power purchase agreement
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Data Centers
Talen, Amazon Launch $18B Nuclear PPA—A Grid-Connected IPP Model for the Data Center Era
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 […]
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Solar
AES, Meta Sign PPAs for 650 MW of Solar Power in Kansas and Texas
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.
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Data Centers
Constellation Races to Revive Crane Nuclear Plant Amid Tight Timelines, Market Shifts
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 […]
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Solar
Avantus Signs PPA with Arizona Utility for 100-MW Solar Project
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 […]
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Solar
Colorado Co-op Tri-State Buying Two Solar Power Projects
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, […]
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News and Notes
POWER Digest [September 2023]
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
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Energy Security
Dispute Brews About Wind Farm’s Role in Kenya’s Nationwide Blackout
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 […]
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POWER Podcasts
Solar Power Helps Stabilize Electricity Prices in Brazil
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 […]
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Press Releases
E.ON Signs Innovative Virtual Power Purchase Agreement with Honda for Offtake from Oklahoma Wind Farm
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 […]
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News
Dominion Reaches Deal to Keep Millstone Nuclear Plant Open
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 […]