ppa

Spanish utility Iberdrola has signed a PPA to supply power to retailer Alcampo from two solar PV plants with a combined capacity of 550MW.

Better Energy has signed a PPA with Fujifilm Diosynth Biotechnologies to sell electricity generated at its 107MW solar project in Vedde.

EDF Renewables has signed a PPA with SCPPA to sell some of the power generated from its upcoming 300MWac Bonanza solar-plus-storage project.

French telecom company iliad Group has signed three solar PV power purchase agreements (PPAs) across Europe for a combined capacity of 89.5MW.

Global corporate PPA volumes for solar and wind increased to a record of 46GW in 2023 driven by substantial growth in EMEA.

Solar developer Recurrent Energy has secured US$160 million in project financing for its 127MW PV project in Louisiana, US.

Norwegian renewable energy developer Scatec has started commercial operation of 150MW solar PV plants in Pakistan.

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.