Skip to content

Corporate PPAs hit record high in 2023, says BloombergNEF

BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.

1

European consortium aims to deploy 150 MW of offshore PV in North Sea

Dutch offshore solar company Oceans of Energy is leading a project to scale up offshore solar blocks. Backed by 15 European partners, it is expected that the 150 MW building blocks will set a new standard in offshore energy and allow the construction of gigawatt-scale offshore solar farms.

AirTrunk, ib vogt sign virtual PPA for 29.9 MW of solar in Malaysia

Data center specialist AirTrunk has signed a virtual power purchase agreement (VPPA) under which it will procure energy from a 29.99 MW solar farm that ib vogt is now developing. Construction on the project is set to begin later this year.

1

Sekisui Chemical to open solar module factory in Slovakia

Denisa Sakova, Slovakia’s Deputy Prime Minister and Minster of Economy, has signed an agreement with Japanese plastics manufacturer Sekisui Chemical, which is developing flexible photovoltaic panels. Sakova says the aim is to explore the possibility of producing the panels in Slovakia.

2

Ireland’s ESB opens 75 MW/150 MWh battery plant

ESB has opened a 75 MW/150 MWh battery plant, touted as the largest of its kind in commercial operation in Ireland. Eamon Ryan, the country’s Minister for the Environment, Climate and Communications, has said that the site will be a core part of Ireland’s renewable energy transition.

3

End of load shedding ‘finally within reach,’ says South African president

South African President Cyril Ramaphosa says the country has overcome the worst of its power shortages due to tax incentives, investment, the expansion of rooftop solar capacity, and the construction of new transmission lines, despite additional recent power cuts by utility Eskom.

1

Powin, Galp to install 5 MW/20 MWh of battery storage in Portugal

Galp, a Portuguese energy company, has announced plans to build a 5 MW/20 MWh battery storage system in Portugal, in collaboration with Powin. The system at one of Galp’s solar plants will enable it to adjust its PV production profile and meet its energy requirements. This project marks Powin’s first venture in Europe.

RWE to build solar farm in Greece, battery storage in Netherlands

RWE and PPC have announced the final investment decision for the construction of a 450 MWp solar plant in Greece through their joint venture, Meton Energy S.A. RWE has also shared the details of a 35 MW/41 MWh battery storage project – its first utility-scale storage facility in the Netherlands.

1

DNV validates Solcast’s satellite irradiance data as bankable

Energy consultancy DNV has published a data validation and methodology review of solar irradiance data provider Solcast, a company it acquired early last year. The review found that the forecasting specialist’s figures are “at or above industry standards.”

Veolia to roll out 300 MW of solar on landfills in France

Veolia plans to develop more than 40 solar projects on restored landfill sites in France amid dire shortage of suitable land for renewables development. The company expects the first plants to be operational by 2027.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close