power purchase agreement

Yindjibarndi Energy Corporation (YEC) has reached financial close on the 150MW Jinbi solar PV power plant in Western Australia's Pilbara region and signed a 30-year power purchase agreement (PPA) with mining giant Rio Tinto.

Tech giant Amazon has announced nine new renewable energy power purchase agreements (PPAs) in Australia totalling 430MW, with eight projects featuring solar generation co-located with BESS.

The average price of a solar power purchase agreement (PPA) signed in Europe fell to €55.05/MWh (US$64.83/MWh) in the first quarter of 2026.

As key purchasers of solar power, distribution companies are central to India’s renewable energy goals. But, under severe financial strain, they could also derail those same ambitions.

Aggreko has finalised a 15-year power purchase agreement (PPA) with international mining company Harmony Gold for the Eva Copper Mine Project in Northwest Queensland.

The conflict in the Middle East could drive European solar PPA prices up by as much as 35%, according to Pexapark.

Sunraycer has signed long-term power purchase agreements with Google for its Lupinus and Lupinus 2 solar projects in Texas.

Origis Energy has commenced operations at its 210MWdc Wheatland utility-scale solar project in Knox County, Indiana.

PPA prices are set to continue to rise in the short-term, “as demand outpaces supply”, accotding to Geoffrey Lehv of kWh Analytics.

The price of solar PPAs signed in North America increased 3.2% between the third and fourth quarters of 2025, reaching a high of US$61.67/MWh.