power purchase agreement

New Jersey-based power producer Soltage has acquired 14MW of contracted solar assets from renewables developer ReNew Petra. The power is earmarked for rural North Carolina communities.

NADEC inks 25-year PPA with clean energy developer for project to help power complex in country’s east, with plans to launch supply in autumn 2020.

Centrica subsidiary Direct Energy will acquire power from 32MWp/23MWac solar installation, predicted to be province’s largest once complete.

German group repeats PPA offtaker for 121MW project north of Andalusian city, while Spanish firm turns to Bankia, Bankinter to back 112MW trio in same province.

Agreement to transfer annual 525GWh for ten-and-a-half years is billed by signatories as largest long-term supply deal seen in Spain to date.

NextEra Resources will build a 100MW solar farm for Arkansas utility Entergy Arkansas, to include 30MW of battery energy storage, as Entergy seeks to build out solar capacity in the state.

The addition of energy storage has made a 1MW community rooftop solar project in Massachusetts viable after a long-term PPA was secured with a local utility.

A 100MW AC (125MW DC) solar farm project in Australia will be sold by global utility-scale solar developer FRV (Fotowatio Renewable Ventures), to two investment groups.

The Ministry of Industry and Trade of Vietnam (MOIT) has released a draft circular containing guidelines on how to develop solar PV in the country, but has failed to address a range of issues that could impact large-scale project bankability, according to analysis from multinational law firm Baker McKenzie.

Independent solar developer 8minutenergy announced Wednesday that it has received approval on a power purchase agreement to develop the 90MW Springbok 3 Solar Farm in Kern County, California.