power purchase agreement

Indiana Michigan Power (I&M) – a state subsidiary of American Electric Power – has signed two agreements with EDF Renewables North America relating to 554MWdc worth of solar PV projects in Indiana.

US solar developer Swift Current Energy has started construction on its 800MWdc ‘Double Black Diamond’ solar PV project in central Illinois.

Power generated by the PV plant will be sold to Colombian energy trading firm Spectrum through a power purchase agreement.

Enel North America  and global food giant Nestlé have partnered on a Texas solar-plus-storage project with both an investment and a power purchase agreement (PPA) in place.

PV Tech spoke with Peter Dickson, partner at Glennmont Partners, one of Europe’s largest renewable energy investment managers, about PPAs, legislation and price capping. 

EDF Renewables North America has signed a 20-year power purchase agreement (PPA) with the Southern California Public Power Authority (SCPPA) for its 117MW solar PV project in Riverside County.

Japanese annual PV market size for 2022 is estimated to be 6.5GWDC, which is about the same volume as 2021.

The European Commission has proposed to reform the EU’s electricity market design in a move to accelerate the uptake of renewables.

Indian integrated power company Tata Power’s subsidiary Tata Power Renewable Energy has signed a power purchase agreement (PPA) for a 510MW hybrid project.

Spanish developer Grenergy has signed a 15-year power purchase agreement with chemical company LyondellBasell for a 259MW solar PV plant in Spain.