ppa signing

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.

Voltalia’s 143MW new trio will supply state rail group SNCF under 25-year PPA, billed as 'unprecedented' in nascent subsidy-free market.

Firm’s Iberian unsubsidised portfolio hits 116MW mark after signing deal for 10MW PV cluster to supply power to corporate’s steel mills.

Agreements combining solar and wind to become a reality given their ability to mitigate intermittency costs, says WBCSD report.

Developer signs individual deals with Jacksonville utility for each of the five 50MW distributed generation projects under planning.

Grid parity and strong prices in Southern Europe drive wind specialist to 20-year PPA deal to purchase 708MW from plants built by WElink in Spain and Portugal.

Tamil Nadu’s distribution company (Discom) awarded 1.5GW of solar to 18 companies in June, but it has now signed PPAs with just 16 of the companies, all of whom have agreed to lower their original tariff to the lowest bid in the auction.