Several utilities in Europe and the US, a gold miner, a paper company and major telecoms have recently signed power purchase agreements (PPAs) for wind, solar, battery storage, hydro and tidal energy. We start with the most recent stories.
-- Minesto signs PPA for 2.2 MW of tidal energy in Faroe Islands
Subscribe for Renewables Now's Corporate PPA Newsletter here for free!
Swedish marine energy developer Minesto AB has inked a PPA for up to 2.2 MW of installed tidal power generating capacity in the Faroe Islands. Read more..
-- Shell signs off-take deal for Europe's biggest battery of 100 MW
Shell Energy Europe Ltd will provide back-up electricity to the UK grid through purchasing power from a 100-MW battery storage facility that will be installed in England. Read more..
-- Geronimo Energy to sell power from 128-MW solar farm to Basin Electric
The Basin Electric Power Cooperative will be buying the entire output of a 128-MW solar park that Geronimo Energy will build in South Dakota’s Pennington County. Read more..
-- Engie Espana signs PPA to serve large industry in Spain, Portugal
Fortia Energia, a Spain-based energy platform representing large industry electricity consumers, has signed a PPA with Engie Espana to secure over 400 GWh per year for its customers in the Iberian Peninsula. Read more..
-- Deutsche Telekom ties up with Vattenfall in German PPA deal
A subsidiary of Deutsche Telekom will be buying electricity from a 60-MW solar park in Germany under a 10-year deal with Swedish utility Vattenfall. Read more..
-- Wpd to supply 4 TWh of wind power to Finnish paper company
Wpd AG has agreed to supply electricity to pulp and paper manufacturer UPM Kymmene from a 192-MW wind farm it is building in Finland. Read more..
-- Iberdrola to build 328 MW of Spanish PV under PPA with telco Orange
Iberdrola SA (BME:IBE) and French telecom group Orange SA (EPA:ORA) have signed a PPA that will in part support the development of a 328-MW solar project. Under terms of the PPA, the Spanish utility is to supply electricity to Orange’s operations in Spain for 12 years. Read more..
-- PGE, Avangrid seal 162-MW solar PPA in Oregon
Portland General Electric (NYSE:POR) has entered into a PPA with the renewables arm of Avangrid Inc (NYSE:AGR) for a 162-MW solar project in Oregon. Read more..
-- Approval sought for low-cost offshore wind PPAs in Massachusetts
The electric distribution companies (EDCs) in Massachusetts are seeking the state Department of Public Utilities’ approval of PPAs with Mayflower Wind LLC for the output of an 804-MW offshore wind farm. Read more..
-- Russia's RusHydro seals PPA with gold producer
Russian hydropower giant RusHydro (MCX:HYDR) has entered into a five-year bilateral PPA with a unit of gold producer Polyus (MCX:PLZL). Read more..