Power Marketing & Trading

Renewable and utility developer Invenergy has acquired the Atlantic Power Transmission (APT) project from Blackstone, relaunching the New Jersey transmission initiative as Jersey Link, to support New Jersey’s offshore wind goals.

Ørsted’s 132MW South Fork project has become the first offshore wind farm to plug into New York’s power grid, and Vineyard Wind completed its first five wind turbines as the projects go head-to-head to become the first full utility-scale offshore wind farm in the US.

Energy and storage provider FirstLight has signed a 5-year power purchase agreement (PPA) with the Massachusetts Municipal Wholesale Electric Company (MMWEC) to provide 14 state municipal utilities with 69GWh of hydropower.

Although an issue facing the whole energy sector, transmission and grid connectivity for the offshore wind industry has reached a whole new level of complexity.

Investment manager Kimmeridge Energy Management’s carbon capture-focused vehicle Kimmeridge Carbon Solutions, has teamed up with UK-based decarbonization development business Storegga to advance carbon capture usage and storage (CCUS) projects.

Renewable power developer Apex Clean Energy has commenced sale of four solar projects to commercial solar owner and operator Summit Ridge Energy.

Ameresco is to build a 50MW/200MWh battery energy storage system (BESS) for CAISO utility Silicon Valley Power (SVP) in Santa Clara, California.

Colbún has inked power purchase agreements (PPAs) with water treatment company Aguas Pacífico in Chile.

The New York Independent System Operator (NYISO) has halted the May 2025 retirement of four peaker plants to keep New York City’s grid reliable.

Swift Current Energy has secured a 20-year power contract with NYSERDA for its 402MW Mineral Basin Solar project, the largest onshore energy project to be selected by NYSERDA's competitive solicitation.

Clenera Holdings subsidiary Country Acres Clean Power has signed a power purchase agreement (PPA) with the Sacramento Municipal Utility District (SMUD) for its 392MW / 688MWh solar-plus-storage project in Placer County, California.

GE Vernova and Michigan-based energy storage company Our Next Energy (ONE) have signed an agreement to collaborate on US-based solar and storage projects.

Spanish developer Grenergy has signed the company’s first 'non-solar-hours' power purchase agreement (PPA) to supply the Chilean company EMOAC.

New York will release requests for proposals (RFPs) for offshore wind and onshore renewable energy projects on November 30, 2023.

National Grid Renewables has agreed to two power purchase agreements (PPAs) for its Blevins Solar Project, a 270MW development located in Falls County, Texas.

Minnesota Power, a utility division of Allete, has issued a Request for Proposals (RFP) for up to 300MW of solar energy to come online by 2027.

Online retail giant Amazon is expanding the company’s renewable energy portfolio with the company's first wind project in South America.

Verdani Partners, a commercial real estate management services company, has teamed up on energy procurement with the auction-based energy seller Transparent Energy.

Renewable natural gas and biofuel producer São Martinho has signed an agreement to sell its biomethane to Compass Comercialização in Brazil.

Sunnova Energy International is expanding its virtual power plant (VPP) platform to Puerto Rico, as well as installing more rooftop solar and batteries, after receiving funding from the Department of Energy (DOE)'s DOE Grid Deployment Office.