Power purchase agreement

D. E. Shaw Renewable Investments' 180 Megawatt Cove Mountain Solar Projects Achieve Commercial Operation in Utah

Wednesday, April 14, 2021 - 5:00pm

"These are the first of DESRI\'s renewable energy projects in Utah to reach commercial operation, representing an important milestone in our mission to expand the production of clean, cost-effective energy in Utah.

Key Points: 
  • "These are the first of DESRI\'s renewable energy projects in Utah to reach commercial operation, representing an important milestone in our mission to expand the production of clean, cost-effective energy in Utah.
  • "\nCove Mountain and Cove Mountain 2 have long-term power purchase agreements (PPAs) with PacifiCorp on behalf of Facebook, providing Facebook\'s data center operations with new solar resources.
  • "\nCove Mountain and Cove Mountain 2 represent two of DESRI\'s nine projects that are currently operating, under construction or have signed PPAs in Utah.
  • DESRI\'s portfolio of contracted renewable energy projects currently includes 75 wind and solar projects across 32 states with 5,372 MWac of aggregate capacity.

BluEarth Renewables Signs Long-Term Power Purchase Agreement with Shell Energy for Hand Hills Wind Project in Alberta

Thursday, April 8, 2021 - 2:00pm

Calgary, Alberta--(Newsfile Corp. - April 8, 2021) - BluEarth Renewables, through its subsidiary, BER Hand Hills Wind LP, ("BluEarth") today announced the signing of a long-term Power Purchase Agreement ("PPA") with Shell Energy North America (Canada), Inc. ("Shell Energy").

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - April 8, 2021) - BluEarth Renewables, through its subsidiary, BER Hand Hills Wind LP, ("BluEarth") today announced the signing of a long-term Power Purchase Agreement ("PPA") with Shell Energy North America (Canada), Inc. ("Shell Energy").
  • The PPA will directly support the construction of the 130 MW Hand Hills Wind Project (the "Project"), located northeast of Drumheller, Alberta.
  • "The Hand Hills Wind Project is the fourth construction project we've announced in Alberta within the last 12 months.
  • "We're pleased to be working with BluEarth to enable the development of the Hand Hills Wind Project in Alberta by purchasing renewable power," said Carolyn Comer, Senior Vice President Shell Energy Americas.

EQS-News: Phanes Group signs both Power Purchase Agreement and Investment Agreement to develop 200 MWАС solar power plant in Uzbekistan

Tuesday, April 6, 2021 - 9:00am

Dubai - UAE, 6 April 2021: Phanes Group (www.PhanesGroup.com), an international solar energy developer, headquartered in Dubai, signed a Power Purchase Agreement (PPA) and Investment Agreement (IA) for a 200 MW grid-connected solar PV plant in Nurata, Navoi Region.

Key Points: 
  • Dubai - UAE, 6 April 2021: Phanes Group (www.PhanesGroup.com), an international solar energy developer, headquartered in Dubai, signed a Power Purchase Agreement (PPA) and Investment Agreement (IA) for a 200 MW grid-connected solar PV plant in Nurata, Navoi Region.
  • The signing of the PPA with National Electric Grid of Uzbekistan, IA with the Ministry of Investment and Foreign Trade, with Phanes Group took place on 1 April 2021.
  • "We welcome today's Power Purchase and Investment Agreements between the Government of Uzbekistan and Phanes Group.
  • Ravnaq-bank JSC will act as a coordinator between Phanes Group, the international developer of solar energy, and the state organizations of Uzbekistan.

DGAP-News: Energiekontor with strong annual result in 2020

Wednesday, March 31, 2021 - 7:00am

Energiekontor looks back on a very successful 2020 financial year in operational terms.

Key Points: 
  • Energiekontor looks back on a very successful 2020 financial year in operational terms.
  • In 2020, two wind farms and four solar farms with a cumulative capacity of 44 MW were commissioned.
  • With the conclusion of further PPAs (power purchase agreements), Energiekontor once again lived up to its pioneering role in this area.
  • Energiekontor was very successful in the Federal Network Agency's tenders in 2020 and was awarded a total of 117.5 MW (wind & solar).

Capital Dynamics and Hoosier Energy Sign 150MW Solar Energy Power Purchase Agreement

Monday, February 22, 2021 - 1:00pm

NEW YORK and BLOOMINGTON, Ind., Feb. 22, 2021 /PRNewswire/ --Capital Dynamics CEI, the Clean Energy Infrastructure (CEI) business line of Capital Dynamics, an independent global private asset management firm, and Hoosier Energy, a generation and transmission cooperative, today announced the signing of a long-term Power Purchase Agreement (PPA).

