Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.
While renewables procurement is more challenging for SMEs with smaller power demands and less energy sector expertise, PPA aggregations offer a solution. Meghan McIntyre of Schneider Electric explores the deal structures for such aggregations and how project developers can benefit from them.
In early December, the Dutch government announced a €130/MWh revenue cap on solar and wind generation. The decision to lower the cap draws eyes, and potentially spells trouble for the country that installed Europe’s fourth largest solar capacity in 2022.
Sky-high electricity prices and an increasing urgency to curb fossil fuel use have led to a surge in European solar additions this year. Jules Scully charts how the continent’s ongoing energy crisis is affecting EU renewables policy and PPA appetite.
Petrochemical company INEOS Olefins & Polymers USA has signed a power purchase agreement (PPA) with a subsidiary of NextEra Energy for a 310MW solar project in north central Texas.
US energy company DTE Energy and car manufacturer Stellantis have signed an agreement to add 400MW of new solar projects across Michigan through DTE’s MIGreenPower renewable energy programme.
