Power Purchase Agreement
Southeastern Europe has major role in Masdar’s 100 GW target
08 October 2024 - The acquisition of Terna Energy will facilitate Masdar’s growth in the CEE region and beyond, Business Development and Investment Director Ahmed Al Awadi said
Rezolv signs VPPA for Vifor wind power project in Romania
27 September 2024 - Rezolv Energy signed the sixth virtual power purchase agreement (VPPA) for its Vifor wind power project in Romania's east
Serbia introducing active buyers, PPAs – decarbonization tools for businesses to prepare for CBAM
24 September 2024 - The novelties of the draft law were presented at the conference Businesses on the Road to Green Transition, organized by AmCham
Masdar, Taaleri reach financial close on Čibuk 2 wind farm in Serbia, sign CfD
24 September 2024 - Masdar and Taaleri SolarWind III Fund reached the financial close for the Čibuk 2 wind power plant in Serbia. UniCredit and Erste provide project financing.
Limak commissions part of Turkey’s second-largest solar power plant
10 September 2024 - Limak Renewable Energy has begun to generate electricity from 60 MW out of its Erzin-1 solar power plant of 140 MW in peak capacity
Greece’s PPC doubles portfolio in Romania with acquisition
06 August 2024 - PPC is taking over an operational renewables and battery portfolio of 629 MW in Romania from funds run by Macquarie Asset Management
Romania approves CfD scheme for auctioning 5 GW of wind, solar capacity
06 August 2024 - Romania approved the contract-for-difference subsidy mechanism for wind and solar power projects that win the support at upcoming tenders
Trafigura’s JV starting construction of 99 MW wind park in Romania
05 August 2024 - Nala Renewables, Trafigura's subsidiary with IFM Investors, took over a ready-to-build wind power project in eastern Romania of 99.2 MW
Albania declares eight winners at 300 MW solar power auction
10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh
Montenegro to launch renewables auctions in early 2025 – ministry
04 June 2024 - The Ministry of Energy and Energy is preparing four bills for the electricity sector to fully harmonize the regulatory framework with the EU
Kosovo* signs three agreements for 105 MW solar project
03 June 2024 - Minister of Economy Artane Rizvanolli signed an agreement with Lindja Solar on the winning solar power project from the first auction
EU’s key energy market reforms coming into force
22 May 2024 - The EU enacted electricity and gas market reforms and a framework to boost the development of hydrogen and other decarbonized gases
Woodburn Capital Partners inks PPA with automotive company Magna
20 May 2024 - Automotive company Magna has signed its first ever power purchase agreement (PPA), with Woodburn Capital Partners
Banks in Serbia receiving lot of requests for grid connection guarantees
17 May 2024 - Banks in Serbia are receiving numerous requests for guarantees for renewables requiring grid connection and most investors have firm collateral instruments, according to speakers at Belgrade Energy Forum
Microsoft signs biggest-ever corporate PPA for green energy
06 May 2024 - The deal between Microsoft and Brookfield is almost eight times as big as the largest single corporate power purchase agreement ever signed
UK-based Lightsource bp to build Europe’s second-biggest solar park in Greece
29 April 2024 - British solar energy developer Lightsource bp is launching works on a 560 MW photovoltaic park in Greece, in a EUR 395 million investment