Chinese-Canadian company has secured the signature of Swiss energy business Axpo as offtaker for around 109GWh of solar electricity over a decade, with the clean power to be produced at Canadian Solar projects in Lazio and Sicily.
Latest Polish renewables auction shows momentum of unsubsidized solar
Recent analysis from German consultancy Enervis has shown that only 40% of the electricity to be generated by solar capacity in Poland’s latest auction for utility scale renewables will be sold under the exercise’s contracts for difference regime, and that the remaining share will be sold under bilateral power purchase agreements or to the spot market.
EU: ‘How can renewables permits be simplified?’
Brussels has asked interested parties how the permitting process for renewable energy sites can be simplified across the EU and how private PPAs can be made more attractive. Respondents can submit their thoughts until April 12.
Unsubsidized solar projects proliferate in Poland
Four new PV developments have been announced this week, adding to a growing list of renewable energy projects in the coal-dependent Eastern European country.
