Swiss consulting firm Pexapark says European developers have signed 24 power purchase agreements (PPAs) totaling 1,196 MW in July, with a 27% month-on-month increase in capacity, led by solar deals such as Europe’s largest decentralized solar PPA in France.
The power purchase agreement covers all the energy generated at a 1.2 MW facility in eastern Japan and a 1.9 MW site in the south west of the country.
Mytilineos has signed two 10-year power purchase agreements (PPAs) in Ireland for 14.28 MW of solar projects it is developing.
Swiss consulting firm Pexapark says the total capacity of signed power purchase agreements (PPA) in Europe in April more than doubled the volume it recorded in March. Meanwhile, all tracked PPA prices rose 1.6% month on month.
Engie and UAC Berhad have signed a 20-year solar power purchase agreement (PPA) for a 7.35 MW solar array in Malaysia.
Equinix and Sembcorp Power have signed two long-term power purchase agreements (PPAs) in Singapore. Sembcorp will supply 105 MW to Equinix’s data centers in Singapore, including 75 MW of solar, for up to 18 years.
SkyPower Global has signed a 1 GW solar power purchase agreement (PPA) with a Zambian utility to supply electricity to approximately 4 million homes. Zambian President Hakainde Hichilema hailed the significance of the deal amid ongoing droughts.
Swiss consulting firm Pexapark noted a rise in European power purchase agreement (PPA) prices in March, for the first monthly increase since August 2023. It recorded 18 PPAs in March, totaling 718 MW, with solar accounting for 398 MW across nine deals.
The European market for power purchase agreements (PPAs) reached 16.2 GW in contracted volumes in 2023, up 40% year on year. Pexapark, a Swiss consulting firm, says the result marks a “golden era” for European PPAs, as it predicts the market to surpass 20 GW in 2024.
France’s largest administrative region, Nouvelle-Aquitaine, has launched a call for new solar projects. It aims to promote access to power purchase agreements (PPA) for companies and encourage the emergence of new installations.
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