Power Marketing & Trading

BrightNight, the renewables developer and power provider, has entered into a power purchasing agreement (PPA) with Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU).

Solar and storage company Strata Clean Energy has entered a 20-year tolling agreement with Arizona Public Service (APS).

Equilibrium Energy, a clean energy finance startup, has partnered with green energy investor Hatch Renewables to provide tolling agreements for utility-scale battery storage projects.

Toyota North America signed a virtual power purchase agreement (VPPA) with Savion, and local developer Edelen Renewables, on a coal mine set to be repurposed into a solar farm.

Polaris Renewable Energy has inked a power purchase agreement (PPA) for a solar project the company is developing in the Dominican Republic.

YPF Luz has signed a power purchase agreement (PPA) with Petroquímica Río Tercero (PR3) for the supply of solar energy.

Pattern Energy has signed a power purchase agreement (PPA) with both Shell Energy North America and all Regents of the University of California for part of the energy generated from its SunZia Wind Project.

TotalEnergies has signed a 25-year power purchase and storage services agreement with mining company Imerys for a solar power and storage system the energy giant will build at the Lompoc facility in Santa Barbara, California.

Recurrent Energy – a wholly-owned subsidiary of Canadian Solar – has signed an aggregated virtual PPA for 100% of the production capacity of the Liberty Solar project in Liberty County.

US nuclear fusion company Helion Energy has entered into an agreement with Microsoft to provide electricity from its first commercial fusion power plant.

Eneva has inked a power purchase agreement for the company’s Futura I solar complex located in the state of Bahia.

AES Brasil has entered a power purchase agreement with an undisclosed offtaker for one of the company’s wind farms.

Anaergia Inc, the renewable natural gas specialist, through a subsidiary will supply the fuel to produce carbon-negative hydrogen and electricity for Toyota Motor North America Inc’s (TMNA) Logistics Services Center at the Port of Long Beach in California.

Portland General Electric Company has procured 400MW/AC of battery storage projects to be delivered by Eolian.

Despite advancements in battery storage posing a long-term risk to natural gas – as the long-term growth of renewable power erodes market share for the fossil fuel – the conventional power generation method still has a large part to play in energy transition.

Renewable developer Atlas Renewable Energy has signed a 21-year PPA with Brazilian aluminum producer Albras to supply solar power.

Google and EDP Renewables have signed a framework agreement to develop over 80 distributed solar projects of 650MWp (500Mwac) in the US.

Pan American Energy (PAE) has signed power purchase agreements for the output of the company’s first project in Brazil.

Canadian clean energy firm Greenlane Renewables has signed an agreement with Brazil’s ZEG Biogás to develop and sell its most popular biogas upgrading product in Brazil.

Chilean state-owned mining company Codelco has renewed its thermal offtake agreement with Canada’s Innergex Renewable Energy to continue using solar heat to mine copper at its Gabriela Mistral Division site.

Copper producer Codelco has extended its power purchase agreement with Innergex Renewable in Chile.

American Electric Power (AEP) business Indiana Michigan Power (I&M) has signed a power purchase agreement (PPA) to take power from Savion’s first Indiana solar project.

Argentine renewable developer Genneia has signed a power purchase agreement (PPA) with oil and gas company Vista Energy.

Google has signed a PPA with Ørsted that will see the tech giant purchase renewable energy generated from the 268MW Helena Wind Farm in Bee County, Texas.

Casa dos Ventos has signed a power purchase agreement with Brazilian petrochemical company Braskem.

Enel, through its business Enel Trading, has signed a power purchase agreement with gold mining company Equinox Gold in Brazil.

EDF Renewables North America has signed a 20-year PPA with the Southern California Public Power Authority (SCPPA) for energy and renewable attributes related to the 117MWac/148MWdc Sapphire Solar Project.

Avangrid has inked a PPA with multinational technology conglomerate Meta to procure electricity from a 240MW solar farm under development in Falls County, Texas.

Catalyst Power Holdings, a portfolio company of BP Energy Partners, has struck a strategic partnership with JCD Solar Consulting to augment the marketing, aggregation and servicing of community solar projects.

