Recent trends demonstrate a rapid growth in corporations directly buying renewable energy from wind, solar and other renewable energy generators.
PPAs
Corporations Directly Buying Renewable Power On The Rise
By Marc Campopiano, Kelley Gale, Michael Sullivan | Latham & Watkins LLPSign up and get Breaking Energy news in your inbox.
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Brazil’s federal government appears to be dedicating serious effort – at long last – to developing the country’s solar industry. Although Brazil has a population of nearly 200 million, it only has 42 MW of cumulative installed capacity. For the sake of comparison, that level of capacity is roughly on par with the state of… Keep reading →
It’s microscopic compared to the massive offshore wind farms that have been going up in European waters over the past decade, but Deepwater Wind’s Block Island project, 18 miles from mainland Rhode Island, is under construction. In the United States, that’s a first, and Jeffrey Grybowski believes the importance can’t be overstated. “This is what offshore… Keep reading →
The geothermal industry’s efforts to grab a bigger slice of the growing renewable energy pie met with some success in 2014, though that wasn’t reflected in the United States, where questions remain as to when – or if – geothermal might become more than a relatively small, regional player. Previewing its latest annual report, the… Keep reading →
Under pressure from greens, Amazon Web Services – the online retail giant’s market-leading cloud business – is moving to clean up its carbon act. AWS on Tuesday announced it would buy power under a 13-year contract from a wind farm that Pattern Energy will build in Indiana. The way some companies pay to get stadiums… Keep reading →
BrightSource Energy says the Ivanpah Solar Electric Generating System is doing just fine, and that all along the company expected the “power tower” concentrating solar plant in California to take four years to hit full stride. Meanwhile, the latest federal reports indicate that in the first three quarters of the year the plant produced a… Keep reading →
Energy News Roundup: Venezuelan Debt Default? FERC Investigates Polar Vortex and India’s 15GW-Solar Program
By Jared Anderson
Analysts and investors are trying to figure out the point at which oil prices fall too low for Venezuela to continue servicing its debt. The country’s export revenues are 95% oil reliant. “But this week’s fall in the oil price has further fomented worries of a possible default, pushing up Venezuelan bond yields to more than 18… Keep reading →
IEA: Renewables Growing But Not Fast Enough
By EEnergy Informer
Despite impressive gains, policy uncertainties prevail First, the good news: Global investments in new clean-energy capacity will total $1.61 trillion through 2020 according to the International Energy Agency’s (IEA) latest annual renewable report. The Paris-based agency predicts annual investment in wind, solar and biomass to average $230 billion. This will boost renewables’ contribution to about… Keep reading →
DOI Schedules Maryland Offshore Wind Energy Lease Sale
By EnerKnol Research
DOI has scheduled a lease sale for approximately 80,000 acres in the Maryland Wind Energy Area, estimated to support up to 1,450 MW of commercial wind generation. On July 3, 2014, the Department of Interior (DOI) announced that approximately 80,000 acres offshore Maryland will be offered for commercial wind energy development in an August 19… Keep reading →
Walmart’s green platform – headlined by the “aspiration” to source 100 percent of its energy from renewables – got major play last month when President Obama used a solar-panel-festooned California store as a backdrop to promote his own efforts to boost clean power and energy efficiency. But just ahead of the visit, former Labor secretary… Keep reading →
