hybrid projects

The co-location of renewable generation and energy storage demands new contractual arrangements to make such projects commercially viable. Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets.

The Solar Energy Corporation of India (SECI) has given approval to Green Infra Wind Energy to build a 450MW hybrid solar-plus-wind project.

India-based renewables developer Avaada Group has signed a memorandum of understanding (MoU) with the Indian government of Gujarat to develop 6GW of hybrid solar-wind capacity.

Spanish utility Iberdrola has completed construction of its first hybrid solar-wind plant in Spain and is working towards commissioning it.

The Jamaican government has announced a tender to procure renewables of up to 100MW.

Indian independent power producer (IPP) Ayana Renewable Power has signed a power purchase agreement (PPA) with metallurgical company Hindalco to supply 100MW of round-the-clock (RTC) renewables.

EDP Renewables plans to begin commercial operations at a new 45MW solar project in Poland using existing renewable grid infrastructure.

The Chilean government has awarded Spanish renewable power company EDP Renewables tenders to build 323MW of new clean power projects.

Ghana is on track to achieve its goal of universal access to electricity by 2025 with the successful implementation of the Bui Hydro-Solar PV Hybrid system.

The contract for the world’s first offshore floating solar farm has been awarded to offshore specialist Oceans of Energy for a project in the North Sea off the coast of the Netherlands.