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Swancor has signed a power purchase agreement (PPA) with Taipower for the Formosa 2 offshore wind farm.
Eneco has concluded a long-term power purchase agreement (PPA) for the SeaMade offshore wind project in Belgium.
French energy company Engie has signed a 4 year power-purchase agreement with OWP Arkona, a joint venture of E.ON and Equinor.
Norwegian energy company Statoil plans to sign a power purchase agreement with a U.S. utility by the end of 2018 in order to develop an offshore wind project off New York, a senior company official told Reuters.
Opponents of the US first offshore wind farm are trying to overturn the power purchase agreement between the developer Deepwater Wind and utility National Grid. Benjamin Riggs, Laurence Ehrhardt and the Rhode Island Manufacturers Association filed a case in federal court naming the costs as the main issue. According to the agreement, National Grid would […]
Cape Wind secured another major milestone with the approval by the Massachusetts Department of Public Utilities (DPU) of the 15-year Power Purchase Agreement (PPA) with NSTAR to buy Cape Wind's energy, capacity and renewable energy credits. Cape Wind President Jim Gordon said, "This decision helps secure the position of Massachusetts as the U.S. leader in […]
According to Care2 news portal, Maine’s Public Utilities Commission recently approved ORPC’s power purchase agreements (PPAs). The 20-year agreements with the tidal energy developer will generate electricity from its Cobscook Bay site in the Gulf of Maine. The company’s Maine Tidal Energy Project began to develop in March, when the bottom support frame for the first grid-connected […]
Following the NSTAR / Cape Wind long term Power Purchase Agreement with the Massachusetts Department of Public Utilities, the Cape Wind President Jim Gordon released the stetement : "Today's filing of the Cape Wind/Nstar Power Purchase Agreement is about moving forward to deliver energy, environmental and economic benefits to Massachusetts and New England electric consumers. […]
NRG, the parent company of Bluewater Wind, notified Delmarva Power it is cancelling the long-term power purchase agreement with Delmarva Power... (newarkpostonline) [mappress] Source: newarkpostonline, December 28, 2011
Hearings continued this week on the amended Power Purchase Agreement reached between Deepwater Wind and National Grid for electricity coming... by Jane Vercelli (blockislandtimes) [mappress] Source: blockislandtimes, August 09, 2010;
The state Public Utilities Commission will not rule on the latest motion to dismiss a case for a power-purchase agreement between offshore wind developer Deepwater Wind and National Grid until the final day of proceedings, Aug. 11.
The average cost of electricity produced by offshore wind could decrease by 15%, to USD 0.108/kWh, by 2022, or 4% per year, according to a new report by International Renewable Energy Agency (IRENA). The Renewable Power Generation Costs in 2018 report states that offshore wind projects in 2022 would mainly span the range USD 0.06 to USD 0.14/kWh, […]
Renewable energy consultancy and service provider Natural Power has acted as technical advisor to a consortium of Japanese investors for the agreement to acquire a 27% stake in the 640MW Yunlin offshore wind project in Taiwan. As reported earlier, Starwind Offshore GmbH, a German holding company established jointly between the Japanese companies Sojitz; JXTG Nippon Oil […]
RWE and Parkwind have signed a long term power purchase arrangement (PPA) under which RWE Supply & Trading GmbH will procure the electricity production from the 219MW Northwester 2 offshore wind farm. The German energy company intends to sell the electricity and guarantees-of-origin to its large industrial and municipal customers. The Northwester 2 wind farm will consist […]
Ørsted has signed a long-term agreement with Northumbrian Water that will see the water company take almost a third of its renewable energy demand from Race Bank offshore wind farm. The 10-year deal is the first Power Purchase Agreement (PPA) of its kind in the UK and is an expansion of a renewable electricity supply […]
National Grid has filed for regulatory approval of a 20-year contract for energy from Ørsted’s 400MW Revolution Wind offshore wind farm with the Rhode Island Public Utilities Commission (PUC). The contract price for energy and environmental attributes is a fixed, nominal price of US 9.8 cents per kilowatt-hour (US 7.4 cents per kilowatt-hour in 2017 […]
UK utility Centrica plc has entered into a long-term contract with Moray Offshore Windfarm (East) Ltd to trade and balance 76.7 percent of the electricity generated from the 950MW Moray East offshore wind farm. Centrica’s Energy Marketing and Trading division has signed a Power Purchase Agreement (PPA) that covers all Balance Responsible Party (BRP) services […]
Danish offshore wind developer Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million.
Ørsted and innogy have entered a power purchase agreement (PPA) under which Ørsted will offtake 100% of the power generated by the Triton Knoll offshore wind farm, for which innogy has now reached financial close.
Global healthcare company Novo Nordisk and bio innovator Novozymes have signed a long-term Power Purchase Agreement (PPA) with Vattenfall to source their electricity from the Kriegers Flak offshore wind farm, currently under construction off Denmark.
Bay State Wind and US healthcare provider Southcoast Health have begun negotiations on a power purchase agreement under which Southcoast Health would get electricity from Bay State Wind's proposed offshore wind farm in Massachusetts.
The developers of the commercial offshore wind farms in the Dutch Borssele Zone (which also comprises a demonstration site) are looking to sell electricity to corporations, according to Reuters.
Since 1 January 2017, the Technical University Delft and all Dutch office and manufacturing locations of the Unilever consumer goods group have been buying electricity generated by the Eneco Luchterduinen offshore wind farm.
Renewable energy accounts for 18% of primary energy consumption in the heating and cooling sector, WindEurope CEO Giles Dickson told the Hydrogen and Fuel Cells Joint Undertaking. Dickson addressed delegates of the Fuel Cell and Hydrogen Stakeholder Forum in Brussels. He highlighted that the transport and heating sectors will represent over 25% of energy demand […]
U.S. conglomerate General Electric (GE) has completed the EUR 9.7 billion (USD 10.7bn) purchase of Alstom’s power and grid businesses, GE's largest ever industrial acquisition, following the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan and Brazil. GE reached an agreement with Alstom in April 2014 to […]
Ming Yang has entered into share purchase agreements ("SPAs") pursuant to which it has acquired a 99% stake in China Smart Electric Group Limited ("China Smart"), a Cayman Islands company. China Smart owns all of the equity interest in Wise Renergy Holdings Limited, a Hong Kong company, which in turn owns all of the equity […]