PPA

AGL Energy has been forced to write down a series of PPAs with windfarms it developed and sold between 2006 and 2012, as wholesale prices continue to fall.

Despite a sharp fall in energy demand and power prices earlier this year, PPA activity has remained strong. But another record year is no slam dunk.

Partners Group’s Andrew Kwok cautions that growth in PPAs presents new risks to investors at the same time as supporting project investment cases.

Panellists say financing renewable projects is becoming more difficult due to slowing economic growth in the country.

Should Andhra Pradesh - a state at the forefront of the renewables sector in the country - succeed in slashing tariffs, projects with a capacity of more than 2.5GW are at risk of defaulting.

The state of Andhra Pradesh is expected to fail in its attempt to renegotiate PPAs, but market sources fear a drawn-out court battle could still prove damaging.

In 2018, the volume of corporate PPAs more than doubled compared with 2017. With strong demand and many investors chasing the same buyers, what at the risks involved for all parties?

In 2018, the volume of corporate PPAs more than doubled compared with 2017. With strong demand and many investors chasing the same buyers, we look at the risks involved for all parties.

Ashwin West, investment director, African Infrastructure Investment Managers, tells us what it took to get Mali’s first independent power project to cross the finish line.