Product Announcement: LevelTen Performance Monitoring for PPAs

Product Announcement: LevelTen Performance Monitoring for PPAs

The renewable energy procurement platform LevelTen Energy released a new feature called Performance Monitoring that the company says provides instant access to critical data for managing one or more power purchase agreements (PPAs).

Facebook Signs Power Purchase Agreement to Use Energy from Largest Single-Site Wind Project in US

Facebook Signs Power Purchase Agreement to Use Energy from Largest Single-Site Wind Project in US

Ares Management Corporation’s Infrastructure and Power strategy and Apex Clean Energy announced today that Aviator Wind East, an approximately 200 MW portion of the 525 MW Aviator Wind project located in Coke County, Texas, has executed a renewable power purchase agreement (PPA) with Facebook.

Enel Green Power Signs 12-Year Virtual Power Purchase Agreement with Gap Inc.

Enel Green Power Signs 12-Year Virtual Power Purchase Agreement with Gap Inc.

Global apparel company Gap Inc. recently announced that it signed a 90 Megawatt (MW) virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of the largest offsite renewable energy contracts by an apparel retailer.

Report: 2019 on Pace for Record Number of Corporate Power Purchase Agreements

Report: 2019 on Pace for Record Number of Corporate Power Purchase Agreements

Corporations signed contracts to purchase 8.6GW of clean energy in 2019 through July. This is up from 7.2GW at the same time last year. Overall, 2019 is on pace to be bigger than 2018 for corporate PPAs globally, according to a new report from BloombergNEF. The U.S. made up 69% of this activity – it is by far the biggest market globally.

San Jose Signs PPA for 100 MW of Solar and 10 MW Battery Storage

San Jose Signs PPA for 100 MW of Solar and 10 MW Battery Storage

San Jose Clean Energy, the city’s new electricity generation service provider, signed a 20-year power purchase agreement (PPA) with EDP Renewables North America for 100 megawatts of solar energy and 10 MW of battery storage.

Developers Cite ‘Cost of Capital’ in Renewable PPA Pricing

Developers Cite ‘Cost of Capital’ in Renewable PPA Pricing

Utility-scale renewable energy project developers with active projects in LevelTen’s marketplace have started to cite “cost of capital” as the main factor affecting their prices. In LevelTen Energy’s Q2 2019 PPA Pricing Index, 9% of the 33 developers surveyed named it as the number one factor.

Mondelez International Signs VPPA for 65 MW from Texas Solar Farm

Mondelez International Signs VPPA for 65 MW from Texas Solar Farm

Mondelez International signed a virtual power purchase agreement (VPPA) with Enel Green Power North America for a 65-MW portion of the renewable company’s Roadrunner solar farm in Texas. The snack-maker says this deal will slash 80,000 metric tons of carbon dioxide emissions.

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