News

Online retail giant Amazon sets a record 8.3 GW of renewable power deals in 2022, giving it access to a 'utility-scale' total 20 GW-plus haul of green capacity, according to the US company.

US telecom giant Verizon has signed four new power purchase agreements (PPAs) to procure renewable energy.

The Swedish fashion company H&M has signed a power purchase agreement (PPA) for a solar park with Neoen and Alight to power its operations.

Pexapark, a Swiss renewable energy investment and consulting firm, said in a recent report on European PPAs that renewables “are the absolute winners of 2022 and the years to come in an environment of crisis and difficulties.”

Taiwanese companies are struggling to source renewable energy domestically due to shortfalls in supply and access to the grid, which may hinder its efforts to achieve its 2025 renewable energy goals, the global initiative RE100 said in a report.

Automaker Stellantis signed the second largest corporate power purchase agreement on record today to procure 400 MW of new solar development in Michigan under DTE Energy’s MIGreenPower program.

Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.

Germany’s plans to introduce a cap on power revenues and cut energy bills for one year will dampen interest in signing new power purchase agreements (PPAs) for the duration of the measures, according to analysts of consultancy Energy Brainpool.

Tech giant Microsoft has partneredwith Potentia and GreenGate for Paintearth Wind project in Canada under a 15-year power purchase agreement (PPA).

The Malaysian authorities have said that they will extend power purchase agreements from the fourth round of Malaysia’s large-scale PV tender from 21 to 25 years.