en.Wedoany.com Reported - Recently, European independent renewable energy producer Nadara announced the signing of a 10-year hybrid Power Purchase Agreement (PPA) in Spain with commodity trader Trafigura, with a total capacity of 434 MW. Nadara, formed through the merger of Ventient Energy and Renantis and owned by J.P. Morgan Asset Management, stated that this agreement is the largest PPA in its history. The 434 MW of renewable energy capacity will come from 11 wind and solar assets located in Spain, though Nadara did not disclose further project details or the agreement's effective date.

Meanwhile, Spanish independent power producer Grenergy has signed a long-term PPA in the US state of Georgia. Grenergy reached an agreement with Georgia Power to sell electricity and renewable energy certificates over a 20-year period as part of the 2023 "Clean and Renewable Energy Subscription" program. The contracted capacity will cover 100% of the generation from Grenergy's Beaver Creek hybrid project, which has an estimated annual generation of approximately 400 GWh. The hybrid project, located in Baldwin County, Georgia, plans for 229 MW of solar capacity and 183 MWh of battery energy storage system. The operation of the battery market will be managed by Georgia Power. The project is expected to reach commercial operation in the third quarter of 2028, with the PPA taking effect from May 2029. Grenergy entered the US market in 2022, with its operational headquarters based in Birmingham, Alabama. The company's current portfolio in the US includes 1.2 GW of solar capacity, 1.7 GWh of hybrid projects, and 2.3 GWh of standalone energy storage projects. According to the company's website, Grenergy has already completed two standalone energy storage facilities in Texas: Stadium (25 MWh) and La Feria (25 MWh), with several other projects under construction.

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