Tag Archives: PPA

Iberdrola and Gres Panaria Portugal sign a contract for the sale of photovoltaic energy

Iberdrola and Gres Panaria Portugal, the leading Portuguese ceramics company, owner of the Margres, Love Tiles and Gresart brands, signed a Power Purchase Agreement (PPA) to begin in 2025 that will guarantee the supply of photovoltaic solar energy for the next 10 years.  It will provide a total of 92 GWh of clean energy during … Continue reading Iberdrola and Gres Panaria Portugal sign a contract for the sale of photovoltaic energy

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Masdar signs PPA for its 1 GW wind power plant in Kazakhstan

Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan. The signing took place on the sidelines of COP29 in Baku and was witnessed … Continue reading Masdar signs PPA for its 1 GW wind power plant in Kazakhstan

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Atlantic Copper and Alter Enersun agree to build a 30 MWp photovoltaic plant for self-consumption

The Huelva-based metallurgical company Atlantic Copper, a leader in the manufacture of high-purity refined copper in Spain, and Alter Enersun, a benchmark in the renewable energy sector, have signed a long-term strategic agreement for the purchase and sale of green energy (Power Purchase Agreement or PPA) for the construction of a 30 MWp photovoltaic plant, … Continue reading Atlantic Copper and Alter Enersun agree to build a 30 MWp photovoltaic plant for self-consumption

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Iberdrola joins forces with Italian steel giant Acciaierie Venete to provide it with photovoltaic electricity

Iberdrola, a global leader in the renewable energy sector, and Acciaierie Venete Spa, one of the main players in the European steel market, announce the signing of a multi-year Off-site Power Purchase Agreement (PPA) for a capacity of 12MW.  The agreement provides for the supply of green energy from one of the Iberdrola photovoltaic plants, … Continue reading Iberdrola joins forces with Italian steel giant Acciaierie Venete to provide it with photovoltaic electricity

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Wind sector expresses rejection of Xunta’s proposal to force Galician companies to sell 50% of their electricity with wind power through PPAs

The wind sector expresses its strongest rejection of the Xunta de Galicia’s proposal to force Galician wind farms to be sold 50 percent of their electricity generated by wind power facilities to exclusively Galician companies through PPAs ?? The new proposal of the Xunta de Galicia consists of forcing Galician wind farms to sell 50% … Continue reading Wind sector expresses rejection of Xunta’s proposal to force Galician companies to sell 50% of their electricity with wind power through PPAs

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RWE and Rivian sign 15-year power purchase agreement for clean electricity supply from 127-megawatt Champion Wind Farm in Texas

RWE, the third largest renewable energy company in the U.S., today announced it signed a long-term power purchase agreement (PPA) with electric vehicle manufacturer Rivian for the electricity from an upgraded RWE wind project in West Texas. The PPA underlines RWE’s ability to support the demand for clean electricity from manufacturing, technology and other energy-intensive … Continue reading RWE and Rivian sign 15-year power purchase agreement for clean electricity supply from 127-megawatt Champion Wind Farm in Texas

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Impact of hybridisation of renewable energy and batteries on the energy transition and PPA

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

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Acciona 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

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Marubeni 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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