Spanish energy sourcing platform Fortia Energia has signed a 10-year power purchase agreement (PPA) with Norwegian renewables firm Statkraft for power supply to large industrial customers in Spain and Portugal, mainly from Statkraft's wind and solar portfolio.
Australian renewables and storage developer Edify Energy has secured a power purchase agreement for part of the output of its 275MW Darlington Point Solar Farm in New South Wales.
The developing post-subsidy solar market in Europe has taken another step forward with the news that UK-based investor Octopus has extended five power purchase agreements in Italy with renewable energy trader EGO Group.
French power giant ENGIE has signed a 15-year power purchase agreement (PPA) to supply energy from a 130MW solar PV plant to steel producer, Gerdau, in northern Mexico.
Martin Libra, Head of LATAM at Prothea, an independent advisory boutique providing advisory and asset management services in the renewable energy sector, explains the chances opening up in the Chilean wind and solar market, which can now be considered a pioneer in the grid parity trend that is currently developing in Southern Europe.