Shell Energy Europe has agreed a five-year fixed price power purchase agreement (PPA) with Octopus that will be completed in early 2019. In the deal, which covers six of 10 projects overall, the Italy company will provide power from its 70.5 MW portfolio of unsubsidised Italian solar assets. A Guarantees of Origin label will also be included to show customers information on where their energy was generated. Shell said it was pleased to be expanding its presence in the valuable Italian market while adding to its increasing renewable power portfolio.
Shell Energy Europe has agreed a five-year fixed price power purchase agreement (PPA) with Octopus that will be completed in early 2019. In the deal, which covers six of 10 projects overall, the UK company will provide power from its 70.5 MW portfolio of unsubsidised Italian solar assets. A Guarantees of Origin label will also be included to show customers information on where their energy was generated. Shell said it was pleased to be expanding its presence in the valuable Italian market while adding to its increasing renewable power portfolio.