What is a virtual power purchase agreement? How does it work? Virtual power purchase agreements, or VPPAs, are longer-term contracts between a large-scale energy purchaser, like BMS, and a developer of a renewable energy project, like National Grid Renewables or EDP, who dev...
(Reuters) - EDP Renewables North America said on Monday it has delivered three utility-scale solar projects and signed a long-term virtual power purchase agreement with tech giant Microsoft. Big Tech firms have devoted tens of billions of dollars to AI data center development ov...
--SKF has signed a Virtual Power Purchase Agreement in the next step towards its target of 100% renewable electricity by 2030. Under the long-term agreement with the global energy company Enel, SKF will purchase guarantees of origin for a period of 15 ye
(NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the signing of a virtual power purchase agreement (VPPA) with Endesa’s renewal subsidiarity, Enel Green Power España (EGPE). The VPPA agreement signifies a critical advancement ...
Greif Signs Virtual Power Purchase Agreement with Enel Green Power España to Accelerate Climate Action
ST. PAUL, MINN.—Ecolab Inc., a global leader in water, hygiene and infection prevention solutions and services, announced the signing of a virtual power purchase agreement that will support the construction and operation of a five-turbine wind farm on the west coast of Finland. ...
MADRID, Spain, February 28, 2024 /CSRwire/ -Schneider Electric,the global leader in digital transformation of energy management and automation, today announced a Virtual Power Purchase Agreement (VPPA) between global biopharma companyGSKandIGNIS, a Spanish integrated renewable energy gr...
Virtual Power Purchase Agreement (vPPA) aggregation has become an increasingly inviting opportunity for voluntary buyers, particularly for buyers who otherwise may not be able to transact in the space on their own. Aggregated procurements have the potential to offer positive...
US food company General Mills Inc (NYSE:GIS) has signed a virtual power purchase agreement (PPA) for 200 MW of electricity from a wind farm that will be built inTexas, it said on Tuesday. Image by: PRNewsfoto/General Mills. The 15-year contract concerns the Maverick Creek scheme, be...
A virtual power purchase agreement (VPPA) is a financial contract between a corporate buyer and the developer of a prospective renewable energy project with two aims. The project can both enable corporations to meet their sustainability goals and facilitate decarbonization across the electric grid. Und...