Clifford Chance
Key developments in clean energy: Part 1: Repowering renewable power projects
23 June 2020
The repowering of existing renewable energy projects, by replacing, refurbishing or updating existing generation technology with fresh investment to extend project life and increase project capacity and efficiency, is becoming a reality rather than a distant future prospect.
The combination of significant advances in turbine and PV panel technologies, competition for access to good sites and the aging of existing solar and wind projects means that repowering is already an important feature of jurisdictions like Italy and Spain. It will inevitably become an increasingly important feature of other markets too.
This briefing explains what factors are likely to drive the benefits of repowering and some of the key issues that it gives rise to.
