Swiss energy company CKW says its new tariff, which will calculate prices according to kilowatts, rather than just kilowatt-hours, will incentivize more targeted use of solar power during the day.
The rising popularity of “baseload” power purchase agreements (PPAs) has posed questions to solar electricity suppliers in the German market. How can projects that do not generate at night, and with wide seasonal output variation, effectively supply constant power to consumers? More importantly, who shoulders the price risk?
The Chinese-Canadian company has secured the signature of Swiss energy business Axpo as offtaker for around 109GWh of solar electricity over a decade, with the clean power to be produced at Canadian Solar projects in Lazio and Sicily.
Re-Source 2021 took place in Amsterdam at the end of last week, and pv magazine was there to cover the event where the suppliers and sellers of renewable power purchase agreements (PPAs) meet the (largely corporate) buyers, though encouraging PPA uptake among small and medium-sized enterprises (SMEs) was among the major talking points, including ‘additionality’, de-risking renewable PPAs and 24/7 matching.
Two PV farms planned in Sicily by Canadian Solar, with a total 12 MWp generation capacity, will sell the electricity they produce to Axpo Italia under a ten-year PPA at a fixed rate which the Chinese-Canadian company did not reveal.
The Swiss energy group takes on the operation of a 1.25 MW battery storage system owned by Rhiinenergie AG. The storage facility will provide grid balancing services for the country’s grid operator.
The monocrystalline facility, planned near the town of Pâ by Swiss-owned developer Urbasolar following a tender, will help the government towards its target of reaching 200 MW of solar capacity this year.
Swiss energy company Axpo will supply electricity to a supermarket chain from a 2.2 MW solar plant under a 20-year power purchase agreement. The facility is being deployed at the Muttsee dam, at an altitude of almost 2,500 meters above sea level.
Solaria secured a ten-year deal to supply solar power from a 150 MW of generation capacity this week and a Sino-Israeli consortium signed a deal to supply energy from 50 MW of capacity over the same term.
The Swiss utility will sell the ancillary services offered to energy network operator Fingrid by the 30 MW/30 MWh lithium-ion Yllikkälä Power Reserve One battery provided by French renewables company Neoen.
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