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    EDPR completes construction of Riverstart, Indiana’s largest solar farm

    EDPR completes construction of Riverstart, Indiana’s largest solar farm

    The smarter E Europe 2022: Focus on Green Hydrogen

    The smarter E Europe 2022: Focus on Green Hydrogen

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    EDPR signs project finance for six wind farms with an aggregate capacity of 149 MW

    Amazon Becomes Europes Largest Corporate Buyer of Renewable Energy

    Israels Econergy to Build 800MW Storage Space, 900MW Solar Capacity in UK

    Argentina reveals its nuclear new build plans

    Hungarian government partners with Framatome on nuclear innovation

    OMV and VERBUND begin construction on Austria's largest area photovoltaic plant

    Better Energy inks bundled PPA for new solar park in Denmark

    8minute Solar Energy secures $400m in financing from EIG

    8minute Solar Energy secures $400m in financing from EIG

    Iberdrola consolidates its position as the biggest driver of renewables in Spain with the installation of 2,000 new MW during the pandemic

    Iberdrola consolidates its position as the biggest driver of renewables in Spain with the installation of 2,000 new MW during the pandemic

    Cordelio Power Expands Into New York Market with SunEast Transaction

    Cordelio Power Expands Into New York Market with SunEast Transaction

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

  • Press Statements
    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

    GE's digital power transformers selected for multiple projects across the globe

    GE’s digital power transformers selected for multiple projects across the globe

    Serbia, Republika Srpska start construction on hydroelectric plant on Drina river

    GE Renewable Energy to refurbish generators at the historic Long Lake Hydroelectric Power Plant

    GE Renewable Energy and European Energy strengthen their partnership in Lithuania

    GE Renewable Energy and Continuum Green Energy sign another critical wind power project in India

    Heliogen Collaboration With CarbonCapture Inc to Develop Facilities That Remove Carbon Dioxide Directly from the Atmosphere

    Heliogen Collaboration With CarbonCapture Inc to Develop Facilities That Remove Carbon Dioxide Directly from the Atmosphere

    Construction begins on new units at two nuclear power plants in China

    China advances in nuclear power with world’s first small modular nuclear reactor

    Atlas and Hitachi to develop energy storage systems for renewable projects

    GE Renewable Energys Cypress onshore wind turbine selected for repowering project in the Netherlands

    Vattenfall's Hollandse Kust Zuid 1&2 wind power plant to be fitted with new 11 MW Siemens Gamesa turbines

    Siemens Gamesa clocks third major order for its 3.X platform with NIIF backed Ayana Renewable Power

    The smarter E - INTERSOLAR EUROPE 2022: 80 PERCENT ALREADY BOOKED

    The smarter E – INTERSOLAR EUROPE 2022: 80 PERCENT ALREADY BOOKED

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  • News
    EDPR completes construction of Riverstart, Indiana’s largest solar farm

    EDPR completes construction of Riverstart, Indiana’s largest solar farm

    The smarter E Europe 2022: Focus on Green Hydrogen

    The smarter E Europe 2022: Focus on Green Hydrogen

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    EDPR signs project finance for six wind farms with an aggregate capacity of 149 MW

    Amazon Becomes Europes Largest Corporate Buyer of Renewable Energy

    Israels Econergy to Build 800MW Storage Space, 900MW Solar Capacity in UK

    Argentina reveals its nuclear new build plans

    Hungarian government partners with Framatome on nuclear innovation

    OMV and VERBUND begin construction on Austria's largest area photovoltaic plant

    Better Energy inks bundled PPA for new solar park in Denmark

    8minute Solar Energy secures $400m in financing from EIG

    8minute Solar Energy secures $400m in financing from EIG

    Iberdrola consolidates its position as the biggest driver of renewables in Spain with the installation of 2,000 new MW during the pandemic

    Iberdrola consolidates its position as the biggest driver of renewables in Spain with the installation of 2,000 new MW during the pandemic

    Cordelio Power Expands Into New York Market with SunEast Transaction

    Cordelio Power Expands Into New York Market with SunEast Transaction

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

  • Press Statements
    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

    GE's digital power transformers selected for multiple projects across the globe

    GE’s digital power transformers selected for multiple projects across the globe

    Serbia, Republika Srpska start construction on hydroelectric plant on Drina river

    GE Renewable Energy to refurbish generators at the historic Long Lake Hydroelectric Power Plant

    GE Renewable Energy and European Energy strengthen their partnership in Lithuania

    GE Renewable Energy and Continuum Green Energy sign another critical wind power project in India

    Heliogen Collaboration With CarbonCapture Inc to Develop Facilities That Remove Carbon Dioxide Directly from the Atmosphere

    Heliogen Collaboration With CarbonCapture Inc to Develop Facilities That Remove Carbon Dioxide Directly from the Atmosphere

    Construction begins on new units at two nuclear power plants in China

    China advances in nuclear power with world’s first small modular nuclear reactor

    Atlas and Hitachi to develop energy storage systems for renewable projects

    GE Renewable Energys Cypress onshore wind turbine selected for repowering project in the Netherlands

    Vattenfall's Hollandse Kust Zuid 1&2 wind power plant to be fitted with new 11 MW Siemens Gamesa turbines

    Siemens Gamesa clocks third major order for its 3.X platform with NIIF backed Ayana Renewable Power

    The smarter E - INTERSOLAR EUROPE 2022: 80 PERCENT ALREADY BOOKED

    The smarter E – INTERSOLAR EUROPE 2022: 80 PERCENT ALREADY BOOKED

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Verizon signs power purchase agreements for renewable capacity

in News, Wind Energy
enercast Wins Nationwide Contract for Wind and Solar Energy Forecasts in Ukraine

US-based telecom company Verizon has signed seven new renewable energy purchase agreements (REPAs) for a total capacity of 910MW.

The company has signed four 15-year REPAs with Leeward Renewable Energy for a total of 640MW of clean energy.

Through the agreements, Verizon will buy clean energy generated by Leeward’s Blackford County Wind, Horizon Solar and White Wing Ranch Solar projects, as well as an unnamed 80MW wind project.

These wind and solar facilities are currently under development and are expected to be completed by the end of June 2024.

Leeward chief development officer Andrew Flanagan said: “We are excited to expand our established relationship with Verizon, which speaks to Leeward’s strengths as a partner in helping our nation’s leading companies meet their sustainability goals.

“We are pleased to be recognised as a company that safely and successfully delivers reliable wind, solar and energy storage solutions to innovative companies across the country.”

In addition, Verizon has signed a 15-year REPA with Duke Energy Sustainable Solutions for a total of 180MW of capacity. The company also signed two 15-year agreements with Lightsource bp to purchase around 90MW of clean energy capacity.

Verizon executive vice-president and CFO Matt Ellis said: “We are proud to achieve this key milestone in the transition to renewable energy.“These new agreements will be funded by our third $1bn green bond, which we issued in September last year, and are fundamental to the company’s ongoing efforts to be net-zero in its operational emissions (scope I and II) by 2035.”

The REPAs will be used to fund seven new solar and wind facilities that Verizon is currently developing.

They will also help the company achieve its target of either sourcing or generating clean energy equivalent to 50% of its annual power consumption by 2025.

In April 2020, Verizon signed virtual power purchase agreements with Clearway Energy Group and Invenergy.

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