PPA

Nucor, one of the US's largest steel product manufacturers, has just signed a 250 MW solar PPA with NextEra Energy Resources. The Sebree Solar project will bring USD 20 million in tax revenue to Kentucky and Nucor will also provide steel for a second solar site in Meade and Breckinridge counties. Construction begins this autumn with commissioning due in 2025.

Iberdrola and Vodafone have signed three Power Purchase Agreements (PPAs) to supply Vodafone with 410GWh of solar generated electricity. These PPAs will help both companies reach their net-zero targets and provide energy security. Three solar plants will be built in Spain and Germany with a capacity of 56MW by 2024. Both companies are committed to finding more sustainable energy solutions.

Les Mousquetaires, a leading agri-food producer in France, have signed a 95 MWp photovoltaic PPA to supply electricity to 1,000 of their facilities. This is the second largest corporate PPA in France to date, and a major step towards their carbon footprint reduction goals.

Atrato Onsite Energy has signed a Power Purchase Agreement (PPA) with OVO Energy, providing a three-year revenue stream and delivering 49GWh of clean energy per annum and saving 9,500 tonnes of CO2 emissions. Atrato Partners, led by Gurpreet Gujral, is proud to be supplying one of the UK's largest electricity suppliers.

Zabka Group has signed a 10-year PPA with Modus Asset Management, supplying 50 GWh of electricity annually from 65 MW of solar parks. The agreement marks Modus Asset Management's entry into the Polish PPA market and will help Zabka reduce Scope 1 and 2 emissions by 25% and carbon intensity by 70% by 2026.

Mytilineos SA has secured a 40-MW solar power purchase agreement (PPA) in Queensland, Australia. With the help of SmartestEnergy Australia, a unit of Marubeni Corp, the Kingaroy solar farm is under construction and expected to be operational by 2021. Mytilineos has 11.9 GW of assets in development globally, including 376 MW in Australia.

Alight has signed a PPA with Axfood for the largest solar park in Sweden, unlocking non-recourse project financing. SEB will provide the debt financing to build the 64MW park, which will be operational in 2024 and feature initiatives to promote biodiversity.

EDPR signs PPA with Google for four photovoltaic projects in The Netherlands. This agreement marks the first PPA secured by German solar developer Kronos Solar EDPR and sends a strong signal for its 5GW+ project pipeline. Now accelerating the production of clean energy in The Netherlands and other European markets.

European Energy has signed a 10-year Power Purchase Agreement (PPA) with Faerch Group to supply renewable energy from the 40MW Bubney Solar Farm. This partnership will reduce carbon emissions and improve sustainability for Faerch Group while providing a milestone for European Energy's UK energy operations.

Electricity distributor HERON and also Meton Energy have signed power purchase agreements (PPAs) for three solar energy projects in Greece

Carne project in New Mexico has offtake contracts with El Paso Electric (EPE) and also schedules online in 2025

Israeli renewables designer Enlight Renewable Energy Ltd (TLV: ENLT, NASDAQ: ENLT) has inked an agreement to supply power to a new office campus people software company Amdocs (NASDAQ: DOX).

Toyota Motor North America Inc claimed today it has signed a virtual power purchase agreement (PPA) with United States solar programmer Savion LLC to offtake 100 MW of energy from the latter's Martin County Solar Project in Kentucky.

Offtake agreements will fund three PV projects, which will certainly be established with PIF subsidiary Badeel

Japan's 77 Bank Ltd has actually authorized a power purchase agreement (PPA) with a wholly-owned unit of neighborhood utility Tohoku Electric Power Co Ltd in connection with a 2-MW solar project to be developed on unused land possessed by the loan provider.