News
Service and Others
February 16, 2022
US telecom giant AT&T inks 155 MW solar power deal with Vitol
US telecom giant AT&T announced on Tuesday that the company has struck a power purchase agreement (PPA) with energy trading company Vitol for 155 MW of solar electricity. The off-take deals involve 80 MW of solar energy from the Bluegrass PV plant in Quee
February 15, 2022Spain 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 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
January 26, 2022EU carbon prices could rally further amid sky-high gas prices: experts
The continuously increasing gas prices have turned European electricity generators to use more polluting coal-fired power and drive up demand for carbon permits. Analysts have thus upped their average price projections for carbon permits in Europe.
January 25, 2022Meta signs PPA with Apex for 225 MW wind project in Iowa
Meta, formerly known as Facebook, has sealed a deal to acquire wind energy from Apex Clean Energy under a power purchase agreement (PPA). The company will purchase the entire 225 MW capacity of the Great Pathfinder Wind project in Boone and Hamilton Count
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
January 21, 2022ADGM becomes world’s first ‘carbon neutral’ international financial center
The Abu Dhabi Global Market (ADGM) announced on Wednesday that it had achieved carbon-neutrality status by offsetting its 2021 carbon emissions. It is reportedly the world's first carbon-neutral international financial center.
January 21, 2022Singapore plans to increase carbon tax in 2022 budget
Singapore's Finance Minister Lawrence Wong has said in parliamentary interpellation that the government plans to raise the carbon tax in its 2022 Budget.
January 18, 2022BNEF report finds carbon offset prices could climb 50-fold by 2050
BloombergNEF, a strategic research provider, released its inaugural Long-Term Carbon Offset Outlook 2022, an annual analysis that will update the global carbon offsetting market trends and forecasts.
January 14, 2022European PPA prices surge 8% amid deepening energy crisis
According to new analysis from LevelTen Energy, a provider of renewable transaction infrastructure, Europe’s ongoing energy crisis has led to increases in renewable power purchase agreement (PPA) prices, which climb 7.8% quarter over quarter.