power purchase agreement

Enel North America and Mars—a pet care, snacking and food company—announced the groups have completed a major power purchase agreement (PPA) transaction involving the full output of three solar plants in Texas. The deals represent Enel’s largest corporate PPA transaction worldwide. Combined, the agreements represent 851 MWac and are expected to yield 1.8 TWh of […]

Talen Energy has restructured and significantly expanded its nuclear energy agreement with Amazon Web Services (AWS), finalizing a 17-year, $18 billion power purchase agreement (PPA) that will supply up to 1,920 MW of carbon-free electricity from the 2.5-GW Susquehanna nuclear plant to Amazon’s data centers across Pennsylvania. The deal, announced on June 11, restructures a […]

AES Corp. announced the company has entered into two long-term power purchase agreements (PPAs) to support tech company Meta’s data centers. The deal announced May 21 is for 650 MW of generation from solar projects that AES is bringing online in Texas and Kansas, serving the Southwest Power Pool market.

Constellation Energy’s ambitious plan to restart the Three Mile Island Unit 1 as the Crane Clean Energy Center (CEC) is proceeding ahead of schedule, shooting for a 2028 start date, despite a new report that suggests Microsoft may be re-evaluating its data center strategy. Just five months after Constellation announced a landmark 20-year power purchase […]

A major U.S. solar power developer announced it has a power purchase agreement (PPA) with Arizona Public Service (APS) for the energy produced from the Kitt Solar Project. Avantus, the former 8minute Solar Energy, on Dec. 9 said the PPA includes 100 MWac/130 MWdc of solar from the installation in Eloy, in Pinal County. It […]

Colorado-based electric cooperative Tri-State Generation and Transmission Association for the first time has purchased renewable energy projects that will provide power for its members. The co-op, a not-for-profit wholesale power supplier, on June 4 announced it was buying Axial Basin Solar, a 145-MW solar project in Moffat County in northwest Colorado near the Colowyo Mine, […]

Indian USC Coal Plant, First Transnational Power Project, Begins Operation. Indian independent power producer Adani Power on July 12 began full commercial operation of the coal-fired 1,600-MW Godda Ultra

Kenya’s government is pinning a nationwide blackout on Aug. 25 to the loss of 270 MW from the 310-MW Lake Turkana Wind Power Plant (LTWP), though the wind generator has denied it was the cause. The blackout, which lasted more than 20 hours, began at about 9:45 p.m. on Friday, plunging the East African country’s […]

Brazil is blessed with a wealth of natural resources. It gets almost two-thirds of its electricity from hydropower facilities, and it also has enormous potential for wind, solar, and natural gas-fired power. Yet, the country is saddled with higher than average electricity prices compared to most developed nations. A study conducted by McKinsey & Company […]

AUSTIN, Texas, Sept. 23, 2019 — As part of the largest-ever renewable energy purchase by the automotive industry, E.ON today announced that it has signed an agreement with Honda for offtake from E.ON’s Boiling Springs Wind Farm. Under the terms of the Virtual Power Purchase Agreement (VPPA), Honda has contracted for 120 megawatts (MW) of […]

Dominion Energy has reached an agreement with utilities in Connecticut to keep the Millstone Power Station, the state’s only nuclear power plant, in service for at least another decade. Dominion announced the deal March 15, the deadline the company had to tell ISO New England, the regional grid operator, whether it would retire the two […]

As a vote by owners on the fate of the Vogtle nuclear expansion project hangs in the balance, the City of Jacksonville, Florida, and JEA—the city’s municipal utility that serves about 458,000 electric customers—filed a complaint in the Fourth Judicial Circuit Court of Florida on September 11 asking for declaratory judgment on a power purchase […]

Florida Light and Power (FPL) wants to buy and phase out another coal-fired power plant in Florida, a move it says will save its customers an estimated $129 million when new gas-fired infrastructure is built in the state. The NextEra subsidiary on June 20 filed a petition for the Florida Public Service Commission’s (PSC’s) approval […]