Public utility Hydro-Québec has selected three EDF Renewables North America wind projects for wind energy supply contracts under two calls for tenders launched in December 2021.

Avangrid has hit commercial operation at its 150MW Lund Hill solar farm in Klickitat County, Washington. It is the state’s largest photovoltaic plant.

Lightsource BP has signed a power purchase agreement with AEP Energy Partners (AEPEP) – a subsidiary of American Electric Power – for a 188MWdc solar project in New Carlisle, Indiana.

Blackstone-backed Aypa Power has agreed to a deal for Canadian Solar Inc (CSI) to provide 487MWh of energy storage products to its projects.

Lightsource BP has agreed to a power purchase agreement for a 145MWac/180MWdc solar project with fast food giant McDonald’s in Louisiana.

Netherlands-based renewables provider MPC Energy Solutions said on 20 February 2023 that it has signed a long-term PPA with a subsidiary of IMSA Group, a Guatemalan producer and exporter of sugar, alcohol and energy.

US-based wholesale power provider Guzman Energy has signed a PPA with Sonnedix for its 110MW Solar Fountain project in El Pas, Colorado.

Omega Energia has signed a power purchase agreement for one of the company’s wind projects in Brazil.

New Jersey’s Montclair State University (MSU) has signed a retail renewable energy agreement with Engie Resources, an affiliate of Engie North America.

EDF Renewables has inked a virtual power purchase agreement (VPPA) with scientific instruments manufacturer Thermo Fisher Scientific.

Cemig has signed a power purchase agreement (PPA) to supply renewable energy to an automotive parts manufacturer in Brazil.

energyRe-backed Southern Current has signed a PPA with Dominion Energy South Carolina (DESC) for Lone Star Solar in Calhoun County, South Carolina.

Oil and gas company BP has begun working on its 107MW Arche Solar project in Fulton County, Ohio.

EDF Renewables has won long-term power purchase agreements in a renewable energy auction in Colombia.

Brazilian developer Casa dos Ventos has inked a power purchase agreement to supply Vestas with renewable energy.

EDP Renewables (EDPR), through its fully owned subsidiary EDP Renewables North America, signed a 15-year PPA with Cleveland Cliffs to supply 180MW from the Headwaters III Wind Farm in Randolph County.

Cameron LNG has signed an MoU with an integrated energy player – Entergy Louisiana – to negotiate the terms of a new electric service agreement (ESA).

Sustainable building materials provider Holcim US has signed a virtual PPA with the Electric Reliability Council of Texas (ERCOT) for renewable energy generation.

Electric vehicle (EV) maker Rivian Automotive has signed a PPA with Apex Clean Energy for 50MW of renewable electricity from the proposed Goose Creek Wind farm in Piatt County, Illinois.

Helexia Brasil, a subsidiary of Voltalia, has signed a trio of power purchase agreements (PPAs) to supply renewable energy.

INEOS has entered into a 20-year sale and purchase agreement (SPA) with Sempra Infrastructure for the supply of 1.4 mtpa of LNG, having signed a heads of agreement (HOA) in June 2022.

DE Shaw Renewable Investments (DESRI) signed a renewable energy off-take agreement with Meta for its Long Lake Project, a 200MW solar facility in Phillips County, Arkansas.

Campbell Soup Company has signed a 12-year virtual PPA with Enel, supporting the former's goals to reduce greenhouse gas emissions.

CSI Energy Storage – a part of Canadian Solar’s majority-owned subsidiary CSI Solar Co – has been selected to provide up to 2.6 GWh of battery solutions for the build-out of energy storage projects managed by UBS Asset Management's Real Estate & Private Markets business in North America.

Horizonte Minerals has entered into long-term PPAs to secure low-cost renewable power for its fully-owned Araguaia Nickel Project in Brazil.

Brazilian renewable developer Casa dos Ventos has inked a power purchase agreement (PPA) with a fertilizer producer in Brazil.

Clearway Energy Group has signed a long-term PPA for the output of the Cedar Creek Wind Project to PacifiCorp.

AES Corp.’s Chilean subsidiary, AES Andes, has signed a 17-year energy PPA with Compañía Minera Teck Quebrada Blanca, a subsidiary of Canadian miner Teck Resources, for the Quebrada Blanca Phase 2 copper project (QB2) in Chile.

