Innovative PPA debuts in US solar sector
Proxy generation power purchase agreements, which were first used with wind projects, manage weather-related risks by settling energy transfers based on a proxy generation index, rather than on actual metered generation. Operational risk shifts from buyer to seller.
PPA signed for 72 MW of solar in Colombia
Spanish developer Grenergy has secured a PPA from Colombian energy company Celsia for the supply of 120 GWh per year. The electricity will be provided by a solar park that will begin commercial operations in 2022.
Merchant PV project announced in Italy
Italy’s Tages Group is planning to build a 4.5 MW solar plant in Sicily and sell the generated electricity to the spot market.
15-year PPA for 18 MW solar park in Sweden
Built by solar developer Alight, the PV plant will provide 40% of restaurant and catering company Martin & Servera’s electricity demand.
End of subsidies could fuel the corporate PPA boom in Europe
Pioneering solar projects which signed ten-year feed-in tariff agreements will soon need to operate free of subsidy and with local authorities like the City of London starting to embrace direct contracts with renewables generators, the PPA market could be set for another turbo charge.
Another week, another wave of solar PPAs
Unsubsidized solar keeps moving forward in Germany, the US, Egypt, Italy, the Philippines, France and South Africa.
EnBW builds another 300 MW of unsubsidized solar in Germany, ERG announces plans for 600 MW
German utility EnBW plans to build 300 MW of solar at two sites in northeastern Germany, while Italian oil company ERG has entered the German PV market with a 600 MW PV project portfolio.
Canadian Solar secures PPAs for 862 MW of solar in Brazil
The Chinese-Canadian company has secured two more deals in the Brazilian deregulated energy market. A 12-year PPA was awarded by BTG bank while a second, 15-year contract was awarded by power provider Furnas Centrais Elétricas.
Iberdrola secures 10-year PPA for Spain’s largest PV project
Iberdrola has agreed to supply electricity from a 590 MW solar project to nine facilities owned by German pharmaceutical giant Bayer.
World could add more than 900 GW of solar by 2025 if politicians grasp the nettle – IEA
With the International Energy Agency publishing its latest five-year clean energy forecast today, pv magazine takes a look at the solar content of the 162-page document.
