Hybridisation of batteries and renewable energy not only improves the technical efficiency of projects but also provides significant advantages in the PPA field, both for producers and buyers. With this growing trend, the future of energy storage and management is shaping up to be one of the most strategic pillars for decarbonising the European energy … Continue reading Impact of hybridisation of renewable energy and batteries on the energy transition and PPA
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Mainstream Renewable Power reaches financial close on 50 MW solar photovoltaic (PV) plant to provide new flexible PPAs to private customers in South Africa
Mainstream Renewable Power (“Mainstream”), the pureplay global wind and solar company, has reached financial close on its 50 MW Ilikwa solar PV plant. The power from the plant will supply multiple private commercial and industrial customers under flexible, shorter-term Power Purchase Agreements (PPAs) in a new-to-market product called Renewable Energy Supply Agreements (“RESAs”). This new … Continue reading Mainstream Renewable Power reaches financial close on 50 MW solar photovoltaic (PV) plant to provide new flexible PPAs to private customers in South Africa
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Offshore wind for green steel: Vattenfall and Salzgitter AG enter into electricity partnership
Energy company Vattenfall and steel producer Salzgitter are pushing ahead with their joint goal of decarbonising industrial production processes. A new power purchase agreement (PPA) provides for fossil-free electricity from the Nordlicht 1 offshore wind farm to be available for steel production from 2028. “The electricity partnership with Salzgitter underlines our long-term strategy at Vattenfall … Continue reading Offshore wind for green steel: Vattenfall and Salzgitter AG enter into electricity partnership
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RWE signs PPA with Meta to generate photovoltaic electricity from two solar PV farms with a combined capacity of 374 megawatts
RWE, the third largest renewable energy company in the U.S., announced it signed two long-term power purchase agreements (PPA) with Meta from two solar farms under construction in the U.S. The two PPAs further strengthen RWE’s strategy to support the demand for clean energy with power from its U.S. renewables portfolio. Onsite construction is underway … Continue reading RWE signs PPA with Meta to generate photovoltaic electricity from two solar PV farms with a combined capacity of 374 megawatts
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RWE and Salzgitter Group sign photovoltaic PPA
Green electricity will be supplied from the Boitzenburger Land photovoltaic plant. RWE Supply & Trading and the Salzgitter Group have agreed a long-term green electricity supply (Power Purchase Agreement, PPA) for up to 64 gigawatt hours per year. The contract runs for seven years and begins in 2027. The green electricity will come from the 180-megawatt … Continue reading RWE and Salzgitter Group sign photovoltaic PPA
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Acciona Energía signs PPA with Iberostar Group for the supply of renewable electricity in Spain
ACCIONA Energía announced today a new power purchase agreement (PPA) to supply 80GWh/year of 100% renewable electricity to Iberostar Group for 11 years. The supply will cover all the electricity requirements of Iberostar offices and hotels, and those of its World2meet travel division, throughout Spain. The electricity will come from ACCIONA Energía’s renewable energy facilities … Continue reading Acciona Energía signs PPA with Iberostar Group for the supply of renewable electricity in Spain
Continue readingAcciona Energía signs PPA with Vidrala to supply wind energy to its plants in Spain and Portugal
ACCIONA Energía has signed a power purchase agreement (PPA) with Vidrala, a leading company in the design and manufacture of glass containers, for the supply of renewable energy for a period of 10 years. Through this agreement, Vidrala will cover between 20% and 25% of its electricity needs. The contract will come into effect in … Continue reading Acciona Energía signs PPA with Vidrala to supply wind energy to its plants in Spain and Portugal
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Saudi Arabia signs one of the cheapest wind power PPAs in the world
The state-owned Saudi Power Procurement Company will purchase electricity from two planned wind farms in Saudi Arabia (Al Ghat with 600 MW and Wa’ad Al Shamal with 500 MW) through what are supposed to be the world’s cheapest wind PPAs. At least, this is claimed by Prince Abdulaziz bin Salman Al Saud, Saudi Arabia’s Minister … Continue reading Saudi Arabia signs one of the cheapest wind power PPAs in the world
Continue readingMarubeni secures 1.1 GW wind power deal in Saudi Arabia
The Power Purchase Agreement (PPA) covers two projects, which will contribute 1.1 GW of wind energy to the national grid.One of Japan’s largest trading and investment conglomerates, Marubeni Corporation, has closed an agreement with Saudi Power Procurement Company (SPPC) to build two major wind energy projects in Saudi Arabia. The projects will be developed in … Continue reading Marubeni secures 1.1 GW wind power deal in Saudi Arabia
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RWE signs two 15-year PPA with Microsoft to supply wind energy from two onshore wind projects in Texas with 446 megawatts
RWE, one of the leading renewable energy companies in the U.S. and worldwide, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase clean electricity from two new RWE onshore wind farms in Texas. The official groundbreaking for the RWE Peyton Creek II onshore wind farm has just … Continue reading RWE signs two 15-year PPA with Microsoft to supply wind energy from two onshore wind projects in Texas with 446 megawatts
