Lightsource BP, Engie, Genex, Ratch and Acciona announced power purchase agreements (PPA) for projects in the US, Chile and Australia over the last two weeks. In Saudi Arabia, some renewable energy majors are competing for 25-year contracts in a tender. We start with the most recent stories.
-- Lightsource BP secures PPA for 132-MW DC solar project in Arkansas
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City-owned utility system operator Conway Corporation will be buying electricity from a 132-MW DC solar power plant that will be built by Lightsource BP in the state of Arkansas. Read more..
-- S Arabia selects bidders for 1.47 GW of solar capacity
Saudi Arabia has published a list of bidders that will compete for the installation of close to 1.5 GW of solar photovoltaic (PV) capacity across the Kingdom. The winners will be awarded 25-year PPAs. Read more..
-- Engie to supply renewable power to Antofagasta mining company
Chilean conglomerate Antofagasta Plc's (LON:ANTO) Centinela mining unit has signed a PPA with Engie Energia Chile SA to procure 100% renewable energy for its operations. Read more..
-- Genex signs new off-take deal for 250-MW K2 hydro storage project
Genex Power Ltd (ASX:GNX) has signed a revised off-take agreement with EnergyAustralia Pty Ltd for its 250-MW K2 pumped storage hydro project in Queensland. Read more..
-- Thai Ratch toasts to 2nd PPA for 227-MW Aussie wind farm
Thailand’s Ratch Group PCL (BKK:RATCH) has secured a second off-taker for the output of the 226.8-MW Collector wind farm it is building in New South Wales. Read more..
-- Acciona to build 1-GW-plus wind giant in Queensland
Spain's Acciona SA (BME:ANA) will build a 1,026-MW wind farm complex in the Australian state of Queensland and sell a portion of the output to CleanCo, the publicly-owned renewable electricity generation company of Queensland. Read more..
AND SOME STATISTICS
-- Europe’s cheapest solar, wind corp PPAs are in Spain, Sweden - BNEF
The lowest average prices for corporate PPAs in Europe can be found in Spain, while Sweden is the cheapest onshore wind market for corporate off-takers, BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price Survey has found. Read more..