power purchase agreement

Maria Popova of the European Federation of Energy Traders makes the case for power purchase agreements from renewable sources, as the sheer volume of renewables growth required to reach Europe’s climate target means that public financial support is unlikely to be sufficient for the task, and market-based instruments and mechanisms need to be deployed alongside.

Spanish independent power producer (IPP) Opdenergy has signed a 12-year power purchase agreement (PPA) for a 108MW solar PV project in Chile.

French renewable power producer Neoen has begun construction on a 100MWp PV plant in Sweden, alongside Swedish independent power producer (IPP), Alight.

French oil giant TotalEnergies has reached commercial operations of a 380MWp solar-plus-storage project in Texas, US.

Spanish independent power producer Opdenergy has secured US$252 million for two solar projects with a combined capacity of 260MWdc.

North American solar power purchase agreement prices increased 4% in Q3, following a decline in prices in Q2.

Lightsource bp has signed a virtual power purchase agreement with the Fashion Pact as fashion companies look to decarbonise their operations.

Solar developer Lightsource bp has signed a 149MW power purchase agreement (PPA) with chemical manufacturer LyondellBasell.

National Grid Renewables has begun operations on the 247MW Yellowbud solar PV project, delivering power to Amazon under a pre-arranged PPA.

Latin America-focused solar developer Atlas Renewable Energy has commissioned 600MW of solar PV in Brazil.