•  
  •  
  •  

Weekly round-up of renewable energy PPA news (July 2-8)

Wind turbines in Norway. Author: Ole Husby.

July 9 (Renewables Now) - In the past week Renewables Now covered a number of stories about new power purchase agreements (PPAs), tenders awarding such, and also about Greece's first renewable energy auction, which awarded contracts for difference (CfDs). See below a short summary.

-- Engie agrees financing, PPA for 208-MW Norwegian wind project

French electric utility Engie SA (EPA:ENGI) announced financing agreements and a 25-year offtake deal for a 208-MW wind project in Norway. It said Hydro Energi, a unit of Norwegian aluminium producer Norsk Hydro ASA, will be buying the output between 2020 and 2045.

Read more..

-- Greece awards 277 MW in inaugural renewables tender

Greece completed on July 2 its first renewable energy auction, awarding about 277 MW of capacity to solar and wind power plants. Read more..

EDP Renovaveis SA (ELI:EDPR) said it has been awarded a 20-year Contract-for-Difference (CfD) for a 45-MW wind project, while Spain’s Iberdrola SA (BME:IBE) secured a 16-MW wind farm.

Read about EDPR here and about Iberdrola here.

-- EDPR strikes US PPAs for 405 MW of wind power

EDP Renovaveis SA (ELI:EDPR) has signed four 15-year PPAs tied to 405 MW of wind energy generating capacity in the US. It will supply power to unnamed companies of the commercial and industrial (C&I) sector from parks located in Illinois and Indiana.

Read more..

-- Azure Power confirms 600 MW win in Indian solar auction

Indian solar developer Azure Power (NYSE:AZRE) confirmed it has secured 600 MW in a 2-GW solar auction by Solar Energy Corporation of India (SECI). The company expects to sign a 25-year PPA to sell power at INR 2.53 per kWh.

Read more..

-- Fortum, Tata win 250 MW each in Karnataka solar tender

Finnish utility Fortum Oyj (HEL:FORTUM) and India’s Tata Power Renewable Energy Ltd have won 250 MW each in a solar tender held by the Karnataka Renewable Energy Development Ltd (KREDL). The PPAs are expected to be signed within a month.

Read more..

-- Monash University joins power buyers for 226-MW Australian wind farm

Australia's Monash University has signed a long-term PPA for part of the 226-MW first stage of the Murra Warra wind farm in Victoria.

Read more..

-- Odisha’s solar tender over 4 times oversubscribed - report

The 200-MW solar tender of The Grid Corporation of Odisha (GRIDCO) was heavily oversubscribed, attracting 845 МW of proposals, the Business Standard reports. It will award 25-year PPAs.

Read more..

More stories to explore
Share this story
Tags
About the author
Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for seven years now. She's got a soft spot for emerging markets.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription