News

Spanish utility Iberdrola and Amazon have signed a PPA to develop large-scale renewable projects in collaboration.

The European Union has drafted plans to extend the use of contracts that pay power plants a fixed price for electricity, as part of its power market reform to protect European consumers from big price swings.

In December last year, McDonald’s became the latest corporation to execute plans that reduce supply chain-related electricity emissions.

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.