ppa

Foresight Group-backed developer NZ Clean Energy (NZCE) and Fonterra have signed a long-term virtual power purchase agreement (PPA) under which the dairy cooperative will purchase electricity generated by NZCE's Darfield solar-plus-storage project in Canterbury.

Brookfield and Mitsubishi HC Capital have formed a JV anchored by a 570MW European portfolio valued at approximately US$462 million.

EDF power solutions North America has signed a 30-year PPA to sell power generated at the 400MW Utah Solar 1 Energy project to the LADWP.

A new report from Greenpeace Australia has warned that the rapid expansion of AI data centres across Australia is set to slow the country's renewable energy transition rather than accelerate it.

German developer Blue Elephant Energy has begun constructing a 268MW solar PV plant in Germany. Power from the project will be bought by Germany train operator, Deutsche Bahn.

On Site Energy's Martin Gaffney said 'We’ve seen PPAs as low as four years,' during this year’s Renewables Procurement & Revenue summit.

A panel at the Renewable Procurement and Revenue Summit in London discussed the benefits of the procurement structure.

Panellists addressed the challenges associated with signing a PPA, given the differences in priorities between the parties involved.

Price is the main barrier to PPAs being transacted in the UK market today, a panel at the Renewable Procurement and Revenue Summit said.

Naqaa Sustainable Energy has signed a power purchase agreement (PPA) for a 2.7GW hybrid renewable energy project in Mahout and Duqm, Oman.