solar ppa

Renewable power purchase agreements (PPAs) market volume in Germany nearly quadrupled in 2023, increasing by 323% over 2022, according to the German Energy Agency (dena).

As the solar industry has matured and sustainable investment has moved up on the global market’s list of priorities, power purchase agreements (PPAs) have become a mutually beneficial arrangement between developers and the corporate world. But SMEs have remained difficult to cater for in comparison to larger, more bankable offtakers or utilities with permanent facilities. Edith Hancock explores how this might be changing.

Energy company American Electric Power (AEP) has issued a request for proposals (RFP) for off-take on new utility-scale new solar, wind, and battery energy storage systems located in the PJM Interconnection area.

This year’s 26th UN Climate Change Conference of the Parties (COP26) could be a catalyst for growth in the private solar market.

Shorter power purchase agreements (PPA) could become more commonplace in Europe’s solar sector as developers strive to bring on more offtakers.

Telecoms giant secures deals with Lightsource BP, Invenergy, EDF Renewables and NextEra Energy Resources on six US solar projects under development.

European renewables PPAs could exceed 10GW of capacity by year-end, driven by growth in Spanish solar market.

Agreement for new solar plants to power all French sites of retail multinational comes as European country eyes post-COVID renewable future, with 152MW in new rooftop tender awards.

Plans by e-commerce giant Amazon to sponsor new solar farms in Aragón (50MW), Virginia (65MW) and New South Wales (60MW) come as it becomes an off-taker of Canadian Solar’s separate 146MWp scheme.

Spanish region set to cement status as European PV hotspot through new plant backed by PPA with telecoms giant Orange, adding to Iberdrola’s 500MWp and 591MWp projects in the area.