PV has outpaced wind as the preferred choice for corporate buyers in the US, with utility-scale solar accounting for 58% of the total contracted clean power to date, according to trade body the American Clean Power Association (ACP).
California-based renewables operator SB Energy has sealed a 942MW power purchase agreement (PPA) with Google for power produced in four of its Texas-based solar projects. The power will be used to fuel a data centre in Midlothian, Texas.
Andor Savelkouls and Jonathan Bell of Altenex Energy, a subsidiary of Edison Energy, assess the flaws in how corporates currently procure renewable electricity, and how slight tweaks to the system can make it more accurate and cleaner.
French utility giant Engie has signed a 24/7 power supply agreement with Google for 140MW of carbon-free energy to its operations in Germany in an arrangement the companies have called a “first-of-its-kind”
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.
Amazon, Google, and Verizon bought more renewable energy than any other corporations in the US, according to a new report, which also claims that utility-scale solar power is the most popular fuel in the corporate space.
We caught up with Luca Pedretti, Pexapark's co-founder and chief operating officer, to discuss how PPAs are changing to accommodate more offtakers from a range of business sectors.
