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The agreement spans a duration of 25 years and is valued at SAR22.5 billion (US$6 billion). Image: ACWA Power

ACWA Power signs 12GW solar PV PPAs in Saudi Arabia

July 14, 2025
ACWA Power has signed power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) for five solar PV projects in the country.
Statkraft will utilize the Chociwel and Wągrowiec solar farms – located approximately 600 km northwest and 300 km west of Warsaw, respectively. Image: Statkraft.

Statkraft, Better Energy sign 64GWh PPAs in Poland

June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
Image: Lightsource bp

Lightsource bp signs 115MW PV-fishery PPA in Taiwan

June 27, 2025
Solar developer Lightsource bp has signed a power purchase agreement (PPA) with a subsidiary of Taiwanese energy firm HD Renewable Energy (HDRE).
Solar PV plant in Romania from Enery

OMV Petrom, Enery JV to build 400MW solar PV in Bulgaria

June 24, 2025
Independent power producer (IPP) Enery Development has formed a 50-50 joint venture (JV) with Romanian oil and gas producer OMV Petrom to build a 400MW solar PV plant in Bulgaria.
Chart of European power purchase agreements in the past 12 months

Europe registers lowest PPA capacity signed in May since 2020

June 23, 2025
The volume of power purchase agreements signed in May has registered a low of 280MW, according to Swiss consultancy Pexapark.
The Texas solar facility is slated to be commissioned in the second half of 2026. Image: Akuo Energy.

Akuo to build 195MW plant in Texas under PPA with Imerys

June 20, 2025
Akuo has signed a 15-year power purchase agreement (PPA) with Imerys to develop a solar power plant in Texas.
Image: Amazon.

Amazon to invest AU$20 billion in Australian data centres powered by solar PV

June 16, 2025
Amazon plans to invest AU$20 billion to expand Australia’s data centre infrastructure, with utility-scale solar PV plants set to power these.
Nahel Brihi speaks at the 2025 Renewables Procurement & Revenue Summit.
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More technologies, more trust: Changing PPA priorities in Europe

June 13, 2025
The European PPA space could see more tailored PPAs and hybrid deals, according to experts at the Renewables Procurement & Revenue summit.
'Negative capture prices are here to stay,' said Arhnue Tan, first left. Image: Solar Media

With ‘negative capture prices here to stay’, it’s time to rethink renewables

May 23, 2025
As European power markets consolidate and become more competitive, the increasing frequency of negative capture prices is challenging the viability of renewable energy projects.
Renewables Procurement & Revenue Summit 2025
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Renewable PPAs have become a clean energy ‘cornerstone’, but need further refinement in Europe

May 23, 2025
The PPA is a 'cornerstone' of the European renewables space, according to speakers at Solar Media's Renewables Procurement & Revenue Summit.

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