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.
Etem Gestamp signed a 10-year PPA with Private Equity Fund – Growth
“Private Equity Fund-Growth” and “Etem Gestamp” concluded a direct long-term contract for the purchase and sale of green energy from a newly constructed solar plant. It will be commissioned in autumn 2022 and will produce around 4 GWh of electricity per year. The transaction structuring consultant is “Elnova”, a consulting company and licensed electricity trader […]
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.
Signed wind PPA between Verbund and Romanian carmaker
Austrian power producer Verbund AG will be supplying wind power to an unnamed automotive company in Romania under a corporate power purchase agreement (PPA) facilitated by Swiss energy trader Axpo Holding AG.
First sleeved PPA deal in Bulgaria
Telecommunication service provider A1 Bulgaria and domestic clean energy investment group Renalfa have signed a long-term power purchase agreement (PPA) for solar energy. A photovoltaic plant in south Bulgaria with a peak capacity of 33 MW is set to supply A1 Bulgaria with 20 GWh of electricity per year for the next ten years.
Axpo inks PPA to buy electricity from 300 MWp of solar in Poland
Switzerland-based renewables producer and energy trader Axpo has signed a power purchase agreement (PPA) to offtake electricity generated by nearly 300 MWp of solar capacity in Poland, from photovoltaic plants currently being developed across the country by Polish R.Power Group.
BNEF: Corporate clean energy PPAs pass 31-GW threshold in 2021
Corporate power purchase agreements (PPAs) for clean energy reached an all-time high of 31.1 GW in 2021 as corporations announced new sustainability pledges while costs for renewables are falling, a new report by BloombergNEF (BNEF) shows.
Energy transition brings new wind power buyers to the fore
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.