power purchase agreement

Slovenian Prime Minister Janez Janša and his Croatian counterpart Andrej Plenković talked about cooperation in gas supply and the Krško nuclear power plant as they met in the Croatian capital of Zagreb on Monday.
  • April 1, 2022
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It’s been another strong year for PPAs or Power Purchase Agreements in Europe. 2020 saw more than double (53) of PPAs signed compared to 2018 with ‌5.8 GW of CPPAs (Corporate Power Purchase Agreements). Spain and Germany seem to be the largest European markets for CPPAs.  
  • March 7, 2022
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Renewable energy PPAs (Power Purchase Agreement) are here to stay. For they decarbonize company operations and are too powerful a price hedging tool for corporates, traders, or utilities to avoid. Europe, in fact, recorded the highest yet, with the volume of PPAs signed in 2021 surpassing 3.5 GW over 2020 figures. Here are some of the biggest PPAs (power purchase agreement) that have grabbed the headlines, in no particular order.  
  • January 18, 2022
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TotalEnergies, a French oil giant has signed a major power purchase agreement with Amazon to supply their data centres with 100% renewable electricity. TotalEnergies has committed to supply 474MW of carbon-free energy to Amazon’s data centres in Europe and North America. In return, Amazon will provide its data management services to help speed up the oil giant’s digitization using its Digital Factory platform.
  • August 4, 2021
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The power purchase agreement extends to 10 years and involves European Energy supplying 3.8TWh power to Eesti Energia from three wind farms it is currently constructing in Lithuania
  • April 16, 2021
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Amazon, Google and Facebook signed Power Purchase Agreements amounting to 503 MW in Europe (Spain, Denmark and France respectively) last year. They are part of the growing 1.9GW worth of corporate renewable PPAs signed in Europe by 2020 first quarter.
  • April 8, 2021
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