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Green Policy
February 15, 2022
Spain calls on EU to provide financial guarantees for long-term PPA
According to eldiario.es, a Spanish online newspaper, the Spanish government has asked the European Investment Bank (EIB) to give financial guarantees for long-term fixed-price renewable energy supply contracts, known as Power Purchase Agreements (PPAs).
February 14, 2022Scotiabank and Evolugen ink 15-year solar power purchase agreement in Alberta
Scotiabank announced the signing of a 15-year renewable energy power purchase agreement with Evolugen, the Canadian renewable energy company, for solar energy in Alberta from a new, to-be-constructed 40 MW project.
February 11, 2022Long-term PPA deal may be squeezed by high energy price, Pexapark says
Pexapark, a Swiss PPA advisory, published a new report on Thursday stating that the energy price volatility observed at the end of 2021 will have a long-term impact on the green energy power purchase agreement (PPA) market, including a drop in long-term c
February 10, 2022Corporate clean energy purchases hit record in 2021, says BNEF
According to Bloomberg New Energy Finance, global corporations purchased 31.1 GW of clean energy through power purchase agreements in 2021, reaching new record high. Purchases are up roughly 24% from the previous record year of 25.1 GW in 2020.
February 09, 2022Element Critical inks PPA with NextEra Energy in Texas
Element Critical, a leading provider of data center solutions, has inked a power purchase agreement with NextEra Energy Resources, making its Houston and Austin co-location data centers powered by 100% renewable energy.
February 08, 2022Nord Pool to pilot hourly matching of renewables in UK
To support renewable energy matching, energy exchange Nord Pool and start-up Granular plan to launch an auction system for hourly guarantees of origin (GOs) transaction in the third quarter, as part of a pilot project for establishing 24/7 renewable energ
January 28, 2022Seven Eastern Europe countries to adopt EU Guarantees of Origin
On January 26, the Energy Community revealed its plan to create an electronic system for Guarantees of Origin (GOs) in Albania, Bosnia and Herzegovina, Georgia, Kosovo, Moldova, Montenegro, and Ukraine.
January 27, 2022Latin America sees surging demand for I-RECs amid renewables expansion
In Latin America, high levels of renewable energy have raised demand for International Renewable Certificates (I-RECs), particularly in countries with substantial hydroelectric resources. These certificates are still in early stage in the area. However, t
January 24, 2022Better Energy inks solar PPA with 12 firms in Denmark
Better Energy, a Danish developer, has signed a power purchase agreement with a group of 12 companies who have formed a partnership with Energi Danmark. The deal will allow Better Energy to build a solar park in Denmark.
January 21, 2022Verizon signs seven virtual PPA for 910 MW of new renewables
On January 20, US telecom provider Verizon announced seven new renewable energy purchase agreements for an aggregate of approximately 910 MW of renewable energy capacity. The deals are expected to finance the powering of seven solar and wind facilities un