EP Energy, a subsidiary of American Electric Power, signed a long-term power purchase agreement (PPA) for 400 MW of renewable energy from the Panther Grove Wind Energy Facility in Woodford County, Ill. The agreement was reached between AEP Energy and an affiliate of Copenhagen Infrastructure Partners (CIP). While the facility has yet to be built … Continue reading AEP Energy, CIP reach long-term PPA for 400-MW Illinois wind power project
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AEP Energy Signs PPA For Output From New 400-MW Wind energy Project In Illinois
American Electric Power’s (NYSE: AEP) AEP Energy subsidiary has signed a long-term power purchase agreement with an affiliate of Copenhagen Infrastructure Partners (CIP) for the output of 400 megawatt (MW) of renewable energy from Panther Grove Wind Energy Facility in Woodford County, Illinois. Construction of Panther Grove is scheduled to begin in early 2021, … Continue reading AEP Energy Signs PPA For Output From New 400-MW Wind energy Project In Illinois
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Iberdrola will supply wind energy to Vodafone in Spain
Through a PPA, the energy company will provide long-term green electricity – generated by a wind project it is building in Aragon – at 13,500 points owned by the operator. This alliance represents an important leap in compliance with the strategic framework of a sustainable and responsible company with the planet, which establishes that in … Continue reading Iberdrola will supply wind energy to Vodafone in Spain
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How can corporates minimise risks and maximise opportunities when entering renewable PPAs?
There are many variables at work in PPAs, and it’s easy to get lost in all the information out there. The new report from the RE-Source Platform, Risk Mitigation for corporate renewable PPAs, is designed for maximum clarity: one by one, we break down the various risks for corporates entering PPAs – and outline the … Continue reading How can corporates minimise risks and maximise opportunities when entering renewable PPAs?
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GWEC and RE100 join forces to accelerate corporate sourcing of renewable electricity in emerging markets
The Global Wind Energy Council (GWEC) is entering a new partnership with The Climate Group’s RE100 initiative to spur greater corporate commitment to renewable electricity sourcing in emerging markets. GWEC is the neutral representative body for the global wind industry, representing leading wind energy manufacturers, developers, utilities IPPs and service companies. RE100 brings together more … Continue reading GWEC and RE100 join forces to accelerate corporate sourcing of renewable electricity in emerging markets
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Infigen enters Power Purchase Agreement from Collector Wind Farm in Australia
Infigen has entered into a Power Purchase Agreement (PPA) for output from the Collector Wind Farm in the Southern Tablelands of New South Wales. The Collector Wind Farm is currently under construction and is owned by RATCH Australia. Infigen’s strategy is to grow the volume of renewable energy sold to commercial and industrial customers. The … Continue reading Infigen enters Power Purchase Agreement from Collector Wind Farm in Australia
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Enel starts operations of 450 MW wind farm in U.S. and expands wind power project to 500 MW through new PPA with Danone
With its initial 450 MW, the High Lonesome wind farm in Upton and Crockett Counties, Texas, is the largest operating wind energy facility in Enel’s global renewable portfolio. The wind power project has been expanded by an additional 50 MW, thanks to a PPA with food and beverage company Danone North America, increasing the total … Continue reading Enel starts operations of 450 MW wind farm in U.S. and expands wind power project to 500 MW through new PPA with Danone
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Ørsted and Covestro sign the world’s largest offshore wind energy PPA
Covestro, a world-leading supplier of high-performance polymer materials, has signed a 10-year corporate power purchase agreement with Ørsted to buy the output of 100MW from the planned Borkum Riffgrund 3 offshore wind farm. Covestro, a world-leading supplier of high-performance materials headquartered in Leverkusen, Germany, has signed a 10-year indexed fixed-price agreement with Ørsted, the world-leader … Continue reading Ørsted and Covestro sign the world’s largest offshore wind energy PPA
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Building Capacity on Bankable Power Purchase Agreements in Pacific Islands
Committing private capital to the deployment of renewable energy projects in the Pacific Small Island Developing States (SIDS) has been the focus of a roundtable that kicked off on Monday 25 November 2019 in Nadi, Fiji. The capacity building roundtable on the design of bankable power purchase agreements in the Pacific SIDS was organised by … Continue reading Building Capacity on Bankable Power Purchase Agreements in Pacific Islands
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GE Renewable Energy Delivers PPA to Google to Sell Wind Energy from Swedish Björkvattnet Cypress Onshore Wind Farm
GE Renewable Energy Delivers Corporate Power Purchase Agreement to Google to Sell Energy from Swedish Björkvattnet Cypress Onshore Wind Farm. GE Renewable Energy today announced the signature of a Corporate Power Purchase Agreement (PPA) to sell energy from the Björkvattnet Onshore Wind Farm to Google. GE Renewable Energy originated and negotiated the Power Purchase Agreement … Continue reading GE Renewable Energy Delivers PPA to Google to Sell Wind Energy from Swedish Björkvattnet Cypress Onshore Wind Farm
