Wind Energy Keyword: "purchase agreement"
Power Purchase Agreement (PPA)
Contract between two parties about the purchase of energy
A Power Purchase Agreement (PPA) is a contract between two parties about the purchase of energy: one party generates electricity and the other party purchases the electricity. Those contracts are often long-term to generate security.
The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination.
Source: Wikipedia
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Latest Wind Energy News
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Ilmatar to construct a new wind farm with a long-term Power Purchase Agreement 11/30/2023 -
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Ingka Group’s EUR 7.5 billion commitment to support the transition to a renewable future 11/30/2023 -
ENERCON and Finerge sign framework agreement for 1 GW fleet in operation 11/29/2023 -
Diverse Marine Launch UK First Finance & Lease Programme 11/29/2023 -
Ignitis Renewables signs its largest corporate PPA to supply renewable electricity to Umicore’s EV battery materials plant in Poland 11/06/2023 -
Statkraft acquires Spanish based renewables business Enerfin from Elecnor Group 11/27/2023 -
Air Liquide to reach 70% renewable energy sourcing in Benelux with new large PPA 10/30/2023 -
New report: Record Third Quarter for US Clean Energy Installations 11/03/2023 - >> more results
