power purchase agreements

Securing a reliable supply of electricity requires plenty of research to balance the risks and rewards of striking a deal.

Independent power producer Treaty Oak Clean Energy recently announced it finalized long-term power purchase agreements (PPAs) with technology group Meta Platforms for two utility-scale solar projects in Louisiana. Meta officials said the company would advance its clean energy and sustainability commitments by buying the environmental attributes generated by the facilities in Morehouse and Sabine parishes, which together will have 385 MW of generation capacity.

ENGIE North America said it has entered into additional power purchase agreements (PPAs) with technology group Meta that will increase the overall scale of the commercial relationship between the two companies to more than 1.3 GW across four Texas projects.

In the early 2010s, the “build-to-sell” model dominated the commercial and industrial (C&I) real estate solar market. Building owners, especially REITs (real estate investment trusts), with an understanding and comfortableness in investing in long-term assets, would pay solar developers to build arrays on their roof or parking lot. Owners reaped the benefits associated with solar, […]

Constellation Energy is evaluating specific regulatory pathways to enable potential deployment of advanced nuclear reactors at its Clinton Clean Energy Center. The measure could mark the first concrete steps toward next-generation nuclear development at the Illinois site now that the competitive generator has finalized a landmark 20-year agreement with Meta. Constellation disclosed on Tuesday that […]

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 […]

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 […]

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

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 […]

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 […]

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

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

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 […]

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, […]