New Ground: Spanish Firm Signs PPA for Crowdfunded Solar Plant

By [email protected] A Spanish firm has broken new ground in the complex world of solar contracting with what is thought to be Europe’s first large-scale power-purchase agreement for a crowdfunded plant.

Holaluz, a clean-energy retailer, signed up to take the output from up to 75 megawatts of solar capacity to be built over the next three years by Fundeen, a specialist renewables crowdfunding platform, in Spain and Portugal.

The move is significant in the evolving solar PPA landscape, because until now crowdfunded projects in these markets have only been able to take advantage of self-consumption or feed-in tariff payback models, said Holaluz’s PPA lead

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