Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group (GIG), has closed financing on its first corporate power purchase agreement (PPA)-enabled agrivoltaic project in Italy.
Solar developer Lightsource bp is setting up operations in France as it looks to reach a 1GW pipeline of large-scale PV projects in the country by 2026.
German renewables company BayWa r.e. will tender 10TWh of green electricity later this year, describing the move as a “turning point” for Europe’s power purchase agreement (PPA) market.
German conglomerate BayWa benefited from high demand for solar modules during the first quarter of 2022, with its revenues bolstered by the sale of an operational PV plant in the US.
Investment fund Quinbrook Infrastructure Partners and its subsidiary Primergy Solar have closed a US$1.9 billion financing deal for a 690MWac/380MW hybrid solar-plus-storage project in the US.
PV Tech Premium examines the impact of Europe's energy crisis on both PPAs and merchant trading, exploring the different factors companies ought to consider when deciding on the balance of their operations
European renewable power purchase agreement (PPA) prices surged 8.1% in Q1 2022 and 27.5% year-over-year as the effects of the war in Ukraine further deepened the region’s energy crisis and caused upward price pressures, according to LevelTen Energy.
Renewable energy asset manager Luxcara has signed a 300MWp of installed capacity power purchase agreement (PPA) with tech company Meta, formerly Facebook, in Denmark which it claims is the largest ever solar PPA in the country.
A round-up of the latest projects news, including Mitsui investing in ReNew Power’s ‘round the clock’ (RTC) project in India, Canadian Solar selling a solar plus storage project and JinkoSolar delivering 500,000 bifacial modules to a Greek project.
Newly formed solar developer AMPYR Energy USA will aim to offset lower returns from power purchase agreements (PPAs) by leveraging merchant markets to increase revenue.