A round-up of the latest news from the power purchase agreement market, including a virtual PPA between EDF and Thermo Fisher Scientific in Texas, Engie signing a 116MW PPA with Digital Realty in Germany and PG&E securing 30MW of community solar PPAs.
US-based renewable energy developer Apex Clean Energy has signed an environmental asset purchase agreement with tech giant Meta for a 195MW solar project in Texas.
US solar power purchase agreement (PPA) prices continued to climb in Q4 2022, as supply chain blockages and uncertain legislation increase costs for developers, according to renewables transaction infrastructure provider LevelTen Energy.
Australian energy retailer SmartestEnergy has signed a long-term power purchase agreement (PPA) with renewable energy project owner Octopus Group to offtake 25% generation from a solar farm.
PV has outpaced wind as the preferred choice for corporate buyers in the US, with utility-scale solar accounting for 58% of the total contracted clean power to date, according to trade body the American Clean Power Association (ACP).
With a recent wave of policies and renewable reforms, investments are set to be boosted in India with solar-wind hybrid projects and corporate power purchase agreements among key trends.
Sky-high electricity prices and an increasing urgency to curb fossil fuel led to a surge in European solar additions last year. Jules Scully charts how the continent’s ongoing energy crisis is affecting EU renewables policy and PPA appetite.
