Statkraft has entered into a seven-year Power Purchase Agreement (PPA) with Luminous Energy for the 28.5MW Bracon Ash Solar Farm in Norfolk. The PPA is innovative, combining a Contract for Difference and a virtual Corporate PPA, ensuring fixed income and price stability. Statkraft’s Virtual Power Plant system will manage risks and optimize financial returns. The solar farm will produce enough energy to power approximately 9,500 homes.
Statkraft signs solar PPA with Luminous
Statkraft signs a seven-year solar PPA with Luminous Energy for a 28.5MW solar farm in Norfolk. (Photo Cource: Statkraft)
Over 780 MW built in New York highlights CS Energy’s success in completing 263 projects across 19 states. (Source: CS Energy)
Naperőmű Farm Kft, which planned trials for a 66 MWp solar plant in Ballószög, Hungary. (Image Credit/Source: BarneyElo/Pixabay)
The 312 MW solar projects span multiple Japanese regions and boost Nozomi Energy’s portfolio to 750 MW. (Image Source: Actis)
Emeren sold its 2.8 MW solar project in Maine to Altus Power, completing the transfer through sale and operation handover. (Image credit/Source: KindelMedia/Pexels)