Innovative power purchase agreement structures enable solar asset owners to boost returns and leverage their positions while providing offtakers with the opportunity to protect against increasing electricity prices and enhance their decarbonisation efforts.
Avangrid – the US subsidiary of Spanish utility Iberdrola – has signed a power purchase agreement (PPA) with social media giant Meta for power produced at its True North solar PV project in Falls County, Texas.
With just 2GW of solar installed at the end of 2019, Poland has seen a meteoric rise towards becoming the third largest solar PV market in Europe in terms of installations.