POWER Magazine•23 days ago
Google Has PPAs for Solar Power from Renewable Energy Group
Key Takeaway
Google's new solar PPAs in Texas underscore the sustained corporate demand for utility-scale renewable energy, providing clear market signals and opportunities for developers in active power markets.
AI Summary
- •Google has secured Power Purchase Agreements (PPAs) for electricity from two new solar installations in Texas.
- •The PPAs are with a Maryland-headquartered utility-scale developer, owner, and operator specializing in solar and energy storage projects.
- •This transaction highlights the continued strong corporate demand from large technology companies like Google for utility-scale renewable energy.
- •For developers and IPPs, it signals ongoing opportunities for securing long-term contracts with creditworthy off-takers in active power markets like ERCOT.
Topics
datacenterercotfinancingppasolarstorage
Article Content
A Maryland-headquartered utility-scale developer, owner, and operator of solar power and energy storage projects said it has power purchase agreements (PPAs) with technology giant Google for the electricity from two Texas solar installations. The post Google Has PPAs for Solar Power from Renewable Energy Group appeared first on POWER Magazine .