Spanish solar developer Enerside Energy has signed a 15-year PPA to supply 7.7 GWh/year of energy to Brazilian ethanol manufacturer and sugarcane exporter Raízen.

Fervo Energy has signed a 15-year PPA to provide carbon-free geothermal power to a group of 9 California-based community choice aggregators (CCAs).

Braskem, a Latin American petrochemical company, has signed a PPA and secured renewable energy certificates (RECs) as part of its carbon reduction goals.

Enel has signed a massive power purchase agreement to supply data centers across Latin America.

Renewable developer Atiaia Renováveis is partnering with glass manufacturer Vivix Vidros Planos on a solar project in Brazil.

Cemig has agreed to supply Spanish automotive components manufacturer Gestamp with renewable energy in Brazil.

Brazil's Cemig Geração e Transmissão (Cemig GT) has attracted interest from projects totaling 7GW in installed capacity for its upcoming power auction.

Google will buy around 75% of renewable energy produced by four solar projects SB Energy Global has under development, as the multinational looks to operate data centers on carbon-free energy by 2030.

Colbún has renegotiated a power purchase agreement with mining company Codelco to sell output from renewable sources instead of coal.

Spanish renewables developer Grenergy has inked 2 power purchase agreements for projects the company owns in Chile.

Saint-Gobain has signed a 10-year PPA with TotalEnergies for the purchase of solar power for its 145 industrial sites in the US and Canada.

Renewable energy developer rPlus Energies has signed a long-term PPA with PacifiCorp for a 400MWac solar PV project integrated with a 200MW battery energy storage system (BEES) in Emery County, Utah.

Brazil’s National Electric Energy Agency (Aneel) has awarded contracts in the A-5 renewable power auction.

Clearway Energy Group has signed a fresh set of power purchase agreements (PPAs) with PacifiCorp, a subsidiary of Berkshire Hathaway.

2W Energia has won a contract to supply Banco do Estado do Rio Grande do Sul (Banrisul) with clean energy.

Divert Inc has entered into a 10-year renewable natural gas offtake agreement worth about $175 million with BP.

Engie North America has signed an agreement with a home appliances company to sell 53 MW of wind generation.

The New York State Energy Research and Development Authority (Nyserda) has launched a tender for 2 GW of large-scale renewable energy projects in the state.

Independent power producer Kenlov Renewable Energy and engineering company Ashtrom have signed a power purchase agreement for a portion of the output of a 400 MW (DC) solar project in Texas.

Engie North America has inked a power purchase agreement with a commercial offtaker for the output of a 250 MW solar project in Texas.

X-Elio has signed a power purchase agreement with German company BASF for 48 MW of power from a solar project the company is developing in Texas.

EDF Renewables North America has inked a virtual power purchase agreement with McDonald’s Corp for the output of a 255 MW solar project in Texas.

bp North America has agreed to acquire EDF Energy Services (EDF ES), the power and gas supplier operating in the United States of French energy company EDF.

Pivot Energy has inked a community solar subscription agreement with a Denver-based real estate developer.

Cryptomining company TeraWulf has amended its existing joint venture agreement with Talen Energy following the company’s filing for Chapter 11 bankruptcy.

Plug Power has signed an agreement with online retailer Amazon for the supply of liquid green hydrogen to the company.

Energy Transfer (ET) has entered into a 20-year LNG sale and purchase agreement (SPA) with Shell NA LNG in relation to its Lake Charles LNG project.

D.E. Shaw Renewable Investments (DESRI) has secured a power purchase agreement for a 240 MW solar project the company is developing in Louisiana.

The State of Michigan has penned an offtake agreement with Consumers Energy that will see the state procure 68 MW of renewable generation for state government buildings.

The car company Ford Motor Co has agreed a deal to procure 650 MW of solar generation from DTE Energy.

The City of Chicago has inked a power purchase agreement that will see the city purchase power from a portion of the 593 MW solar project being developed by Swift Current Energy in Illinois.

