Renewable energy

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Last week, Kimberly-Clark signed a power purchase agreement with Octopus Renewables Infrastructure Trust that will lead to the construction of a wind farm in Scotland that will power 80% of the company’s UK electricity needs.

The new EEG amendments are intended to help Germany increase renewable electricity capacity from 50% of total production now to 65% by 2030.

In less volatile market conditions, renewable energy sellers could afford a more relaxed attitude toward off-taker credit. But in the post-Covid, post-subsidy environment, certainty around credit is now key to ensuring that PPAs don’t end up costing more than the seller bargained for.