News

Laos’s Xekong 4 Power (XK4) and the Electricity Generating Authority of Thailand (EGAT) have inked a Power Purchase Agreement (PPA) for the Xekong 4A and 4B Hydroelectric Power Project.

Gulf Energy Development is continuing to expand its footprint in the solar energy sector. On Thursday, the company signed a 25-year power purchase agreement with the Electricity Generating Authority of Thailand (EGAT).

Water and sanitation company Manila Water has inked a 15-year solar power purchase agreement (PPA) with energy provider Ditrolic Energy Philippines.

Vietnam is pursuing electricity imports from neighboring countries in response to concerns about power shortage concerns for the near future. Vietnam Electricity (EVN) began the construction of the Monsoon - Thanh My 500kV transmission line project on Sep

Malaysia has awarded a PPA to German solar developer ib vogt to provide 30MW of electricity to Samsung SDI Energy Malaysia, a subsidiary of the South Korean tech giant that specializes in the production of batteries.

US retail giant Amazon has signed a power purchase agreement with Japanese conglomerate Itochu to purchase solar energy.

Edison Energy has published its latest report on the global renewables market, which indicates that the average price of PPA across Europe and the US has fallen from Q1 to Q2 of this year.

Beverage giants Britvic and Carlsberg both announced last week that they had entered into renewable power purchase agreements.

Solar PPA prices in North America have downed for the first time since Q1 2020 due to the rise in incorporating benefits of the Inflation Reduction Act and a stabilized solar supply chain.

SNCF Energie, a subsidiary of SNCF Voyageurs, and CNR have signed the largest PPA for wind power in France.