Round-up of renewable energy PPA news (Nov 26-Dec 9)
Wind park. Photo by: Lincoln Clean Energy (www.lincoln-clean-energy.com).
In the last two weeks news about new power purchase agreements (PPAs) for renewable energy came mainly from the US, but also from Brazil, Spain and Africa. We start with the most recent ones.
-- Salt River Project, Intel ink 100-MW solar PPA
Arizona not-for-profit public utility Salt River Project (SRP) has signed a PPA for a planned 100-MW solar park at its home state with tech giant Intel Corp (NASDAQ:INTC). The photovoltaic (PV) plant will be built by sPower.
-- Shell to get 100 MW of wind under new California PPA
Shell Energy North America US LP has agreed to buy up to 100 MW of electricity from a California wind project being developed by Terra-Gen LLC. The long-term PPA has been signed with Coachella Hills Wind LLC for a project of the same name.
Spain's Solaria Energia y Medio Ambiente has secured a 50-MW solar PPA with Repsol SA (BME:REP). It will have a seven-year term, starting with the commissioning of the Spanish photovoltaic (PV) plants.
-- Air Liquide inks PPA for Texas wind from NextEra
Air Liquide SA (EPA:AI) has agreed to buy power from a wind park in Texas that NextEra Energy Resources LLC will put online near the end of 2020. The long-term PPA is for 50 MW from a project under development in Menard County.
-- Ørsted secures 500 MW of wind, solar PPAs with ExxonMobil
Danish utility Ørsted (CPH:ORSTED) will supply power from 500 MW of wind and solar parks in Texas for the operations of US oil and gas major ExxonMobil Corp (NYSE:XOM) in the Permian Basin. Through its US subsidiary Lincoln Clean Energy, the Danish company will supply 250 MW from the 300-MW Sage Draw wind farm and 250 MW from the 350-MW Permian solar photovoltaic (PV) complex.
-- Resolute Mining to get solar hybrid power plant at Mali gold mine
Ignite Energy Projects Pty Ltd will build and operate in Mali a 40-MW power plant combining solar photovoltaic (PV), battery and heavy fuel oil (HFO) technologies to power Resolute Mining Ltd’s (ASX:RSG) Syama Gold Mine operations.