According to a study by CELA Clean Energy Latin America, there are currently approximately 10.7 GW of solar photovoltaic and wind projects under bilateral PPAs in the Latin American country.
The Italian energy provider agreed to buy 17 unsubsidized solar plants from U.K.-based Octopus Renewables for €205 million.
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.
As renewable energy subsidies slowly evaporate, managing risks and securing revenue streams is becoming increasingly complex for investors. Pexapark is looking to address this helping companies transact PPAs and manage energy sales.
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
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