US renewable energy developer Greenvolt Power Actualize has signed three power purchase agreements (PPAs) with a total capacity of 97MWdc with a major US utility.
A recent report covered by PV Tech suggested that solar power purchase agreement (PPA) prices in North America have dropped for the first time since the first quarter of 2020, but this could hardly be a long term trend as multiple challenges will prevent the prices from falling.
Florida-headquartered NextEra Energy has signed a renewable product purchase agreement (RPPA) with chemical manufacturing company Ingevity Corporation, offering 85MW of capacity at a new solar site in Texas.
Greek renewables firm PPC and international energy company RWE have taken final investment decision to develop, through their joint venture Meton Energy, 280MW of solar capacity in Greece.
Arizona utility Salt River Project (SRP) has secured a power purchase agreement (PPA) for an additional 475MWdc or 394MWac from utility-scale solar power plant operator Clēnera.
Independent power producer (IPP) BrightNight has partnered with automaker Rivian and environmental nonprofit The Nature Conservancy to develop an 800MW solar PV project on a former coal mine in Kentucky, US.
Solar power purchase agreement prices in Q2 2023 in North America have dropped for the first time since Q1 2020 thanks to the increase in incorporating benefits of the Inflation Reduction Act and a stabilised solar supply chain.