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Ørsted and Northumbrian Water Group sign UK’s first Offshore Wind Energy PPA
Ørsted has signed a long-term agreement with Northumbrian Water that will see the water company take almost a third of its renewable energy demand from Race Bank offshore wind farm. The 10-year deal is the first Power Purchase Agreement (PPA) of its kind in the UK and is an expansion of a renewable electricity supply … Continue reading Ørsted and Northumbrian Water Group sign UK’s first Offshore Wind Energy PPA
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Acciona signs a corporate PPA with Viva Energy in Australia
Viva Energy supplies around a quarter of Australia’s liquid fuel requirements and sells Shell products under licence across the country. Under the PPA, the refinery has partnered with ACCIONA’s new 132 MW wind farm at Mt Gellibrand, which is around an hour away from the Geelong facility. The PPA represents around one third of the … Continue reading Acciona signs a corporate PPA with Viva Energy in Australia
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Iberdrola and Nike go global with new wind energy partnership
The new agreement will see Nike facilities in Europe supplied by 40 MW of clean electricity from the Cavar wind farm complex in Navarra, northern Spain. Iberdrola, the world´s leading wind power company, will soon start construction on the complex which will see four wind turbines projects completed by 2020 with an overall capacity of … Continue reading Iberdrola and Nike go global with new wind energy partnership
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Wind energy PPAs signed by companies in Europe have now reached a total capacity of 5 GW
European companies bought a record amount of wind power capacity last year, as energy-hungry businesses like aluminum producers and IT giants look for greener ways to drive their machinery and data centers. Companies around Europe have now signed nearly 5 GW of power purchase agreements (PPAs) with wind farms. This is almost equivalent to Denmark’s … Continue reading Wind energy PPAs signed by companies in Europe have now reached a total capacity of 5 GW
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EDF Renewables signs a PPA for an over 200 MW wind energy project in Canada
EDF Renewables Canada today announced the signing of a 20-year Renewable Electricity Support Agreement (RESA) with the Alberta Electricity System Operator (AESO) for the renewable attributes related to the 201.6 megawatt (MW) Cypress Wind Power Project. The contract, secured through Round 2 of the Renewable Electricity Program’s (REP2) competitive procurement process managed by the AESO … Continue reading EDF Renewables signs a PPA for an over 200 MW wind energy project in Canada
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Mercedes-Benz deal to buy wind power is first PPA in Germany
Mercedes-Benz will buy wind energy for its German operations through a corporate renewable Power Purchase Agreement (PPA) signed with Norwegian utility Statkraft. This marks the first corporate renewable PPA deal signed in Germany. Mercedes-Benz will buy 46 MW worth of wind power from six wind farms in Lower Saxony and Bremen. The wind power … Continue reading Mercedes-Benz deal to buy wind power is first PPA in Germany
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Iron Mountain, Microsoft and Walmart announced power purchase agreements (PPA) with five wind energy projects
It’s been a banner week for corporate purchasers. First, Iron Mountain, Microsoft and Walmart announced power purchase agreements (PPA) with five wind projects across the country. On top of that exciting news, Microsoft also announced a new and innovative solution for corporate purchasers called the volume firming agreement (VFA), which will help large companies power … Continue reading Iron Mountain, Microsoft and Walmart announced power purchase agreements (PPA) with five wind energy projects
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Mytrah Energy signs PPA for 300 MW wind power with SECI in Tamil Nadu
Independent power producer Mytrah Energy (India) has entered into a Power Purchase Agreement with the Solar Energy Corporation of India (SECI) for setting up a 300 MW wind power plant in Coimbatore district of Tamil Nadu. The winning bid for 300 MW of capacity of Mytrah was part of the fourth tranche of SECI wind … Continue reading Mytrah Energy signs PPA for 300 MW wind power with SECI in Tamil Nadu
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Mercedes Benz has announced Europe’s first automotive PPA with a Polish wind farm
It is also the first such deal signed in Poland. Mercedes Benz will buy electricity generated at the 45MW wind farm to power its manufacturing facility in Jawor, 10km away from the wind farm. The longer-term goal is to source all of its power needs from renewables. The Taczalin wind farm has been operational since … Continue reading Mercedes Benz has announced Europe’s first automotive PPA with a Polish wind farm
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Alcoa signs another PPA deal in Norway
Alcoa has signed another corporate renewable Power Purchase Agreement (PPA) deal for its aluminium manufacturing facilities in Norway. Production from the 197.4 MW wind farm near Florø in Norway will power Alcoa Norway’s nearby aluminium plant under a 15-year PPA. BlackRock Real Assets has signed a deal with developer Zephyr to acquire the Guleslettene wind … Continue reading Alcoa signs another PPA deal in Norway
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