power purchase agreement

Renewable power purchase agreements (PPAs) market volume in Germany nearly quadrupled in 2023, increasing by 323% over 2022, according to the German Energy Agency (dena).

LevelTen Energy's latest report into renewable PPA prices reveals “increased stability” as offer prices in North America increased by 0.9%.

German independent power producer (IPP) Encavis has signed an offtake deal with LyondellBasell for 208MW worth of solar PV power generation.

Greek renewables developer Mytilineos has signed a 210MW solar PV long-term power purchase agreement (PPA) with packaging manufacturer Karatzis in Greece.

Retail giant Walmart has signed a power purchase agreement (PPA) with utility EDP Renewables North America (EDPR NA) for a 180MW solar PV project in Texas, US.

EDPR NA and Volt Energy Utility have started construction on a 100MWac solar project in the US state of Illinois.

The Michigan Public Service Commission (MPSC) has rejected two applications to terminate power purchase agreements with biomass producers.

Maharashtra State Electricity Distribution Company (MSEDCL) has launched a tender to procure power from solar PV projects with a capacity of up to 5GW.

SJVN Green Energy, the subsidiary of Indian state-owned utility SJVN, has signed offtake agreements for 600MW of solar PV capacity with Rajasthan Urja Vikas and IT Services Limited (RUVITL).

Longroad Energy has achieved financial close on a solar PV and battery storage project in Arizona, on which construction is already underway.