PPA

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 […]