South Korea opens its renewable energy market to PPAs
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.
Another week, another wave of solar PPAs
Unsubsidized solar keeps moving forward in Germany, the US, Egypt, Italy, the Philippines, France and South Africa.
pv magazine video: New business models develop in surprising directions
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.
Another 500 MW of unsubsidized solar for Denmark
German PV asset manager Encavis and Danish renewables company Greengo have already secured approval for one large project.
Power purchase agreement for 83 MW of Spanish solar
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.
First Solar signs PV-plus-storage PPAs with community choice aggregators
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.
Renewables PPA signed in Spain despite Covid-19 disruption
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.
Italy deployed 737 MW of solar in 2019
The Italian market saw a year-on-year increase in new installations as several unsubsidized solar parks came online. Most of last year’s new capacity arrived in November and December. The regions with largest volumes were big-solar magnets Apulia and Sardinia.
Fifteen-year PPA for 200 MW of PV in Mexico
Portuguese energy group EDP has secured a long-term power purchase agreement for its 200 MW Los Cuervos solar plant in the Mexican state of Aguascalientes. Local offtaker Ammper has agreed to buy the electricity.
Covid-19 daily bulletin: Mixed bag for global PV sector
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
