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.
The City of London Corporation has put out a notice of procurement for up to 55GWh of renewable energy per year.
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.
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 has named Ricardo Folgado as its new structured finance director, poaching the experienced executive from General Electric.
Power purchase agreements between corporates and renewable electricity generators are surging in popularity throughout Europe, the RE100 has claimed.
Triodos Bank has provided loans worth nearly £18 million to Spanish developer Gamma Solutions to refinance two solar farms in the UK.
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.
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.
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.