BASF, a German multinational chemical company, has secured 250 MW of solar and wind generation through virtual power purchase agreements across the US.

Cheniere Energy has entered into a 20-year LNG sale and purchase agreement with PTT Global LNG (PTTGL), a subsidiary of PTT, Thailand’s largest state-owned, multinational energy company.

Renewables developer BrightNight, along with Cordelio Power, has signed a power purchase agreement with the Southwest Public Power Agency (SPPA) for a solar-plus-storage project in Arizona.

Sempra, through its subsidiary Sempra Infrastructure, has inked a multifaceted heads of agreement (HOA) with ConocoPhillips to develop the Port Arthur LNG terminal in Texas and expand future collaboration.

NextEra Energy Resources has inked a power purchase agreement with a US retailer for the output of a 300 MW wind project the sponsor is developing in Texas.

Shell, through its subsidiary Shell Eastern Trading, has signed a sales and purchase agreement with Mexico Pacific for a portion of LNG from the West Coast North American facility.

Entergy Arkansas has issued a request for proposals for 1 GW of solar and wind generation to help support the state’s power needs.

NextDecade Corp has secured a sale purchase agreement with a Chinese energy company for a portion of the output of an LNG facility the company owns in Texas.

Cheniere Energy has entered into two long-term LNG sale and purchase agreements (SPAs) with Chevron.

Capstone Infrastructure has secured a renewable attributes purchase agreement for the output of its 192 MW wind project in Alberta, Canada.

Venture Global LNG has secured a sales and purchase agreement for 1.5 mtpa of output from the company’s Plaquemines and Cameron Parish 2 LNG facilities.

Cheniere Energy has entered into a 15-year sale and purchase agreement with Norway-based energy company Equinor.

Ormat Technologies has signed a power purchase agreement with a joint powers agency in California for up to 125 MW of geothermal generation from projects in Nevada and California.

Luminia, a solar financing solutions outfit, has inked a power purchase agreement for the output of a 11.6 MW solar project in California, which is fitted with 32 MWh of battery storage.

Greenwood Energy, the Libra Group’s renewable energy subsidiary, has inked a public-private partnership with the University of Panama (UP) to develop a solar project to power the university.

Idemitsu Renewables has inked a power purchase agreement for the output of a 73 MW solar project in California that the company brought online today.

More than 2,000 projects have registered with the national energy research company EPE in Brazil for the September 16 energy auctions.

Brazilian power generator Omega Energia has inked a power purchase agreement (PPA) with 3M.

Terra-Gen has inked a 75 MW virtual power purchase agreement with an electric vehicle company for a solar project the company is developing in California.

Ormat Technologies has signed two power purchase agreements with NV Energy to procure up to 160 MW of geothermal energy for the Nevadan utility.

Ranger Power has secured a pair of power purchase agreements for two of the company’s solar projects in Michigan, totaling 300 MW of generation.

Venture Global LNG and Malaysian state-owned oil and gas company Petronas have signed a 20-year sale and purchase agreement for 1 mpta of LNG.

Sempra Infrastructure has signed a heads of agreement (HOA) with Polish Oil & Gas Company (PGNiG) for the purchase of liquefied natural gas (LNG) from two of the company’s US terminals.

NextEra Energy Resources has signed a virtual power purchase agreement (VPPA) with Ball Corporation for new wind energy to be developed in Texas.

Terra-Gen has inked a power purchase agreement (PPA) with data center provider Digital Realty for a portion of its massive solar-plus-storage project.

A subsidiary of Algonquin Power & Utilities Corp has entered into a power purchase agreement to sell the output of a 112 MW wind project it is constructing in Michigan.

AES Corp has entered into a power purchase agreement with Microsoft to power the company’s data centers in California, expanding on a previously announced agreement between the two parties.

AES Corp has entered into a pair of power purchase agreements with Amazon to supply the tech company with 450 MW of solar generation and 225 MW of battery storage.

Recurrent Energy has inked a power purchase agreement for the output of the developer’s 98 MW solar project in Louisiana.

Enel Green Power North America has signed a virtual power purchase agreement for a portion of the output of its 250 MW wind farm in Oklahoma.

