levelten

For the first time in two years, European solar power purchase agreements (PPAs) have dropped during the first quarter of 2023.

LevelTen Energy, a US firm that has developed a platform for renewable energy asset transactions, has secured the backing of Google as part of a US$35 million Series C funding round.

COVID-19 has had a minimal impact on Power Purchase Agreement (PPA) offer prices, according to research from LevelTen Energy.

Coffee giant taps LevelTen platform to buy 146MW of solar and wind in North Carolina, Texas and the US Southwest, with plans for supply to begin in 2021.