ppa signing

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.

Spanish developer Grenergy has signed a 15-year power purchase agreement with chemical company LyondellBasell for a 259MW solar PV plant in Spain.

US utility Entergy Texas has signed a 150MW solar PV power purchase agreement (PPA) with renewables developer Longroad Energy in the US.

Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.

Indian independent power producer (IPP) ReNew Power has signed an offtake agreement with tech giant Microsoft for 150MW of solar capacity in India.

Fashion retailer H&M has signed a power purchase agreement with independent power producers Neoen and Alight for a 90MWp solar park in Sweden.

US solar developer Pine Gate Renewables has signed power purchase agreements (PPAs) for 1GW of utility-scale solar PV in late-stage development in the US

DESRI has signed a long-term power purchase agreement (PPA) with public utility Cleco Power for a 240MW PV project in Louisiana.

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.