Brazilian power regulator Aneel has approved bid documents for the country’s next power auction, due to be held on 27 May.

EDP Renováveis (EDPR) has secured a power purchase agreement to sell 120 MW of output from its Novo Oriente solar power plant in Brazil.

EDP Renewables North America (EDPR NA) has inked a second power purchase agreement for a portion of the output of the company’s 240 MW Cattleman solar project in Texas.

Atlas Renewable Energy has signed its first wind power purchase agreement with Enel Generacion Chile, marking its entry into the Chilean wind power market.

EDP Renewables has signed a long-term power purchase agreement with Meta, formally Facebook, for 156 MW of its 240 MW Texas solar project.

Nevada utility NV Energy has issued a new request for proposals for the procurement of solar, hydroelectric, geothermal, wind, biomass and biogas facilities.

NextDecade has signed a 20-year sale and purchase agreement (SPA) with ENN LNG Singapore for the supply of LNG from its Rio Grande export project in Brownsville, Texas.

AES Andes, the Chilean clean energy developer, has signed a power purchase agreement with Microsoft for a datacenter in Chile.

TransAlta Corp has signed a power purchase agreement to sell the output of a 200 MW wind farm in Oklahoma.

AEP Energy Partners, a subsidiary of American Electric Power, is issuing a request for proposals for renewables projects in the PJM Interconnection market.

Mainstream Renewable Power has inked its first power purchase agreement in Colombia.

The power from a 300 MW solar project being developed by Scout Clean Energy has been purchased by the telecommunications company Comcast Corp.

A county in the state of Maryland has opened a pathway to begin a public-private partnership with Ameresco that will see the construction of a solar project in the state.

Energy Transfer, a Dallas, Texas-based midstream company, has secured a pair of power purchase agreements for the output of the company’s 16.5 mtpa Lake Charles LNG project in Louisiana.

Brazilian renewables company Pontoon Clean Tech has struck a power purchase agreement with Panasonic for a 500 MW solar complex in Brazil.

The Dominican ministry of mines and energy has signed a trio of renewable energy power purchase agreements totaling 128 MW of generation.

An American Electric Power (AEP) subsidiary has issued a request for proposals to procure 1,300 MW of renewable energy generation in Indiana and Michigan.

Venture Global LNG has secured a pair of sale purchase agreements from New Fortress Energy for two liquified natural gas facilities the company is developing in Louisiana.

Venture Global has entered into a long-term sale purchase agreement with Shell North America for the output of the company’s liquified natural gas facility in Louisiana.

D.E. Shaw Renewable Investments (DESRI) has secured a utility offtaker for the output of a 200 MW/400 MWh solar-plus-storage project in northern California.

BHE Canada, the Canadian subsidiary of Berkshire Hathaway Energy, has signed power purchase agreements with three corporate offtakers for a 130 MW wind project in Alberta.

D.E. Shaw Renewable Investments (DESRI) has secured a utility offtaker for the output of a 200 MW/400 MWh solar-plus-storage project in northern California.

Norway's Norsk Solar has teamed up with Órigo Energia, a Brazilian distributed solar developer, on a 25-year solar power purchase agreement in Brazil.

Enel Green Power Guatemala has signed a hydro power purchase agreement with a trio of local bottlers of Coca-Cola brand products.

Enel Green Power Guatemala has signed a hydro power purchase agreement with a trio of local bottlers of Coca-Cola brand products.

Belo Horizonte-based steelmaker Usiminas has signed a power purchase agreement for a portion of the output of a new solar project in Luziânia, Goiás.

Brazilian power regulator Aneel has opened a public consultation for its A-4 power auction, which is scheduled to take place on May 27.

Evolugen (formerly Brookfield Renewable Canada) has signed a power purchase agreement with a Canadian utility for the output of four hydro projects in Québec.

DTE Energy has issued a request for proposals (RFP) for solar and wind projects, with or without storage, totaling 500 MW.

The Peruvian minister of mines and energy has indicated that the government will launch two renewables auctions by the end of the year.

Evolugen (formerly Brookfield Renewable Canada) has signed a power purchase agreement with a Canadian utility for the output of four hydro projects in Québec.

