Hyperion Renewables continues to expand its PV plant portfolio and is now working on green hydrogen production and distributed generation projects.
LevelTen Energy’s Q3 2020 PPA Price Index report shows that average utility-scale solar PPA prices rose again in Q3, up to $29.3/MWh. And while the ITC step-down and simple economics are to blame, LevelTen shares that the increases are no cause for alarm.
The unsubsidized market is taking another step forward in Germany with the news of two projects ready to sell power to the wholesale market as well as through PPAs.
Solar is regaining speed in Spain after the Covid-19 crisis. Iberdrola is now building 150 MW, while Foresight recently acquired a 26.1 MW project. FRV has secured financing for a 136 MW array, Audax plans to issue green bonds to finance its pipeline, and an 800 MW solar park is expected to provide with power Alcoa’s aluminum plant in Galicia.
Better Energy is building the project on cultivated organic agricultural land in the municipality of Holstebro.
German utility RWE will sell solar electricity to the German conglomerate under a 16-year power purchase agreement. The electricity will be generated by a 50 MW solar plant in southern Germany. Bosch has also sealed power supply deals with Statkraft and Vattenfall.
Plus, U.K. analyst Cornwall Insight reports the price of green energy certificates in the nation could stay in the doldrums for some time and industry executives consider the upsides of the new virtual PV business.
The Royal Bank of Canada has agreed to buy 80,000 MWh per year from two solar parks now under construction in the province of Alberta. They will begin supplying power in April 2021.
Developer Anumar has secured the signature of Norwegian renewables company Statkraft on a 50 MW power purchase agreement for the project and another 30 MW of generation capacity has been awarded a feed-in premium tariff in a tender. Umweltbank provided a €55 million loan.
The project, set to be commissioned this year, will sell power to an unspecified industrial client under a power purchase agreement.
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