PPA

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 […]

The Tennessee Valley Authority (TVA) has signed a first-of-its-kind power purchase agreement (PPA) with advanced nuclear technology firm Kairos Power to buy power from the company’s planned Hermes 2, a molten salt nuclear reactor in Oak Ridge, Tennessee. The deal makes TVA the first U.S. utility to contract for electricity from a Gen-IV reactor. Under […]

Global geothermal energy developer Baseload Capital has joined with technology giant Google on the first corporate power purchase agreement (CPPA) for geothermal in Taiwan.

Enel North America announced it has a power purchase agreement (PPA) for a 115-MW portion of the Rockhaven wind farm in Murray and Carter counties, Oklahoma. “As power demand increases due to electrification, data centers and AI, with nearly 25 years of clean energy leadership, Enel is ready to meet this opportunity with a portfolio […]

Google has entered into long-term power purchase agreements (PPAs) with Texas-based Leeward Renewable Energy (LRE) to support more than 700 MW of solar power projects in Oklahoma. Google on Jan. 16 said, “the projects are strategically located to support our data center operations,” noting that one installation is “located less than one mile from our […]

Primergy Solar, a developer, owner, and operator of utility-scale solar and energy storage projects, on Dec. 18 said the company’s 100-MWac solar project in Ashley County, Arkansas is fully operational. The Amazon Solar Farm Arkansas—Prairie Mist has begun sending power to the grid. It is the second Primergy project to enter commercial operation this year. […]

Arevon Energy, a renewable energy developer, owner, and operator, on Dec. 9 announced the start of operations at its Eland 1 Solar-plus-Storage Project in Kern County, California. Eland 1 is under a long-term power purchase agreement (PPA) with Southern California Public Power Authority. The project, located in Mojave, is a 384-MW solar project coupled with […]

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 […]

Municipal power utility Idaho Falls Power (IFP) has announced it is negotiating a power purchase agreement (PPA) with Aalo Atomics, a 2022-founded nuclear engineering firm inspired by Idaho National Laboratory (INL’s) MARVEL microreactor. Aalo on Sept. 16 confirmed it signed a memorandum of understanding (MOU) with the utility to explore the deployment of a fleet […]

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 […]

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, […]

A major offshore wind farm near Scotland set to come online later this year has a power purchase agreement (PPA) with Amazon, the technology company that continues as the largest purchaser of renewable energy worldwide. Amazon on Jan. 30 announced the corporate PPA with ENGIE, the French multinational utility, to take more power from Ocean […]

An Arizona utility plans to build a battery energy storage system (BESS) that will help it store more of the region’s abundant solar energy, enabling the power to be used after the sun goes down. Tucson Electric Power (TEP) in early October said it plans to start operating what would be the largest energy storage […]

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 […]

Notwithstanding the ongoing impacts of COVID-19, in 2021 the deployment of solar, solar + storage, stand-alone storage, wind, and other renewable energy technologies continued to rapidly expand across the U.S

TERRE HAUTE & BLOOMINGTON, Ind., Feb. 15, 2022 — Hallador Energy Company (NASDAQ – HNRG), through its new subsidiary Hallador Power Company, LLC, will acquire Hoosier Energy’s 1-Gigawatt Merom Generating Station, located in Sullivan County, Indiana, in return for assuming certain decommissioning costs and environmental responsibilities. The transaction, which includes a 3.5-year power purchase agreement […]

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

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 […]

The coronavirus pandemic and resulting global economic slowdown curtailed some energy projects in 2020, but corporations worldwide still bought a record 23.7 GW of clean power through long-term purchase agreements. That’s according to research published Jan. 26 by BloombergNEF (BNEF). The group in its “1H 2021 Corporate Energy Market Outlook” said more than 130 companies, […]

Madrid, January 4th 2021: EDP Renováveis, SA (“EDPR”), through its fully owned subsidiary EDP Renewables North America LLC, has closed two 15-year Power Purchase Agreement (“PPA”) to sell the energy produced by two solar PV plants totalling 275 MW. In detail, the projects located in the U.S. states of Mississippi and Indiana, are expected to commence […]

The power purchase agreement, commonly called a PPA, is a fundamental element to the development, construction, and financing of power generation projects. Like many things in the power industry, the PPA is

SAN FRANCISCO, Nov. 19, 2020 — Sunrun (NASDAQ: RUN), the leading provider of residential solar, battery storage and energy services, today announced that it has contracted with one of the largest electric utilities in the United States, Southern California Edison (SCE), to increase grid resilience and lower power costs. SCE will send signals to Sunrun […]

With a lack of attractive solar power purchase agreements (PPAs) available in the market, project owners have been seeking alternative arrangements to secure long-term revenue certainty. One alternative is a

A microgrid project pairing natural gas with solar power is taking shape at Pittsburgh International Airport, with the installation expected to be the primary source of electricity for the property by the summer of 2021. Construction of the microgrid (Figure 1) began a few weeks ago with site preparation work, which included rerouting an electrical […]

February 19, 2020 — Leading marine energy developer Minesto has signed a power purchase agreement (PPA) with the Faroese electric utility company SEV, advancing the parties’ collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea kite technology and an […]

ENGIE, the world’s largest independent power producer, has signed an innovative volume firming agreement (VFA) with Microsoft that will allow the technology giant to buy “firm” power from wind and solar projects in Texas under a specially structured power purchase agreement (PPA).  The companies on Sept. 24 said the long-term PPA will allow Microsoft to […]

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 […]

Wind power capacity in the U.S., whose explosive growth has tripled since 2008—even overtaking hydropower to become the nation’s largest source of renewable electricity—could face a period of stagnation once the production tax credit (PTC) is phased out in 2021. Analysts at WINDPOWER 2018 in Chicago last week called the period between 2021 and 2026 […]

The Public Utilities Commission of Ohio (PUCO) approved an electric security plan (ESP) for AEP Ohio—a unit of American Electric Power—on Feb. 25, but declined to adopt the company’s proposed power purchase agreement (PPA) as it relates to the Ohio Valley Electric Corp. (OVEC). The PPA rider was a point of contention with several groups […]