Pacific Gas & Electric (PG&E) has awarded resource adequacy contracts to nine standalone battery storage projects in California totaling 1.6 GW/6.4 GWh.

NextEra Energy Resources has inked a power purchase agreement with an Arizona utility for the output of a hybrid wind, solar and energy storage project in the state.

Pacific Gas & Electric (PG&E) has awarded resource adequacy contracts to nine standalone battery storage projects in California totaling 1.6 GW/6.4 GWh.

Apex Clean Energy has secured a power purchase agreement for a 225 MW wind project in central Iowa.

Leeward Renewable Energy has signed four power purchase agreements for up to 640 MW of renewables-powered generation with telecommunications company Verizon.

Apex Clean Energy has inked a power purchase agreement with Great River Energy (GRE) for the output of a 400 MW wind project in North Dakota.

Vesper Energy has inked a virtual power purchase agreement for a 57 MW portion of the output of its 500 MW Hornet Solar project in Texas.

AES Brasil Energia and chemical firm Unipar Carbocloro are planning to launch a joint venture to develop a 91 MW wind farm in Brazil.

TransAlta Corp has secured a pair of power purchase agreements with an investment-grade offtaker for a 300 MW wind complex in Oklahoma.

Vesper Energy has clinched a virtual power purchase agreement with an animal health company for a portion of the output of a 500 MW solar project the company is developing in Texas.

Avangrid Renewables’ offshore wind project, Commonwealth Wind, has been selected as part of Massachusetts’ competitive offshore procurement process.

An offshore wind joint venture between Shell New Energies and OW Americas has been awarded a contract to provide offshore wind energy to the Commonwealth of Massachusetts.

To download the full report as a PDF, click here.

Scout Clean Energy, a Quinbrook Infrastructure Partners portfolio company, has secured a power purchase agreement for the output of a wind project in California that the firm is planning to repower.

Orsted has signed a power purchase agreement with pharmaceutical company Johnson & Johnson for the output of a solar project in Texas.

D.E. Shaw Renewable Investments (DESRI) has signed offtake and build-transfer deals with Entergy Louisiana for three solar projects totaling 350 MW in the Pelican State.

D.E. Shaw Renewable Investments (DESRI) has signed offtake and build-transfer deals with Entergy Louisiana for three solar projects totaling 350 MW in the Pelican State.

Source Power, the New York-based energy services affiliate of Source Renewables, has purchased a book of electricity supply customers in the Niagara Mohawk Power Corp territory.

Spanish developer OPDEnergy has secured a 20-year power purchase agreement with Entergy Louisiana for a solar project in the state.

Exelon subsidiary Constellation has signed a power purchase agreement with Pine Gate Renewables.

AES Corp has inked a power purchase agreement with Microsoft Corp that will power the tech giant’s data centers in Virginia.

Engie North America has signed a power purchase agreement with a California water utility for the output of a solar, storage, and microgrid project.

Leeward Renewable Energy has inked a power purchase agreement with a community choice aggregator for the output of a solar-plus-storage project in California.

Biopharmaceutical company Pfizer has signed a virtual power purchase agreement for at least 310 MW of solar generation to power its North American operations.

Clearway Energy has snagged a virtual power purchase agreement for the output of a 100 MW solar park in Mississippi.

Clenera has signed a 20-year power purchase agreement for a 150 MW solar project in southwest Michigan.

Leeward Renewable Energy has inked a power purchase agreement with a community choice aggregator for the full output of a solar-plus-storage project in California.

Chemical supplier Dow has clinched two power purchase agreements in the Americas, namely one in Canada and another in Brazil.

Brazil’s power regulator Aneel has approved a capacity auction that will take place later this month, in an effort to optimize hydro resources as the country faces its worst drought in over 90 years.

Brazil has completed its third power auction for 2021, which favored solar and wind generation projects.

Leeward Renewable Energy has inked a power purchase agreement with a community choice aggregator for the full output of a solar-plus-storage project in California.

PPL Corp's distributed generation subsidiary, Safari Energy, has commercialized a 15 MW solar project in Pennsylvania which has a power purchase agreement with a local municipal electric utility.

