The renewable energy is going through a fundamental transition. In the absence of government support, a private PPA market has emerged to underpin the development of new projects.
Financial and physical offtake structures are being developed with corporates, traders, utilities and other entities, allowing the continued access to a plentiful pot of equity and debt that has helped finance gigawatts of new capacity for well over a decade.
But where next for this fast-changing market? For one, the pool of creditworthy offtakers is finite, so aggregation plays will be necessary to open up the smaller end of the market. Meanwhile, many investors are also still grappling with the concept of merchant risk, which some see as a necessary element of deals going forward.
To explore the changing landscape, analyse the latest transactions and trends and network with the industry’s leading investors, developers, consultants and advisers, reserve your place at inspiratia's Subsidy-free Renewables Conference now.