Free-market success will require accepting merchant risks and even ‘reverse subsidy’ logic of paying for grid access, say developers, investors and utilities gathered at Munich event.
Industry must work with governments and companies to fight bureaucracy and costs holding back renewable purchases, BayWa survey finds as Intersolar kicks off.
C2 Energy Capital has signed off on 46 Power Purchase Agreements (PPAs) and leases with Walmart that will see the company provide renewable energy to the retailer in five US states.
Lightsource BP has moved into the Iberian energy market and plans to work with local partners to purchase and co-develop utility-scale ground-mount solar sites as well as to create a greenfield pipeline of solar projects across the Iberian Peninsula.
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.
NM Renewable Development, LLC (NMRD), a joint venture between subsidiaries of utilities PNM Resources and American Electric Power, will build two 50MW solar PV projects in New Mexico to power Facebook facilities.
