power purchase agreement

Idaho Power sets record low solar price in shift to 100% renewables

Idaho utility commits to supply 100% clean energy by 2045, starting with deal to buy 120MW from future solar project for US2.175¢/kWh – a potentially record-low cost in the US.

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Solar Bay inks deal to install solar on nine major shopping centres

Commercial renewables installer and financier inks deal with Real Asset Management to lease rooftops of nine of its suburban shopping malls in NSW and Qld, and fit them out with solar PV.

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Mt Gellibrand wind farm to help power Geelong oil refinery

Geelong fuel refiner and retailer Viva Energy announces PPA with Acciona Energy to source around one-third of its electricity a year from the 132MW Mt Gellibrand wind farm.

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CUB nears 100% renewables, as PPA with Karadoc solar farm kicks in

CUB now sourcing 90% of its electricity needs from solar, after its PPA with the 112MW Karadoc solar farm kicked in this week. Final 10% to be met with rooftop PV "soon".

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Major wine maker Australian Vintage inks solar and wind PPA with Flow Power

ASX-listed wine maker will source energy from solar and wind to operate its largest site – and Australia's third-largest winery – through a hybrid power purchase agreement with Flow Power.

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UTS to source half its electricity demand from Walgett Solar Farm

University of Technology Sydney inks deal with Epuron to buy the output of its 32MW Walgett Solar Farm in northern New South Wales.

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Global cruise ship company taps US wind power to offset emissions

Royal Caribbean Cruises will offset up to 12% of its emissions via deal with US energy company Southern Power to buy the output of a proposed 200MW wind farm.

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Heavy duty electric truck maker signs major wind power supply deal

Global industrial manufacturer Cummins – the US company that last year beat Tesla to the release of an electric semi truck – has inked a wind power PPA that will supply 50 per cent of its American power needs.

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What is a solar PPA?

Thinking of going solar? It's not all about panels on roofs. There are many benefits – economic and environmental – for businesses that choose to go solar via a power purchase agreement.

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Monash University signs off-take deal with Victorian wind farm

Monash commits to wind offtake deal that brings the university into powerful consortium of corporate buyers, and closer to target of 100% renewables.

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