Renova Signs Virtual Power Purchase Agreement for 18 MW Solar Capacity

Japanese renewable power producer Renova has entered into a virtual power purchase agreement (VPPA) with an undisclosed domestic consumer, focused on the environmental value from upcoming solar plants totaling 18 MW in capacity. The 20-year agreement, facilitated through Renova's wholly owned subsidiary Second Solar Power GK, will provide the client with non-feed-in-tariff (FiT) non-fossil certificates