Amazon, Covestro, JFK Airport, Facebook and several other companies announced new power purchase agreements (PPAs) for renewable power in the last few weeks. We start with the most recent stories.
-- Amazon secures 322 MW of renewables in European PPA spree
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Amazon.com Inc (NASDAQ:AMZN) has gone on a spree to sign PPAs, supporting close to 200 MW of solar power in Spain and 122 MW of new Swedish onshore wind. These are projects by Germany’s Encavis AG and UK oil and gas group BP plc. Read more..
-- Voltalia to build 10-MW solar park to serve new PPA with French bank
French renewables company Voltalia SA (EPA:VLTSA) has formed a partnership with local bank Credit Mutuel Alliance Federale that will lead to the signing of a 25-year PPA. Read more..
-- Statkraft, Enerparc ink PPA for 52 MWp of solar in Germany
Norwegian state-owned energy company Statkraft AS and US solar developer Enerparc Inc have reached a 12-year PPA for five solar projects with a combined capacity of about 52 MWp in Bavaria, Germany. Read more..
-- Germany's Covestro strikes world's largest offshore wind PPA
Denmark’s Ørsted A/S (CPH:ORSTED) has announced that German polymer materials supplier Covestro AG (ETR:1COV) would buy a portion of the electricity generated by the 900-MW Borkum Riffgrund 3 offshore wind complex. Covestro has entered into a 10-year corporate PPA with Ørsted for a 100-MW portion of this subsidy-free project. Read more..
-- EDF, Shell seal 132-MW solar PPA in California
Shell Energy North America US LP (SENA) will buy the output of another 132-MW portion of EDF Renewables North America’s 500-MW Palen solar project in California. Read more..
-- AES Tiete inks wind PPA with Anglo American for 79 MWa
Brazilian energy firm AES Tiete Energia SA (B3:TIET11) has signed a PPA with Anglo American Niquel Brasil Ltda for 79 MWa. The PPA with the local unit of mining multinational Anglo American plc (LON:AAL) will become effective in 2022 for a period of 15 years. Read more..
-- X-Elio, Nexus Energia seal PPA for 50-MW solar project
Spain-based solar developer and operator X-Elio has signed a PPA with local energy provider Nexus Energia that allows it to build a 50-MW solar plant in the Almeria region. Read more..
-- Innergex inks PPA for 200-MW solar park in Ohio
Canada’s Innergex Renewable Energy Inc (TSE:INE) has sealed an off-take deal for electricity that will be produced from a 200-MW solar photovoltaic (PV) project in Ohio. The long-term PPA was signed with an unnamed investment-grade US corporation. Read more..
-- EDP secures 96-MW wind PPA in Brazil
Portuguese power utility EDP - Energias de Portugal SA (ELI:EDP) has signed a PPA for 96 MW of new wind power generation in Brazil. Read more..
-- Melbourne tender to award aggregated PPA for 113 GWh/yr
A group of seven universities and business organisations in Melbourne, Australia, have been granted permission to hold a tender to collectively purchase 113 GWh of renewables power per year under an aggregated PPA. Read more..
-- Ohio rejects proposed customer charge for 400 MW of solar projects
The Public Utilities Commission of Ohio (PUCO) has rejected a request by the Ohio unit of US utility American Electric Power Company Inc (NYSE:AEP) to use a non-bypassable customer charges to support two solar power projects totalling 400 MW. According to the Natural Resources Defense Council, the projects could still be executed, but AEP would need to secure contracts with cities, corporations or other big buyers of the power from the solar farms. Read more..
-- Grenergy signs PPA with Galp for successive PV projects in Spain
Grenergy Renovables SL (BME:GRE) has signed a PPA with energy company Galp Espana, securing an off-taker for 200 MW of solar photovoltaic (PV) projects in Spain. Read more..
-- Facebook seals 61.6-MW solar PPA with Apex
Social media giant Facebook (NASDAQ:FB) has signed an off-take deal to buy the electricity generated by a 61.6-MW portion of an 80-MW solar park in Virginia, owned by Apex Clean Energy. Read more..
-- JFK Airport going solar with SunPower, Goldman Sachs' help
US company SunPower Corp (NASDAQ:SPWR) will install 13 MW of solar power capacity and 7.5 MW of energy storage at John F. Kennedy International Airport under a project led by The Port Authority of New York and New Jersey. Read more..
-- Audax inks PPA with Innogy for 50-MW of Spanish solar
Spain’s Audax Renovables SA (BME:ADX) has signed a PPA with German energy company Innogy SE (ETR:IGY) to secure electricity from the 50-MW Alarcos solar photovoltaic (PV) park in Ciudad Real, in the Spanish region of Castile-La Mancha. Read more..
-- AEP seeks bids for wind, solar off-take deals
US utility American Electric Power Company Inc (NYSE:AEP) is looking to buy electricity from new solar and wind projects in the PJM power market that will go online no later than 2023. Read more..