ppa

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.

Solarpack has signed a 25-year PPA to sell power generated at its upcoming 410MW Gorbea solar project to SECI.

The power will come from Atlas Renewable Energy's 787MWp Luiz Carlos solar project located in the municipality of Paracatu, Minas Gerais.

Apex and Microsoft have signed a power purchase agreement (PPA) that will see the latter buy electricity from the Wheatsborough solar project

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.

First Solar has signed a PPA with Cleantech Solar, which will see the latter build 150MW of new solar capacity in India.

Under the agreement, SmartestEnergy Australia will source energy from the 93MW Girgarre Solar Farm owned by Enel Green Power Australia.

Saudi-based IPP ACWA Power has signed a PPA with government bodies in South Africa for a 442MW solar PV project.

The government of Sri Lanka has entered into a power purchase agreement (PPA) with Australian firm United Solar Group (USG) for a 700MW floating solar and storage project.