A Route To Immediate & Impactful Decarbonization With Short-Term PPAs
By Meghan McIntyre, Senior Energy Analyst at Zeigo
PPAs
How Aggregated PPAs Create Clean Energy Options for SMEs
Mid-sized companies are the engine of the global economy. The World Bank says small and medium-sized enterprises (SMEs) represent 90% of businesses globally. So, it’s safe to say that if we don’t get mid-sized companies on board, the energy transition won’t happen. Saying might be easier than doing. SMEs have … [continued]
Another New England Offshore Wind PPA Cancelled
Offshore wind projects in New England are being terminated as the cost of completing them has risen sharply this year.
Corporations & Renewables: Taking The Bull By The Horns
Commitment to sustainability has required untiring efforts from corporates. The race does not stop at 100% renewables. For taking up the sustainability reins, an attack is the best form of defense. At the beginning of this process, pragmatism was important. Corporate renewable energy pioneers were mainly focusing on standard corporate power purchase agreements (PPAs) and guarantees of origin (GOs). Now, sustainability leaders mainly focus on three areas: Location, supply chain, and synchronization of consumption and renewable energy supply.
Wind & Solar PPA Price Index Drops 2.3% in Q1 2019
The cost of commercial and industrial scale solar and wind power is still headed down. Power purchase agreement (PPA) contract prices examined in five independent energy distribution territories in the country showed indexed prices down by $0.39/megawatt-hour, or 2.3% during first quarter of this year compared with the fourth quarter of 2018, according to LevelTen Energy’s latest report in May.
Global Corporate Clean Energy Procurement Hits Record 13.4 Gigawatts In 2018
Corporations in the United States led the way for corporate clean energy procurement in 2018, according to figures released today by Bloomberg New Energy Finance (BNEF), with over 60% of the global 13.4 gigawatts (GW) signed, blowing away records set in 2017.
Google Seeking Renewable PPAs For New Danish Data Center
Internet giant Google announced on Tuesday that it will invest €600 million ($684 million) to build a new data center just outside the town of Frederica in western Denmark and that it is already seeking renewable energy Power Purchase Agreements to ensure the new project will be powered by 100% renewable energy.
US Solar Customers Prefer Solar Loans, Finds WoodMac
New research from Wood Mackenzie has found that solar loans were the preferred and dominant financing solution for residential solar systems in the United States through the first half of 2018, accounting for 42% and outperforming third-party-owned solar systems for the first time.
Facebook Commits To 100% Renewable Energy & 75% GHG Emissions Reduction By 2020
Facebook announced that it was upping the environmental ante on Tuesday by committing to reduce its greenhouse gas emissions by 75% and power its global operations with 100% renewable energy by the end of 2020.
AT&T Signs 300 Megawatt Wind Energy PPA With NextEra Energy Resources
American telecommunications giant AT&T has announced it has signed a new 300 megawatt (MW) Power Purchase Agreement (PPA) with Florida-based electricity supplier NextEra Energy Resources to accompany a previous 520 MW deal signed in February.
