power purchase agreements

Internet connection and data centre provider Equinix has signed five power purchase agreements (PPAs) in Spain with a capacity of 225MW.

Energy company AES Corporation expects to complete 3.4GW of new renewable energy projects globally in 2023.

A round-up of the latest news from the power purchase agreement market, including a virtual PPA between EDF and Thermo Fisher Scientific in Texas, Engie signing a 116MW PPA with Digital Realty in Germany and PG&E securing 30MW of community solar PPAs.

The renewable energy arm of German industrial conglomerate Baywa Group has sold three solar plants in Spain with a total capacity of 115MW to L&G NTR Clean Power Fund, a new vehicle managed by Legal & General Investment Management and asset manager NTR.

The fifth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme has signed power purchase agreements with 13 solar PV projects.

Energy technology company AES Corporation has signed 1.6GW of renewable PPAs during Q3 2022, bringing the total to 3.2GW this year.

EDP Renewables North America has started construction on a 240MW utility-scale solar PV project in Milam County, Texas.

US solar developer Pine Gate Renewables has signed power purchase agreements (PPAs) for 1GW of utility-scale solar PV in late-stage development in the US

Solar PV has made nearly half of all new investments in renewable power in 2021, according to the International Energy Agency (IEA).

State-owned utility GUVNL has opened a tender for renewables paired with energy storage to bring off-grid electricity in Gujarat, India.