RE-Source SEE 2024 is coming – Save the Date & Explore the Sponsorship Opportunities

RE-Source Southeast, the largest event dedicated to corporate renewable energy sourcing in Southeast Europe, will be held for the 4th time in Sofia. Save the dates 15-16 May 2024! As in the previous editions, useful information will be presented about the latest trends in power purchase agreements (PPAs), electricity trading, regional market updates, ESG strategies […]

Another 10-year green energy PPA signed in Bulgaria

A new long-term power purchase agreement (PPA) has been signed between Electrohold Trade and one of the leading supermarket chains – BILLA Bulgaria. The agreement is for the supply of electricity generated by a photovoltaic plant at a fixed price and for a period of 10 years. “The transition to green energy is our long-term […]

1st PPA signed also in Slovenia

The 1st of its kind Power Purchase Agreement (PPA) has been concluded in Slovenia between Axpo Holding, the Swiss renewable energy producer and trader, and Kolektor industrial group. The financial corporate PPA is for 10 years, during which up to 200 GWh will be supplied by local renewable energy producers at a long-term fixed price. […]

First 12-year PPA for Green Energy in Bulgaria between Enery and KCM AD

On June 26, 2023 KCM AD, the leading producer of lead and zinc in Southeastern Europe, has signed a power purchase agreement (PPA) with Enery, a renewable energy developer, for a period of 12 years starting from 2024. KCM AD is an energy-intensive company with an annual electricity consumption of nearly 400 GWh of base […]

Poland’s largest convenience store chain goes green with 65MW PPA

Poland’s largest convenience store chain, Zabka Polska sp zoo, has signed a virtual power purchase agreement (PPA) for green energy with renewable energy investor Modus Asset Management. The agreed electricity will be supplied by several solar power plants with a total capacity of 65 MW over 10 years. The Zabka store chain will receive 50 […]

French region promotes PPAs through new solar projects

Nouvelle-Aquitaine, the largest administrative region in France, has launched a call for new solar projects to encourage access to power purchase agreements (PPAs) for companies. The recently launched call for projects is expected to promote affordable local energy supply for industrial companies in the region, especially in the form of new solar plants. Companies will […]

10-year green energy PPA signed between Yettel/CETIN Bulgaria and Electrohold

Yettel and CETIN Bulgaria signed a 10-year power purchase agreement (PPA) for the supply of electricity from renewable sources with Electrohold. A major part of the two companies’ consumption will be supplied by a 123 MW photovoltaic plant to be completed in the spring of 2023. The deal is the first major step in the […]

Exploring the options for SEE industrials to procure renewable energy

The year 2022 may mark its place in history as the year in which energy transition investments reached parity with capital deployed in support of fossil fuel supply. According to data compiled by BloombergNEF, the huge acceleration of 31% year-on -year came mainly on the back of faster deployment of clean energy technologies, in turn […]

Mytilineos signs offtake deal for 63 MW of Italian solar with Statkraft

Greek industrial group Mytilineos has signed a power purchase agreement (PPA) for the generation of 63 MW of solar farms it is building in Italy with Norwegian energy group Statkraft, the companies said today. Nikos Papapetrou, executive director of Mytilineos’ M Renewables, described Statkraft as one of the leading PPA offtakers in Europe and added […]

Henkel in Germany will use solar energy from Spain’s Ignis

German chemical and consumer goods company Henkel AG & Co has signed a virtual power purchase agreement (VPPA) with Spain’s Ignis. The agreement is for 10 years, and the electricity will come from two new solar plants in Spain, which are planned to be commissioned in the summer of 2024. The electricity produced by them […]