Acciona Energia has clinched two supply contracts for renewable power in Chile and renewed a third with water utility Aguas Nuevas.

EDP Renewables has signed a power purchase agreement for the full output of a 297 MW wind farm in Alberta, Canada.

Brazilian food company BRF has partnered with local energy firm Intrepid Participacoes to develop and purchase the output of a 320 MW (DC) solar facility in the state of Ceara.

Enel Green Power North America has signed a virtual power purchase agreement with yoga and athletic wear company lululemon for the output of a combined wind and battery storage project in Texas.

The City of Chicago, Illinois has issued a request for information (RFI) for a new electricity delivery franchisee, after the city's contract with its previous franchisee expired.

Enel Green Power North America has signed a virtual power purchase agreement with yoga and athletic wear company lululemon for the output of a combined wind and battery storage project in Texas.

Algonquin Power & Utilities Corp subsidiary Liberty Power has secured a corporate offtaker for the output of a wind project in the Prairie State.

Clenera has secured an offtaker for a 120 MW (DC) solar project that it is developing in Indiana.

Chile’s National Energy Commission (NEC) has announced the winning bidders for 15-year power purchase agreements that will power distribution companies (discos) in the country.

EDF Renewables has inked a power purchase agreement with Brazil's largest private natural gas provider, Eneva.

EDF Renewables North America has inked a power purchase agreement with a California community choice aggregator for the output of a solar-plus-storage project in the state.

Colombia’s Ministry of Mines and Energy has announced that 107 companies have registered to participate in the country’s third renewable power auction.

Brazil's Omega Energia has inked a supply agreement with Heineken to power the Dutch brewer's operations in the country.

SB Energy, the renewables division of SoftBank, has signed a power purchase agreement with an oil and gas pipeline company for the output of a 200 MW solar project in Texas.

South Carolina’s Central Electric Power Cooperative has signed solar power purchase agreements totaling 425 MW with a quartet of developers.

Invenergy has signed a power purchase agreement for a 127 MW solar project in Colorado.

Vancouver-based renewables developer Elemental Energy has signed a power purchase agreement with a Canadian pipeline operator for the output of a solar project in Alberta.

Competitive Power Ventures (CPV) has secured a European offtaker for the output of a 127 MW (DC) solar project in Pennsylvania.

CenterPoint Energy has filed a request with the Indiana Utility Regulatory Commission (IURC) to enter into two separate power purchase agreements totaling 335 MW of solar capacity.

RWE Renewables has inked a power purchase agreement with Constellation Energy, a subsidiary of Exelon, for the output of a solar-plus-storage facility in Texas.

Chile’s National Energy Commission has announced the maximum price of the bids to be awarded as part of this year’s renewable power auction.

Brazilian power regulator Aneel has approved a September auction which will award power purchase agreements to solar, wind, hydro and thermal power plants in the country.

Vancouver-based renewables developer Elemental Energy has signed a power purchase agreement with a Canadian pipeline operator for the output of a solar project in Alberta.

EDP Renewables North America has signed a corporate power purchase agreement for the output of a 200 MW solar project in the state.

Lima Airport Partners (LAP), the concessionaire for Lima’s Jorge Chávez International Airport, has reached an agreement with Engie Energia Peru to supply renewable energy for the airport’s new and existing terminals.

AES Brasil Energia and local food company BRF have formed a joint venture to develop and sell wind power in Brazil.

Enel’s Colombian subsidiary has signed an agreement to supply 37.3 MW (DC) of solar generation to a group of commercial and industrial corporations in the country.

Enel Green Power North America has signed a virtual power purchase agreement for a portion of the output of its Rockhaven Wind project in Oklahoma.

EDP Renewables North America has signed a corporate power purchase agreement for the output of a 200 MW solar project in the state.

Brazilian power developer Casa dos Ventos has signed two renewables power purchase agreements totaling 137 MW with Brazilian state-owned energy company Companhia Paranaense de Energia (Copel).

Enel Green Power North America has signed a virtual power purchase agreement for a portion of the output of its Rockhaven Wind project in Oklahoma.

Canadian Solar subsidiary Recurrent Energy has signed its largest standalone energy storage contract to date, totaling 150 MW/600 MWh in California.

