Power Purchase Agreement

Shell has signed a Power Purchase Agreement (PPA) making it the sole recipient of energy from one of the UK’s largest solar power plants. The deal with clean power developer British Solar Renewables (BSR) will see it receive electricity from the company’s 69.8MW Bradenstoke solar farm in Wiltshire. The facility produces around 65GWh of power […]

Total Gas & Power (TGP) has teamed up with Reactive Technologies (RT) to create a new Power Purchase Agreement (PPA) for renewable generators. It aims to help overcome the challenges seen in the renewables industry as incentives have been removed and embedded benefits are coming under increased pressure. A PPA is a financial agreement where […]

One of Canada’s largest pipeline operators has bought a large-scale solar power plant. TransCanada is paying Canadian Solar $52 million (£33m) for the 10 megawatt (MW) solar plant in New Liskeard, Ontario. New Liskeard is a town which butts onto Lake Timiskaming. The Liskeard 1 power plant is the eighth solar project TransCanada has bought and […]

A Rome-based renewable energy company announced it has won two wind power contracts worth $485 million (£319m) in Mexico. Enel Green Power signed two power purchase agreements (PPA) with automotive supplier Delphi Automotive PLC and Mexican bank Banamex. It will sell the energy generated at the new Dominica wind farm which will start being built […]

The UK Government could save £84 million in energy costs in the next 20 years under a new deal signed today. The agreement between the Government Procurement Service (GPS) and Air Products include a 20-year fixed power purchase agreement (PPA) for the firm to supply 37MW of energy. As part of the deal, Air Products […]

The UK’s first solar farm to power a waste treatment plant has been built in Cambridgeshire. Solarcentury, which built the facility along with Lightsource Renewable Energy, said the 5MW solar park is expected to supply more than 70% of electricity to the AmeyCespa’s Mechanical Biological Treatment plant in Waterbeach. The farm, which has 20,000 solar […]