power purchase agreement

French independent power producer (IPP) Neoen has inked a four-year power purchase agreement (PPA) with energy retailer SmartestEnergy Australia for 50% of the energy generated from the 440MW Culcairn Solar Farm in New South Wales.

Australian telecommunications giant Telstra has inked a power purchase agreement (PPA) to secure 50% of the electricity generated from the 260MW Glenellen Solar Farm in New South Wales, Australia.

Meta has signed two power purchase agreements (PPAs) with German firm RWE to acquire power from two of its solar farms in the US.

Graphic Packaging International (GPI) will acquire electricity from an 83MW solar portfolio operated by Zelestra.

RWE Supply & Trading and the Salzgitter Group have signed a power purchase agreement (PPA) for the 180MW Boitzenburger Land solar park.

Signed through a 20-year PPA with Bangladesh Power Development Board (BPDP), a state-owned company, the electricity generated from the plant will be sold at a fixed price of US$0.1094/kWh.

Encavis has secured €145 million in financing to complete the construction of the 260MW Bartow solar park in Germany.

Clean energy developer EDP Renewables North America, Arizona utility Salt River Project (SRP) and US technology giant Meta have commissioned the 200MW Brittlebush Solar Park in the US state of Arizona.

Indian renewable power developer ReNew has commissioned a 400MW solar project in the northern Indian state of Rajasthan.

Pexapark's latest report notes a 1.5% decline in the average price of a PPA signed in Europe from the end of May to the end of June.