Exploring the options for SEE industrials to procure renewable energy

The year 2022 may mark its place in history as the year in which energy transition investments reached parity with capital deployed in support of fossil fuel supply. According to data compiled by BloombergNEF, the huge acceleration of 31% year-on -year came mainly on the back of faster deployment of clean energy technologies, in turn […]

Mytilineos signs offtake deal for 63 MW of Italian solar with Statkraft

Greek industrial group Mytilineos has signed a power purchase agreement (PPA) for the generation of 63 MW of solar farms it is building in Italy with Norwegian energy group Statkraft, the companies said today. Nikos Papapetrou, executive director of Mytilineos’ M Renewables, described Statkraft as one of the leading PPA offtakers in Europe and added […]

Henkel in Germany will use solar energy from Spain’s Ignis

German chemical and consumer goods company Henkel AG & Co has signed a virtual power purchase agreement (VPPA) with Spain’s Ignis. The agreement is for 10 years, and the electricity will come from two new solar plants in Spain, which are planned to be commissioned in the summer of 2024. The electricity produced by them […]

Carlsberg signed a large PPA with Better Energy

Carlsberg has just signed a large Power Purchase Agreement (PPA) with Better Energy, which include the construction of new solar power park of more than 70 hectares. Тhis is approximately 105 football fields.

RE-Source Southeast: Post-event report

The second edition of RE-Source Southeast, the biggest regional event dedicated to corporate sourcing of renewable energy and its role in  industry decarbonisation strategies, took place on May 31-June 1 in Sofia. The event brought together 50 speakers and more than 300 attendees, connecting corporate buyers with companies active in renewable energy development and electricity trading.

Energy transition brings new wind power buyers to the fore

wind farm

rollout of new wind and solar capacity by sealing power purchase agreements (PPAs) for green energy. Corporate buyers acquired a record 25GW of wind, solar photovoltaic (PV) and other renewable energy via PPAs in 2020, data from BloombergNEF (BNEF) shows.