VPPA

Abundance Energy, sonnen, and Energywell Technology Licensing on May 6 said they will work together on development of behind-the-meter, battery-enabled VPPs. The program is designed to support retail energy customers of Texas-based Abundance Energy, while also providing support for the state’s power grid.

BayWa r.e. Americas has signed an aggregated virtual power purchase agreement (VPPA) with several groups for a renewable energy project in Illinois that is designed to support decarbonization efforts in the region. The deal announced September 26 includes Sustainability Roundtable (SR) Inc.’s Net Zero Consortium for Buyers (NZCB), along with Akamai Technologies, Teradyne, and Wayfair […]

Texas continues to add to its U.S.-leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb. 22 said it had completed the 452-MW Texas Solar Nova complex in Kent County. The multimillion-dollar array, which was built in two phases, already has offtake agreements, including a […]

Duke Energy Sustainable Solutions (DESS), an arm of major U.S. utility Duke Energy, said commercial operation has begun on the group’s largest solar power plant. DESS on March 8 said the 250-MW Pisgah Ridge Solar farm in Navarro County, Texas, is online, supplying power to at least three groups as part of virtual power purchase […]

SAN FRANCISCO, CA & LONDON, UK (Feb. 7, 2023) – Watershed, the leading enterprise climate platform, today announced it is partnering with renewables marketplace Ever.green to launch the first fixed-price virtual power purchase agreement (VPPA). The long-term commitments of Watershed customers including Samsara, Stripe, and TaskUs will help build a new solar plant in Laredo, […]

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, […]

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 […]