Long-term BESS offtake and PPA deals are clearly on the rise in Europe, but how are they evolving vi-a-vis structures, tenors and regional differences?
Copenhagen Infrastructure Partners (CIP) has acquired full ownership of the 1GWh Beehive battery energy storage system (BESS) in Arizona, US, from EDF Renewables North America.
A double-header of Poland grid-scale BESS news, with GoldenPeaks Capital entering the market with a two-project acquisition, and R.Power securing a PPA for a solar-and-storage project.
Spanish energy firm Zelestra and Portuguese utility EDP have signed what they call the “first” solar-plus-storage power purchase agreement (PPA) in the Spanish renewables market.
California community choice aggregator Ava Community Energy’s new BESS offtake agreements with EDP Renewables incorporate measures to share policy risks.
Publicly owned California utility Sacramento Municipal Utility District (SMUD) and developer D. E. Shaw Renewable Investments (DESRI) have executed a long-term power purchase agreement (PPA) for a 640MWh battery energy storage system (BESS) in California.