power purchase agreement

Iberdrola has signed a power purchase agreement (PPA) to sell electricity from its 590MW solar plant in Spain to food and drink giant PepsiCo.

Renewables company Scatec has signed a power purchase agreement (PPA) with alumina supplier Alunorte for its Mendibum solar project in Brazil.

S&P Global Commodity Insights has partnered with renewables advisory firm Pexapark to create a new power purchase agreement (PPA) benchmark.

Current higher wholesale prices and favourable economics for renewables in Europe would have developers as the primary beneficiaries this decade, according to a report from advisory firm Edison Group.

Commercial and industrial (C&I) solar investor True Green Capital Management (TGC) has closed a US$660 million fundraiser for its latest fund.

Norwegian renewables developer Hydro Rein and Macquarie’s Green Investment Group (GIG) are to collaborate on a hybrid solar-wind project in Brazil.

Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group (GIG), has closed financing on its first corporate power purchase agreement (PPA)-enabled agrivoltaic project in Italy.

Renewable energy asset manager Luxcara has signed a 300MWp of installed capacity power purchase agreement (PPA) with tech company Meta, formerly Facebook, in Denmark which it claims is the largest ever solar PPA in the country.

A round-up of the latest projects news, including Mitsui investing in ReNew Power’s ‘round the clock’ (RTC) project in India, Canadian Solar selling a solar plus storage project and JinkoSolar delivering 500,000 bifacial modules to a Greek project.

Spain is to fast-track solar PV projects with generation capacities of up to 150MW as part of a suite of measures the country has enacted to help ease an energy crisis affecting the country.