Two solar PV plants have been installed in gold mines in the Democratic Republic of Congo (DRC) and Mongolia to supply clean energy to their operations.
The co-location of renewable generation and energy storage demands new contractual arrangements to make such projects commercially viable. Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets.
Danish renewables developer Ørsted has signed a 15-year power purchase agreement (PPA) to supply 80MW of solar PV power in the US to media company Bloomberg.
A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in the Sultanate of Oman.