Round-up of renewable energy PPA news (April 8-28)

Wind farm. Author: Edgar Weber. License: Creative Commons, Attribution 2.0 Generic.

April 29 (Renewables Now) - In the past three weeks, power purchase agreement (PPA) announcements came mainly from the US, and Texas in particular, but also from Australia and Europe. Our summary starts with the most recent ones.

-- Ball strikes VPPAs for 388 MW of wind, solar power

Ball Corporation (NYSE:BLL) will buy 388 MW of wind and solar power to address 100% of the electricity load utilised in its corporate, packaging and aerospace operations in North America by end-2021. The US-based aluminium packaging provider has signed two virtual power purchase agreements (VPPAs) tied to wind and solar projects in Oklahoma and Texas. Read more..

-- PPAs in place for 690-MWp Texas solar project of 7X Energy

Texas-based 7X Energy Inc recently announced the signing of a PPA for part of its 690-MWp Taygete solar project in Texas. Read more..

-- General Mills inks virtual PPA for 200 MW of wind in Texas

US food company General Mills Inc (NYSE:GIS) has signed a VPPA for 200 MW of electricity from a wind farm that will be built in Texas. The 15-year contract is for the Maverick Creek scheme by a joint venture between Renewable Energy Systems (RES) and Steelhead Americas. Read more..

-- Australian water cos partner to buy cheap solar power

Thirteen water companies in the Australian state of Victoria have formed a new organisation in order to purchase electricity from the Kiamal solar farm at lower rates. The undisclosed price they obtained as a group, called Zero Emissions Water Ltd (ZEW), is lower than the price they would have had to pay individually, according to the ministry’s press release. Read more..

-- Texan wind duo to benefit from VPPAs with EY US

Ernst & Young LLP (EY US) has signed two VPPAs for unnamed wind projects in Texas. The contracts will enable the start of construction of the two large-scale plants, both of which are expected to enter commercial operations in the middle of next year. The generated electricity will help offset the overall greenhouse gas (GHG) emissions of the firm’s US business, it said in a press release. Read more..

-- Verizon plans to go carbon neutral by 2035

Verizon Communications Inc (NYSE:VZ) recently announced a commitment to go carbon neutral by 2035 through a combination of measures, such as direct emissions reduction, the purchase of renewable energy and carbon offsets. For 2025, Verizon aims for a 50% carbon intensity reduction. Read more..

-- Westpac pledges to use 100% renewables by 2025, unveils solar PPA

Australian financial and banking group Westpac (ASX:WBC) has signed a PPA for the 100-MW/120 MW DC Bomen solar project in New South Wales. Under the 10-year off-take deal, Westpac will buy just over a quarter of the solar park’s output after the plant goes online in the middle of 2020. Read more..

-- Iron Mountain to power Texas, Illinois facilities with renewables

US enterprise information management expert Iron Mountain (NYSE:IRM) has signed new contracts to power its facilities in Texas and Illinois with 100% renewable power. Green energy solutions provider RPD Energy has structured deals for more than 25,000 MWh of electricity annually over a three-year period. Read more..

-- Axpo, Aquila unveil PPAs for 133 MW of Swedish wind

Axpo Nordic AS, a unit of Swiss utility Axpo, has agreed to buy the output of 133.2 MW of Swedish wind parks owned by German alternative investment manager Aquila Capital. Read more..

-- Hormel Foods to buy power from 74-MW wind farm in Nebraska

Minnesota-based Hormel Foods Corporation (NYSE:HRL) has signed a VPPA tied to a 74-MW wind farm that will be built in Nebraska. Read more..

-- Amazon goes greener with 229 MW wind power buy

US e-commerce giant Amazon.com Inc (NASDAQ:AMZN) intends to buy the output of three wind parks totalling over 229 MW in Ireland, Sweden and the US in support its sustainability targets. Read more..

More stories to explore
Share this story
About the author
Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription