Photovoltaics could offer peak generation at times of the year when the nation needs it most, says IRENA, but plenty will have to be done, including upgrading an aging grid and training an army of installers and building energy auditors.
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.
The City of London Corporation signed a £40m solar power purchase agreement on the same day the prime minister outlined a net-zero strategy which failed to even mention solar.
French developer Voltalia has contracted to supply solar power to Brazilian thermoplastic resin company Braskem. The solar plant which will generate the electricity is planned as an expansion of two facilities allocated by the Brazilian government in a public renewable energy auction.
The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.
French renewables company Voltalia has secured a 25-year power purchase agreement from Crédit Mutuel Alliance Fédérale for a 10 MW solar plant and Germany’s Enerparc has signed a long term deal with Norwegian energy company Statkraft for a solar park planned in Bavaria.
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