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PPA prices jump 30% in the UK, biggest increase in Europe
The UK saw some of the biggest increases in solar power purchase agreement (PPA) prices in Europe in Q4 2022, jumping 30%.
Articles tagged with: Ppas
Solar sector hits out at windfall tax that threatens investment needed for renewable energy targets
The solar sector has criticised the introduction of a windfall tax on electricity generators, which it has warned could have a ‘perverse’ impact on the sector.
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Using 5% of UK commercial rooftop space for solar could save £12.6 billion annually
PowerMarket have released the results of a study that indicates that if the UK used 5% of available UK commercial rooftop space for solar, it could lead to an estimated £12.6 billion per year in energy cost savings.
Bluefield acquires 47.5MW renewables portfolio from Good Energy
Bluefield Solar Income Fund has purchased the entirety of Good Energy’s 47.5MW generating portfolio for up to £24.5 million.
Feature
Q&A: Foresight Solar’s Ricardo Pineiro talks high power prices and supply chain challenges
Foresight Solar’s head of UK solar Ricardo Pineiro chatted with Solar Power Portal just before Christmas to reflect on the solar sector's growth over the past year, and the key trends that are continuing into 2022.
Co-op Power looks to double its solar and wind PPA position
Energy buying group Co-op Power is to double its number of power purchase agreements (PPAs), as it looks to expand its offering.
Utility Solar Summit: The flexibility of the post-subsidy market
On day two of Solar Media's Utility Solar Summit, discussions moved onto financing models for projects in a post-subsidy market, including the benefits of moving away from the strict deadlines that came with them.
Feature
‘We’ve got to be flexible’: Cubico’s Matt Boss on developing PV with a clear route to market in mind
Solar Power Portal caught up with Matt Boss, head of Northern Europe at Cubico Sustainable Investments, to discuss the need have a clear route to market from day one, the potential to bid into the CfD and the "huge demand" for corporate PPAs.
Sponsored Engenera realigns business as decarbonisation partner for all businesses
The renewable energy business is realigning its operations, and has also made two senior hires.
Octopus Renewables and Zestec set their sights on £100m solar portfolio in new partnership
Octopus Renewables has announced a new partnership with Zestec Asset Management to deliver more than £100 million of new build UK solar assets.
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Gresham House secures PPA for Leicestershire site through Zeigo
Gresham House has secured a Power Purchase Agreement (PPA) for a 4.3MW solar farm through renewable energy procurement platform Zeigo.
SMS launches solar and battery storage solution Solopower for social housing
SMS has launched a new solution to offer local housing authorities a fully financed solar generation and smart battery storage solution, entitled Solopower.
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Bluefield NAV remains strong at £476.7m through H2 2020
Bluefield Solar Income Fund has posted strong results for the six months ending 31 December 2020, with net asset value (NAV) growing to £476.7 million.
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City of London Corporation signs first of its kind £40m PPA for Dorset solar site
The City of London has signed a Power Purchase Agreement (PPA) with Voltalia for a 49MW solar farm in Dorset, in what it claims is a first of its kind deal in the UK.
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Q&A: Footprint Zero’s Harrow and Pertwee on solar and ‘Building Back Better’
The majority of businesses are keen to Build Back Better in the UK, with many looking to solar as a sustainable solution to help get there.
Q&A: Bluefield Development’s Jonathan Selwyn discusses routes to market for solar
Solar Power Portal sat down with Bluefield Development managing director Jonathan Selwyn to discuss his first priorities at the company, the routes to market open to solar and the impact of COVID-19.
Sponsored Q&A: Engenera’s Lloyd Lawson on the company’s new £100m Green Bond
Solar Power Portal caught up with Lloyd Lawson from EPC Engenera about the launch of the Green Bond and the benefits businesses could see from working with them.
PPAs help Bluefield Solar’s earnings to remain strong despite challenging 2020
Thanks to fixed power purchase agreements (PPAs) and strong irradiation throughout the last year, Bluefield Solar Income Fund’s underlying earnings continued to grow to record levels.
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STA partners techUK and RenewableUK to stimulate long-term PPAs
The Solar Trade Association (STA) has teamed up with techUK and Renewable UK to help encourage power purchase agreements (PPAs) to help stimulate the UK’s renewable generation.
City of London tendering for 55GWh of renewables annually
The City of London Corporation has put out a notice of procurement for up to 55GWh of renewable energy per year.
Brexit, price swings loom large over UK corporate PPA agenda
Renewable players may need to get creative to stop geopolitics and energy market volatility from stifling corporate uptake of clean energy, RE-Source UK event hears.
Corporate PPAs hailed as ‘22TWh opportunity’ for UK renewables
Policy and market signals could pave way for clean energy purchase boom led by solar PV but getting smaller corporates on board will be challenging, London event hears.
Lightsource BP poaches new finance director from General Electric
Lightsource BP has named Ricardo Folgado as its new structured finance director, poaching the experienced executive from General Electric.
Renewable PPAs surge despite ‘missed opportunity’, RE100 finds
Power purchase agreements between corporates and renewable electricity generators are surging in popularity throughout Europe, the RE100 has claimed.
Triodos banks on UK solar with £18 million double refinancing package
Triodos Bank has provided loans worth nearly £18 million to Spanish developer Gamma Solutions to refinance two solar farms in the UK.
Coca-Cola turns to solar PPAs to meet 100% renewables target
Coca-Cola European Partners (CCEP) is now sourcing all the power needed for its UK facilities from renewables, helped by a newly built solar farm.
Feature
Editor's blog
Pricing power
Corporate power purchase agreements (PPAs) are not a new feature of the UK solar market, but since the cuts enacted to the feed-in tariff last year they have risen to new prominence. David Pratt examines how these deals are made, and what benefits they offer to both sides.
Solar PPAs and the public sector
In his latest blog for Solar Power Portal, independent consultant and local authority expert Stephen Cirell discusses the recent announcement by Portsmouth City Council to roll out solar over the next four years using a series of PPA funded deals, and calls on other local authorities to follow suit.