ppa

The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardised contracts could solve, but the industry is still a “long way off” from introducing them.

Tech giant Google has signed its first power purchase agreement in Asia, according to a statement from the company released on Tuesday evening.

Spanish energy sourcing platform Fortia Energia has signed a 10-year power purchase agreement (PPA) with Norwegian renewables firm Statkraft for power supply to large industrial customers in Spain and Portugal, mainly from Statkraft's wind and solar portfolio.

Australian renewables and storage developer Edify Energy has secured a power purchase agreement for part of the output of its 275MW Darlington Point Solar Farm in New South Wales.

The developing post-subsidy solar market in Europe has taken another step forward with the news that UK-based investor Octopus has extended five power purchase agreements in Italy with renewable energy trader EGO Group.

Oil major Shell has signed a power purchase agreement (PPA) for a 70.5MW portfolio of unsubsidised solar projects in Italy.

ExxonMobil will power operations at its Permian oil field in Texas with 250MW of wind and 250MW of solar power.

The US government's Overseas Private Investment Corporation (OPIC) has provided US$6 million of debt for a commercial and industrial scale solar fund.

French power giant ENGIE has signed a 15-year power purchase agreement (PPA) to supply energy from a 130MW solar PV plant to steel producer, Gerdau, in northern Mexico.

French energy giant ENGIE has signed power purchase agreements for two solar power plants in Senegal.