Key Points: 
  • NEW YORK and BLOOMINGTON, Ind., Feb. 22, 2021 /PRNewswire/ --Capital Dynamics CEI, the Clean Energy Infrastructure (CEI) business line of Capital Dynamics, an independent global private asset management firm, and Hoosier Energy, a generation and transmission cooperative, today announced the signing of a long-term Power Purchase Agreement (PPA).
  • Under the terms of the PPA, Hoosier Energy will purchase 150-megawatts (MW) of the power generated by the Ratts 2 Solar Project, a CEI-owned greenfield solar project that is currently being developed in Knox County, Indiana.
  • "The Tenaska Solar Ventures team looks forward to working with Capital Dynamics to complete development and bring this project to fruition."
  • Arevon Energy Management (AEM) is an independent company with an exclusive partnership with the Capital Dynamics' Clean Energy Infrastructure platform.

DGAP-News: Energiekontor and EnBW conclude another long-term power purchase agreement for a large solar park

Wednesday, February 10, 2021 - 7:01am

EnBW Energie Baden-Wrttemberg AG and Energiekontor AG have again concluded a long-term power purchase agreement (PPA) for a solar park planned by Energiekontor.

Key Points: 
  • EnBW Energie Baden-Wrttemberg AG and Energiekontor AG have again concluded a long-term power purchase agreement (PPA) for a solar park planned by Energiekontor.
  • The power purchase agreement now concluded between EnBW and Energiekontor is the second between the two partners.
  • The latest agreement stipulates that EnBW will purchase 100 per cent of the electricity at a fixed price.
  • With the current power purchase agreement, we and our partner Energiekontor are once again demonstrating that large solar parks can be realised in Germany without state subsidies.

Government of Quebec Signs New Wind Power Purchase Agreement

Thursday, February 4, 2021 - 5:33pm

RES wind project sold to First Nation Partnership; Secures Power Purchase Agreement

Key Points: 
  • RES wind project sold to First Nation Partnership; Secures Power Purchase Agreement
    MONTREAL, Feb. 4, 2021 /PRNewswire/ -- RES is pleased to announce that Hydro-Quebec has signed aPower Purchase Agreement with Parc olien Apuiat S.E.C., a partnership between the Innu First Nation communities in Quebec and Boralex Inc.
  • The Partnership is concurrently purchasing the 200MW wind project from RES, which is located in the Cte-Nord region ofQubec, Canada.
  • RES wind project sold to First Nation Partnership; Secures Power Purchase Agreement with Government of Quebec
    RESlaunchedthe development of the site in 2012and teamedin 2016 withBoralexto develop the Apuiat project.
  • RES has secured 1.5 GW of power purchase agreements (PPAs) enabling access to energy at the lowest cost.

New Fortress Energy to Acquire Power Purchase Agreements and Build LNG-to-Power Project at the Suape Port in Brazil

Wednesday, January 13, 2021 - 12:58pm

(CCETC) to acquire 288MW of 15-year power purchase agreements (PPAs) and intends to develop an LNG terminal and gas-fired power plant at the Suape Port in Brazil.

Key Points: 
  • (CCETC) to acquire 288MW of 15-year power purchase agreements (PPAs) and intends to develop an LNG terminal and gas-fired power plant at the Suape Port in Brazil.
  • The Suape Port provides an ideal location for NFE to bring clean and affordable energy to a rapidly growing region of Brazil, said Wes Edens, Chairman and CEO of New Fortress Energy.
  • Our LNG terminal and gas-fired power plant will advance the clean energy transition in the state of Pernambuco and the wider Northeast region of Brazil.
  • New Fortress Energy is a global energy infrastructure company founded to help accelerate the worlds transition to clean energy.

DGAP-News: Energiekontor concludes power purchase agreements (PPAs) for existing wind farms

Wednesday, January 13, 2021 - 7:01am

Energiekontor provides operational management services for wind farms and solar parks with a nominal output of more than 1 GW.

Key Points: 
  • Energiekontor provides operational management services for wind farms and solar parks with a nominal output of more than 1 GW.
  • In future, the electricity generated will be remunerated on the basis of bilateral power purchase agreements (PPAs) concluded with energy supply companies or other industrial customers.
  • In recent weeks, Energiekontor has concluded a series of PPAs for 22 existing wind farms with a total of 123 wind turbines and a total output of around 120 MW.
  • In addition, Energiekontor operates wind and solar farms with a nominal output of almost 280 megawatts in its own portfolio.

New Power Provider Serves City of Camden

Monday, January 11, 2021 - 9:55pm

The new year marked a change in electric service providers for the City of Camden, S.C. Carolina Power Partners (CPP), the leading independent wholesale electric provider in the Carolinas, began delivering reliable, low-cost power to Camden on January 1, 2021.

Key Points: 
  • The new year marked a change in electric service providers for the City of Camden, S.C. Carolina Power Partners (CPP), the leading independent wholesale electric provider in the Carolinas, began delivering reliable, low-cost power to Camden on January 1, 2021.
  • Camden is one of 12 cities in the Carolinas to enter into a long-term power purchase agreement (PPA) with CPP.
  • We are extremely proud to start our full requirement energy service for the City of Camden, said TJ Higgins, CPPs Asset Manager.
  • The City of Camden is responsible for providing electric power and service to approximately 10,000 customers in portions of three counties of South Carolina (Kershaw, Lee and Sumter).