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Iberdrola supplies 900 GWh of photovoltaics to Salzgitter in Germany
Iberdrola Deutschland and Salzgitter Flachstahl GmbH have concluded a further power purchase agreement (PPA) for 15 years. From 2025, Iberdrola Deutschland will supply Salzgitter Flachstahl GmbH with around 60 gigawatt hours (GWh) of green electricity per year. The solar power will come from Iberdrola’s second large-scale PV plant in Germany, which will be built in … Continue reading Iberdrola supplies 900 GWh of photovoltaics to Salzgitter in Germany
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Matrix Renewables signs renewable power purchase agreement (PPA) with Hyundai Motor Group for solar photovoltaic project in Texas
Matrix Renewables, the global renewable energy platform backed by TPG, has announced the signing of a renewable power purchase agreement (“PPA”) with affiliates of Hyundai Motor Group for 147 MWac of its Stillhouse Solar project, with 284 total MW of solar photovoltaic energy, which is located in Bell County, Texas (USA). The Stillhouse Solar project … Continue reading Matrix Renewables signs renewable power purchase agreement (PPA) with Hyundai Motor Group for solar photovoltaic project in Texas
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SkyPower signs PPA for 1 GW of photovoltaic in Zambia
SkyPower Global has signed a power purchase agreement (PPA) with Zambia’s state-owned utility, ZESCO Ltd, to deliver 1,000 MW of photovoltaic power. The PPA will support the Green Giant Zambia project, which is expected to supply electricity to around 4 million homes, boost job creation and add more renewable energy to Zambia’s copper mining-based economy. … Continue reading SkyPower signs PPA for 1 GW of photovoltaic in Zambia
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Acciona Energía signs a photovoltaic PPA with DaVita in Spain
ACCIONA Energy has signed a power purchase agreement (PPA) with DaVita, a leading provider of healthcare services specialized in dialysis and chronic kidney disease treatments, to supply 100% renewable electricity in Spain for 12 years. The electricity will come from the Ayora I-II-III photovoltaic complex (85.74 MWp), currently under development in the municipality of Jarafuel … Continue reading Acciona Energía signs a photovoltaic PPA with DaVita in Spain
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EDP Renewables and Walmart sign a new long-term photovoltaic energy purchase and sale agreement in the US.
The agreement adds to a long-standing partnership that includes 431 MW of offtake from both utility-scale and distributed generation sites across North America. EDP Renewables North America LLC (EDPR NA) and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a part of a 250 MWp (or 180 MWac) solar project in Texas, in the … Continue reading EDP Renewables and Walmart sign a new long-term photovoltaic energy purchase and sale agreement in the US.
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Statkraft supplies solar photovoltaic and wind power to e-mobility expert Vitesco Technologies
Statkraft, Europe’s largest producer of renewable energy, has concluded a Power Purchase Agreement (PPA) with Vitesco Technologies, a leading international developer and manufacturer of modern drive technologies for sustainable mobility, for the supply of a total of around 83,000 MWh of renewable electricity from solar and onshore wind power plants. Since January 2024, Statkraft has … Continue reading Statkraft supplies solar photovoltaic and wind power to e-mobility expert Vitesco Technologies
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Mainstream reaches financial close on 97.5 MW solar photovoltaic plant with corporate PPAs in South Africa
Mainstream Renewable Power (“Mainstream”), the pureplay global wind and solar company, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa. Construction of the solar PV farm, which is located in the Free State province, will start this … Continue reading Mainstream reaches financial close on 97.5 MW solar photovoltaic plant with corporate PPAs in South Africa
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RWE to supply seven German companies with wind power from Kaskasi wind farm from 2026
RWE Supply & Trading concludes Power Purchase Agreements with major industrial customers for around 1,000 gigawatt hours per year. High industrial demand for green electricity. RWE’s Kaskasi offshore wind farm will supply seven major German industrial customers with green electricity from 2026. Corresponding Power Purchase Agreements (PPAs) have been signed between RWE Supply & Trading and … Continue reading RWE to supply seven German companies with wind power from Kaskasi wind farm from 2026
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Avangrid and Amazon sign agreement for wind energy in Oregon
Avangrid (Iberdrola) entered into a power purchase agreement (PPA) with Amazon, marking a significant step in both companies’ renewable energy strategies. The PPA belongs to the Amazon Wind Farm Oregon – Leaning Juniper IIA, located in Gilliam County, which will provide Amazon with 98.4 megawatts (MW) of wind energy. The general director of Avangrid, Pedro … Continue reading Avangrid and Amazon sign agreement for wind energy in Oregon
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EDP Renewables seals its first long-term photovoltaic contract in Germany
EDP Renewables (EDPR), leader in the development of renewable energy worldwide, signed a Power Purchase Agreement (PPA) with Lhyfe, a producer and supplier of green hydrogen to serve industry and mobility sectors. The deal signed through Kronos Solar EDPR is an important milestone as it is the first long-term corporate contract for the supply of … Continue reading EDP Renewables seals its first long-term photovoltaic contract in Germany
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