power purchase agreement

PV tracker supplier Nextracker has signed an agreement with solar developer Atlas Renewable Energy to implement its tracker control system at a 902MWp solar plant in Brazil.

SmartestEnergy has signed a power purchase agreement with Mytilineos for the latter’s proposed Kingaroy solar farm in Queensland, Australia.

The New Mexico Public Regulatory Commission has approved the offtake contracts for DE Shaw Renewables Investment's Carne solar facility.

Renewables company BayWa r.e has inked a deal with German bank Norddeutsche Landesbank (NORD/LB) to secure €32.5 million (US$34.7 million) for a 54.1MWp solar project in Spain.

Energy trader Axpo Deutschland has signed a power purchase agreement (PPA) with silicon wafer manufacturer Siltronic.

ACWA Power has signed an agreement with Badeel – the water and electric holding company of the Saudi Arabian Public Investment Fund (PIF) – to develop 4.5GW of solar PV projects in Saudi Arabia. The projects will represent an investment of SAR12.2 billion (US$3.3 billion).

US renewables developer rPlus energies has signed a long-term power purchase agreement (PPA) with Idaho Power – a state utility – for its planned 200MW Pleasant Valley Solar project in Ada County, Idaho. The power will support operations at a data centre owned by Silicon Valley giant Meta.

Renewables developer Sonnedix has signed a 10 year power purchase agreement (PPA) with US data company Equinix for 150MWp worth of solar PV.

Atlas Renewable Energy has signed a power purchase agreement (PPA) with Brazil’s largest aluminium producer for its 902MWp PV project in the state of Minas Gerais.

Portuguese utility EDP Renováveis has signed a power purchase agreement (PPA) with consumer goods manufacturing giant Proctor & Gamble.