WindEurope: “PPAs Provide Clean, Reliable and Competitive Power for the Corporate Off-Taker."

Wind Industry Profile of

A flurry of corporate renewable Power Purchase Agreements (PPAs) have been inked in recent weeks, providing major corporates with clean, reliable and competitively-priced power. The deals combine for a total of over 1 GW contracted in the last two weeks.

Today the Norwegian aluminium company, Norsk Hydro, announced a long-term PPA with Swedish wind power firm, Markbygden Ett AB. It will provide Norsk Hydro with an annual baseload supply of 1.65 TWh. The wind farm, owned by GE Energy Financial Services and Green Investment Group, will be built close to Piteå in northern Sweden. It is part of a larger project (Markbygden – 650 MW) that is being developed by Svevind. Just last week, Swedish utility Vattenfall signed a ten-year deal to power Microsoft's... ... More: Official Press Release WindEurope

Keywords:

PPA, Renewables , Renewable Energie, Wind Energy, Wind Power