power purchase agreements
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Trends
Google, I&M Strike Landmark Deal to Share Clean Capacity and Flex AI Load
American Electric Power (AEP) subsidiary Indiana Michigan Power (I&M) has filed a special customer-specific contract with technology giant Google that could create a dual-purpose arrangement to address power capacity constraints in one of the fastest-growing digital infrastructure regions in the U.S. AEP on Aug. 4 announced that the two companies filed a petition to the […]
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Renewables
RWE Signs PPAs With Meta for Power from Solar Farms
U.S. renewable energy major RWE announced the signing of two long-term power purchase agreements (PPAs) that will supply electricity to social media company Meta. The deal is for clean energy from two solar farms with combined generation capacity of 374 MW. The solar facilities are RWE’s 274-MW County Run Solar project in Illinois, and the […]
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O&M
The Challenges and Opportunities Facing Power Companies Today
The power system is changing and electricity suppliers need to adapt or get left behind. Experts weigh in on what leaders should be focusing on and how these items will affect utilities in the future. The
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Press Releases
TotalEnergies reaches 1 GW of solar power contracts for self-consumption by its B2B customers worldwide
Paris, 2nd February 2023 – TotalEnergies has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. This performance is the result of a strong development strategy based on a multi-energy approach to support its B2B customers in their energy […]
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Press Releases
Renewable Properties Signs Nearly 30 MW of PPAs with PG&E for Community Solar Projects in Disadvantaged Communities
San Francisco, January 31, 2023 — Renewable Properties, a developer and investor in small-scale utility and community solar projects based in San Francisco, has signed power purchase agreements (PPAs) for five projects with Pacific Gas and Electric Company (PG&E), California’s largest investor-owned utility. The projects will bring the benefits of clean solar energy to households that can’t […]
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Renewables
Global Market for PPAs Supports Renewable Energy Projects
Large global corporate groups continue to buy stakes in major renewable energy projects and sign power purchase agreements (PPAs) designed to provide long-term electricity for their operations. Some
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Finance
Types of Power Purchase Agreements and Why Each PPA Might Be Used
Stakeholders are increasingly pressuring corporations to become more sustainable, and often that means using renewable energy to help meet their electricity needs. Most non-power companies don’t want to take
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News
Can Corporate America Ensure a Clean Energy Future?
Renewable energy off-take by large corporate entities is on the rise. Google in September of this year made its largest-ever renewable energy procurement announcement, announcing 18 new renewable energy agreements, totaling 1,600 MW. That puts Google at the top of the voluntary renewable energy purchasers list, after Facebook had grabbed the top spot a year […]
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Solar
Utility-Scale, Distributed Solar Prices Tumbled 5% to 12% in 2015
Prices for solar energy systems fell to record lows across all sectors in 2015, according to two new reports from the Lawrence Berkeley National Laboratory (LBNL). The LBNL reports, released on August 24, are Tracking the Sun IX, which focuses on installed pricing trends in the distributed solar photovoltaic (PV) market, and Utility-Scale Solar 2015, […]