Weekly round-up of renewable energy PPA news (July 23-29)

Wind turbines in UK. Author: .Martin. License: Creative Commons. Attribution-NoDerivs 2.0 Generic

July 30 (Renewables Now) - This week’s list of power purchase agreement (PPA) announcements also includes updates on a 400-MW wind tender in Saudi Arabia and the next  Contracts for Difference (CfD) auctions in the UK. See a short summary below.

-- Saudi auction for 400 MW of wind attracts 4 bids

The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s energy ministry has received four bids as part of its 400-MW wind power auction, one of which as low as SAR 79.97 (USD 21/EUR 18) per MWh. The project is expected to be awarded in December. The winner will get a 20-year PPA with the Saudi Power Procurement Company (SPPC).

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-- UK to hold next CfD round by May 2019

The UK government announced plans to hold CfD auctions for offshore wind and other "less established" technologies every two years and said the first one is expected to take place by May 2019.

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-- EDPR secures PPAs tied to 125-MW US wind project

EDP Renovaveis SA (ELI:EDPR) on Tuesday said it signed two PPAs to sell energy from its 125-MW Timber Road IV wind project in the US state of Ohio.

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-- Cleantech Solar to install rooftop PV array for GF Singapore

Cleantech Solar will deploy a 4.5-MWp on-site rooftop solar power system in Singapore for US semiconductor manufacturer GlobalFoundries (GF) and will sell the power to the latter via a long-term PPA.

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-- Argentina signs 141 MW of RenovAr round 2 contracts

Argentina has signed eight contracts with winners of the RenovAr 2 renewable energy auction for a combined capacity of a little over 141 MW. The list includes wind, solar and bioenergy power plants.

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-- Iberdrola inks solar PPA with Spanish lender Kutxabank

Spanish power utility Iberdrola SA (BME:IBE) announced Friday it has struck a long-term PPA to supply renewable power to banking group Kutxabank.

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Browse all articles from Tsvetomira Tsanova

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

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