RECs

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.

Renewables Secured: EVgo Contracts 100% Renewables For Customer Charging

EVgo has become the first EV charging network in the United States to contract 100% of the energy needed to power its customers with renewable energy this week. This was made possible thanks to a host of new renewable energy purchase contracts and Renewable Energy Credit purchases that all of the electricity consumed by customers on its charging network directly support renewable energy generation.