News

European wind prices have continued to rise by 35% over the last six months, as project developers face permitting barriers and rising costs that have pushed up prices, according to LevelTen Energy's Q1 PPA Price Index.

Google has signed new Power Purchase Agreements (PPAs) for wind energy in Belgium and the Netherlands in an effort to run 24/7 clean energy by 2030.

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.