PPA

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 […]

A new platform for businesses to source renewable energy in the European market has been launched. The RE-Source Platform is said to be the first multi-stakeholder hub in Europe bringing together the interests of both renewable energy buyers and sellers. It will pool resources and co-ordinate activities to promote a better policy framework for renewable […]

Microsoft has announced plans to buy all the power from a new wind farm in Ireland. It has inked a 15-year power purchase agreement (PPA) with GE to buy electricity from its new 37MW Tullahennel wind farm in County Kerry. Each turbine will have an integrated battery to help generate “valuable data” on energy storage. […]

Everyone’s pretty au fait with the general shape of a PPA – renewable developer meets end user, and both live happily ever after with a mutually beneficial purchase agreement – but for many people the rest of the details are a little hazy. There’s a lot more to a PPA than just settling on a […]

For a small island that receives comparatively little sunshine, Great Britain has a remarkable history of paving the way for solar power. The nature of corporate/end-user power purchase agreements (PPAs) in the UK has certainly come a long way since the first one was signed in 2007. Decades of climbing prices had finally triggered demand […]

We’re all too aware of the pressures to improve CSR credentials and serious initiatives such as COP21 and RE100 have put carbon emissions reduction firmly back on the agenda for many businesses. Switching to renewable energy can certainly help organisations gain a greener competitive edge but do I think that any of the largest companies […]

If I said to a CFO, I will fix your transport costs or employment costs for the next 20 years…they’d rip my arm off, so why not power ? Given the choice, any sensible business will put into place appropriate measures to hedge against the rising costs of operations; from employment and transport costs to […]

Washington DC has signed a 20-year Power Purchase Agreement (PPA) with a green energy firm to supply 35% of the city’s electricity with wind power. Mayor Muriel Bowser announced the deal with Iberdrola Renewables earlier this week. It will supply Washington with around 125,000MWh of emission-free electricity every year, the equivalent electricity needed to power […]

A US energy efficiency project has helped save around $2.8 million (£1.8m) and cut energy waste across 10 million square feet. The Denver Housing Authority and the cities of Denver and Arvada, Colorado reduced waste in commercial buildings, public facilities and affordable housing. This was achieved by installing solar panels, switching to energy efficient lighting and equipment upgrades. […]