Hybrid power purchase agreements from co-located projects, battery offtake agreements, and stand-alone PPAs are beginning to dominate the renewable energy market, according to Luca Pedretti, Co-Founder & COO of Pexapark. The power purchase agreement (PPA) market is going through a turbulent period. Two days ago, RE-Source Platform noted that the number of PPAs in Europe […]
The number of power purchase agreements in Europe decreased by 60% compared to the same period last year, while contracted capacity has dropped by 40%, according to RE-Source Platform. Europe’s power purchase agreement (PPA) market is facing headwinds in grid development, permitting and electrification and from negative electricity prices, RE-Source Platform warned. RE-Source Platform facilitates […]
The European Commission is collecting evidence to come up with solutions for unintended effects of the Carbon Border Adjustment Mechanism (CBAM) on renewable electricity in the Western Balkans, Director of the Energy Community Secretariat Artur Lorkowski pointed out in an interview with Balkan Green Energy News, as one of the most important developments in the […]
As part of efforts to ensure that all electricity consumed by Apple devices is matched with green energy, the United States–based tech giant is facilitating 650 MW of renewables projects across Europe, including through power purchase agreements (PPA). By 2030, wind and solar power plants in Spain, Greece, Italy, Latvia, Poland, and Romania are expected […]
Featuring a series of expert-led presentations and panel discussions, the second edition of the annual CEE Energy Conference, taking place in London on October 7, will explore the rapid evolution of the energy sector in Central and Southeast Europe. CEE Energy Conference 2025: From Generation to Stability – Accelerating the Energy Transition in CEE is […]
Steel pipe manufacturer Corinth Pipeworks has put into operation a 7.1 MW photovoltaic facility on its plant in the Thisvi Industrial Area. It is the largest industrial rooftop PV system in Greece, the company said. A steel pipe factory northwest of Athens will cover an estimated 25% of its electricity needs with its new solar […]
Aurora Energy Research expects strike prices at the additional renewable energy auction in Romania, for the remaining wind power quota, to land near the ceiling, set at EUR 80 per MWh. In the previous round, there was strong competition between the bidders for the photovoltaic segment, while developers of wind energy projects may have seen […]
Renewable energy firm Enery and Teva Pharmaceutical Industries have signed a 15-year hybrid power purchase agreement. Under a financial or virtual power purchase agreement (PPA), a future solar power plant with two battery energy storage systems (BESS) will supply 60,000 MWh of electricity annually to Teva’s two plants in Bulgaria. The landmark agreement is the […]
RES Croatia, together with SolarPower Europe and WindEurope, has sent a letter to the European Commission to raise concerns about the crisis in Croatia’s renewable energy sector. The three associations emphasized that for several years, 60 projects for investments in solar, wind, geothermal, and batteries have been blocked, and that if nothing is done, many […]
Luxembourg-based Zen Energy Group has started the installation of a hybrid energy project in North Macedonia, combining a solar power plant and a battery energy storage system. A solar power plant with a battery energy storage system (BESS) could become the country’s second hybrid power plant, with Fortis Energy installing energy storage near Oslomej solar […]