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.
Ørsted signs offshore wind CPPA with Google to help enable 24/7 carbon free energy
Ørsted announced that it has signed a 12-year corporate power purchase agreement (CPPA) with Google, under which Google will offtake 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German
Onshore wind farm in Scotland will power AMAZON
A 50-megawatt onshore wind farm in Scotland is now operational, and tech giant Amazon will purchase all of its output
Alight to install more solar in Sweden under PPAs with Axel Johnson
Swedish solar developer Alight will build and operate for Axel Johnson AB two more solar farms, bringing to over 90 GWh the combined annual production contracted by the family-owned industrial group.
Johnson & Johnson procures Irish wind power under PPA with Ørsted
US healthcare group Johnson & Johnson announced today that it has signed a corporate power purchase agreement (PPA) with Denmark’s Ørsted A/S to procure electricity from two wind farms in Ireland.
Spain, the USA, France and Germany are at the top of EY’s new PPA index
Spain, the US, France and Germany are leading Ernst & Young Global’s (EY) new index of the top 30 markets with the highest corporate PPA growth potential.
Axpo Bulgaria preparing pilot PPAs
Swiss renewable energy company Axpo’s Bulgarian unit is working on pilot power purchase agreements (PPAs), expected to be officially announced between 2022-2025, Axpo Bulgaria managing director Milena Videnova said.