The Atacama wind farm will have a total capacity of 180 MW and will begin commercial operation in the second half of 2022. Repsol Ibereólica Renovables Chile, a company jointly owned by Repsol and the Ibereólica Renovables Group, with 50% each, has signed a 14-year power purchase agreement (PPA) for its Atacama wind farm, guaranteeing … Continue reading Ibereólica Renovables Chile signs a pPA for its Atacama wind power project
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Iberdrola, spearheading PPAs
Iberdrola has gained a wealth of experience in Power Purchase Agreements (PPAs) and is currently managing several long-term agreements in markets such as Spain, the UK, the USA, Mexico and Australia linked to onshore wind and solar power projects, adding up to a total capacity of 6,500 megawatts (MW). The customers signing these contracts include … Continue reading Iberdrola, spearheading PPAs
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RWE to supply Ineos with wind energy
Electricity to be supplied from 2021 onwards from the Northwester 2 wind farm in the Belgian North Sea. RWE Supply & Trading and Ineos have entered into a long-term Power Purchase Agreement (PPA). Under the terms of the ten-year agreement set to begin in 2021, Ineos will purchase 198 gigawatthours of green electricity per year from … Continue reading RWE to supply Ineos with wind energy
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PPA signed for Humber Gateway Offshore Wind Farm
RWE Renewables signed a Power Purchase Agreement (PPA) with E.ON UK under which the company will offtake 100% of the electricity produced by the Humber Gateway Offshore Wind Farm from 2022 until 2035. This includes the Renewable Obligation Certificates (ROCs) from the plant. The contract directly follows on from the previous agreement to supply E.ON … Continue reading PPA signed for Humber Gateway Offshore Wind Farm
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Ørsted and Amazon sign Europe’s largest offshore wind energy corporate PPA
Amazon, the technology company based in Seattle, Washington, has signed a 10-year corporate power purchase agreement with Ørsted, the world-leader in offshore wind, to offtake the output of 250MW from Ørsted’s planned 900MW Borkum Riffgrund 3 offshore wind farm in Germany. This CPPA will contribute to Amazon’s target of being 100% renewable by 2030 as … Continue reading Ørsted and Amazon sign Europe’s largest offshore wind energy corporate PPA
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Corporate procurement as a new growth driver for wind energy in Asia
The shift of corporate procurement of renewable energy from trend to true market driver is already underway. With dedicated commitment and advocacy, it has the potential to accelerate the energy transition across the Asia-Pacific (APAC) region. Months of industrial disruption, record-low power demand and fluctuating power and commodity prices have shown us that external forces … Continue reading Corporate procurement as a new growth driver for wind energy in Asia
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Global/APAC Corporate PPA Market Progress and Outlook
Global corporate PPA volumes reached 8.9GW in 2020 through July. Though activity is currently marching ahead of 2019, a big second half will be required in order for the market to hit record volumes by year-end. More than in previous years, deals will have to be globally spread for a new record to be established … Continue reading Global/APAC Corporate PPA Market Progress and Outlook
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Naturgy signs its first Australian wind energy PPA with Snowy Hydro for a 218MW wind farm in Victoria
Naturgy doubles its presence in Australia, becoming one of the three most important independent wind energy producers in the country and reaffirms its commitment to growth in renewables through its subsidiary Global Power Generation (GPG).Ryan Corner is the third wind turbines project developed by GPG in Australia and the first under a corporate PPA. The … Continue reading Naturgy signs its first Australian wind energy PPA with Snowy Hydro for a 218MW wind farm in Victoria
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Puget Sound Energy and Avangrid Renewables Announce PPA; Construction of New Wind Farm
Puget Sound Energy (PSE) and Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), today announced an agreement that will be supplied by a new 200 megawatt wind farm, enough energy to power over 60,000 homes on an annual basis. The wind farm will be built by Avangrid Renewables in Sherman County, Oregon. The Golden … Continue reading Puget Sound Energy and Avangrid Renewables Announce PPA; Construction of New Wind Farm
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Wind power is emerging as the main source of renewable energy
We have been harnessing the wind’s energy for thousands of years. But we’ve been using it to generate electricity for only the last few decades. Initially, wind power was considered a science experiment at best. But not anymore. Today, it’s the cheapest form of renewable energy. In fact, wind power is the cheapest form of … Continue reading Wind power is emerging as the main source of renewable energy
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AEP Energy, CIP reach long-term PPA for 400-MW Illinois wind power project
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
Continue readingAEP 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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