Trina Solar will supply Aquila with 800 MW solar modules; Akuo Energy has started building one of the largest solar plants in Portugal; Alstom to receive 160 GWh solar annually in Spain with help from Siemens; Britvic will procure solar power from Atrato Onsite Energy from PV plant in UK; Volkswagen's BESS start-up Elli has started trading on the German electricity market.
Trina's 800 MW module deal: China's Trina Solar will supply 800 MW of its solar modules for deployment in Aquila Clean Energy's portfolio in Southern Europe. Aquila Group's European clean energy development platform Aquila Clean Energy EMEA plans for the projects to be developed in 2023 and 2024. Trina said the duo may expand the volume contracted or also extend the collaboration to its batteries and the TrinaPro solution including trackers by Trina Tracker. The cooperation may also be expanded to other markets in the future. Aquila Clean Energy EMEA's wind, soalr and battery storage portfolio stands at around 10.3 GW currently.
180 MW solar plant in Portugal: France's Akuo Energy has started constructing a 180 MW solar power plant that it says will become one of the largest PV projects in Portugal on completion. To be built with 336,448 solar panels, the Santas Solar Plant will be located in Montforte and Borba municipalities. Commercial operations are scheduled to start in Q1/2024 according to EPC partners Gensun, Siemens Energy, and Painhas. For Akuo, the Portuguese renewable energy market is a strong one especially after the country revised its national energy goals to reach 42.8 GW renewables capacity in 2030, comprising 20.4 GW solar from 2 GW PV capacity now (see Portugal Tweaks Renewable Energy Targets).
Alstom's solar PPA: Spanish transport company Alstom has announced a power purchase agreement (PPA) for 160 GWh/year in Spain. Power will be delivered from a solar project in Andalusia that will approximately cover Alstom's 80% of European electricity consumption. The 10-year contract will kick into force in 2025 when the project starts commercial operations. Schneider Electric supported Alstom to identify, negotiate and procure the Spanish solar project.
Britvic to source solar power: British softdrinks maker Britvic has signed a 10-year PPA with Atrato Onsite Energy for 33.3 GWh annual solar power supply from the latter's 28 MW solar plant in Northamptonshire. Electricity supply from the project will be enough to power 75% of Britvic's current operations in Great Britain including its Beckton and Leeds factories where it manufactures brands as Tango, Pepsi and Robinsons, the company stated.
Elli trading on EPEX Spot: Volkswagen says its Elli brand has become the 1st automotive company to start trading on the German electricity market of Europe's largest power exchange EPEX Spot. It explained that a stationary storage system, created by Elli, using 34 e-up! cell modules and 28 battery systems will store electricity traded on the market. Bids can be automatically placed on the stock exchange via a new intelligent platform. Trading results are translated into a timetable and battery is automatically charged or discharged. "Electricity is purchased during periods of low prices (with a tendency towards a high share of renewables) and sold during periods of high prices (with a tendency towards a low share of renewables)," explained Volkswagen. "As a result, not only can trading revenues be generated, but a better use of renewable energies can also be achieved."
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