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November 1 (Renewables Now) - The second half of October brought a large number of power purchase agreement (PPA) announcements mainly from the US and Europe. This summary of PPA stories, starting with the most recent ones, as usual also includes updates on tenders awarding long-term contracts.
-- Recurrent Energy inks PPAs for 150-MW solar-plus-storage plant
Recurrent Energy, a wholly-owned unit of Canadian Solar Inc (NASDAQ:CSIQ), unveiled two deals to supply power from its 150-MW Slate solar park in California. The two separate 15-year PPAs have been signed with local community-owned electricity agencies Silicon Valley Clean Energy and Monterey Bay Community Power.
-- Kazakhstan contracts 858 MW of renewables in 2018 auctions
Kazakhstan has awarded 857.93 MW of green power supply contracts through tenders held this year, JSC Kazakhstan Electricity and Power Market Operator (KOREM) announced.
-- Cinemark, AEP strike 40-MW wind PPA in Texas
US movie theatre chain Cinemark USA Inc on Monday said it has inked a virtual PPA for up to 40 MW of AEP Energy Partners’ Trent Mesa wind farm in Texas.
-- Dominion calls bids for 500 MW of solar, wind in Virginia
Dominion Energy Inc (NYSE:D) launched a solicitation that seeks to contract up to 500 MW wind and solar in Virginia under a plan to add 3 GW of renewables capacity in the state.
-- Potentia Renewables wins SaskPower tender for 200-MW wind farm in Canada
Canadian developer Potentia Renewables Inc has won a PPA or the output of a 200-MW wind farm in the Canadian province of Saskatchewan.
-- Greece to hold next renewables tender on Dec 10
Greece will hold its next renewable energy tender on December 10, targeting 194 MW of solar and 129 MW of wind power.
-- SunPower to install 23 MW of solar arrays in Illinois for Walmart
SunPower Corp (NASDAQ:SPWR) will install solar power generating systems totalling 23 MW for US retailer Walmart Inc (NYSE:WMT) at 19 of its stores and two distribution centres in Illinois. It will arrange a PPA for Walmart, which will be buying electricity at competitive prices and hedge against future utility rate increases with no upfront capital costs.
-- Engie, Nestle strike wind PPA in Texas
Engie Resources LLC, part of French energy group Engie SA (EPA:ENGI), will supply wind power for more than half of the electricity demand of Nestle Waters North America’s (NWNA) sites in Texas.
-- Argentina signs 300 MW of RenovAr solar power contracts
Argentina has signed contracts with three 100-MW solar power projects that were selected in round 2 of the RenovAr renewable energy auction programme.
-- Hevel and Shell among winners in Kazakh solar auction
Three companies, including units of Royal Dutch Shell Plc (AMS:RDSA) and Russian group Hevel, have won a total of 170 MW in a solar auction in Kazakhstan.
-- German wind tender fails to attract much interest, solar is oversubscribed
Two separate tenders for wind and solar capacity in Germany, both with a bid date of October 1, resulted in 555 MW of awards and showed that investor interest remains skewed towards solar energy.
-- RES auctions in Poland ready to take off
Two rounds of auctions for renewable energy sources (RES) in Poland in October and November are expected to contract close to two gigawatts of wind and solar capacity.
-- Dutch transport group GVB to get renewable power from Vattenfall
GVB, the public transport operator for Amsterdam, will run its trams and metros on renewable power supplied by energy company Vattenfall, formerly known as Nuon in the Netherlands, over the next 10 years.
-- Iron Mountain inks 145-MW wind PPA with NextEra
US storage and information management services provider Iron Mountain Inc (NYSE:IRM) said on Wednesday it will buy 145 MW of wind power from an affiliate of NextEra Energy Resources.
-- EDPR unveils 233 MW of wind PPAs with Walmart in US
EDP Renovaveis SA (ELI:EDPR) has signed with US retailer Walmart Inc (NYSE:WMT) three PPAs for 233 MW of wind projects in the US.
-- NV Energy seeks bids for 350 MW of renewables projects
Nevada utility NV Energy Inc has issued a request for proposals (RfP), seeking bids for 350 MW or more of renewable energy projects.
-- Genesis, Tilt close to 100-MW wind PPA in New Zealand
New Zealand utility Genesis Energy (NZE:GNE) is to buy electricity from a 100-MW wind project in New Zealand, developed by Australasian power producer Tilt Renewables Ltd (NZE:TLT), the parties said Wednesday. The partners have agreed terms of a long-term PPA.
-- Tunisia extends 130-MW wind tender deadline
The parties looking to bid in a 130-MW wind power tender in Tunisia will have time until December 18 to submit their applications.
Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CEST
Black Hills to add more turbines to 40-MW wind project in Wyoming
Dec 06, 2019 14:16 CEST
Eni, Tunisian SNDP to cultivate castor for sustainable biofuels
Dec 06, 2019 13:40 CEST
Centrotherm frees funds for product development with unit sale
Dec 06, 2019 12:29 CEST
US Judge prevents exclusion of bifacial PVs from list of import duty exemptions
Dec 06, 2019 11:30 CEST
PNE's services unit takes over Rope Access Solutions
Dec 06, 2019 10:38 CEST