Orsted has signed a power purchase agreement with Microsoft Corp for the output of a 430 MW solar project in Fort Bend County, Texas.

Doral Renewables, a subsidiary of Israeli renewables group Doral, has secured an offtaker for the second phase of a 1.65 GW (DC) solar project that it is developing in Indiana.

Enel Generación has inked a four-year supply agreement with fruit company Copefrut in Chile.

Orsted has secured a European multinational offtaker for a solar project that it is developing in Texas.

Apex Clean Energy and funds managed by Ares Management Corp have secured a consortium of corporate offtakers for a wind project that they are jointly developing in Fort Ridge County, Illinois.

Lightsource bp has finalized long-term power purchase agreements with McDonald’s Corp and eBay for a solar project in Louisiana.

Enel Green Power's subsidiary in Guatemala has signed a two-year power purchase agreement with McDonalds Corp's local branch.

Spanish independent power producer OPDEnergy has secured an offtaker for a 63 MW (DC) solar project that it is developing in Clarke County, Virginia.

A pair of community choice aggregators have inked seven power purchase agreements for 778 MW of renewable generation and 118.75 MW of energy storage capacity in California and Arizona.

Actis-owned Atlas Renewable Energy has signed a power purchase agreement with chemical firm Unipar Carbocloro for the output of a 239 MW (DC) solar park in Brazil.

EDP Renewables (EDPR) has struck a deal with Amazon Web Services to supply the internet retailer with electricity generated by its development-stage wind and solar projects in the US, Europe and Latin America.

Enel Group's Brazilian subsidiary, Enel Green Power Brasil Participações, has signed a 15-year power purchase agreement with Brazil's largest fashion retailer, Lojas Renner.

Brazilian power regulator Aneel has awarded power purchase agreements to renewable energy projects totaling 984.71 MW in two separate auctions held on July 8.

Brazilian utility Cemig Geração e Transmissão has announced that it will hold a procurement process to buy wind and solar power through the country's free market this summer.

German developer BayWa r.e. has inked a power purchase agreement for a solar-plus-storage facility that is under development in California.

Three of FirstEnergy Corp's Pennsylvania utilities have launched a request for proposals (RFP) for solar energy credits.

In the world of project finance, power purchase agreements are usually considered from the point of view of the project owner or lender. But in the last few years, more attention has started to be paid to the other end of the contract.

Portland General Electric says that its losses from "ill conceived" power market positions traders entered into earlier this year will total $128 million, after previously warning that the figure could reach $155 million.

Portland General Electric has retained legal and other advisers as it reviews power trading after realizing $104 million in losses on “ill conceived” positions its power traders entered into this year.

Developer Belltown Power worked with Houston-based power advisory shop AB Power Advisors to secure power purchase agreements, including rare busbar deals, for a portfolio of solar assets in Texas that it recently sold.

Citi has signed a deal with an end customer to cover a portion of the output of a Texas wind project that was financed on the basis of a hedge provided by the bank last year.

After hedge providers got burned earlier this year on deals for new-build gas-fired projects in PJM Interconnection, they are quoting revenue puts at pricing that no longer makes as much sense for CCGT developers, forcing them toward alternatives.

This week's PPA Pulse showcases the variety of end users procuring renewables, with deals involving social media company Facebook, chip maker Intel Corp., industrial gas producer Air Liquide, Brazilian telecom company The Claro Group and two universities.

Engie Resources, the North American commercial electric supply arm of Engie, has reached a deal to acquire an energy retailer based in Long Island, N.Y., from a private equity firm.

Following its acquisition by a "blank check" company, Ontario-based Spark Power Corp. has bought a major Canadian green energy marketer.

Data center operator QTS Realty Trust has inked a “sleeved” power purchase agreement with Citi for the output of a wind project in Texas, a type of deal that is set to become more common as non-utility offtakers seek to avoid taking project risks.

A proposed change to spot market bidding rules in PJM Interconnection could raise power prices, according to a report by Moody’s Investors Service.

Morgan Stanley is marketing a portfolio of wind assets in Montana and Alberta, a person familiar with the process has confirmed.

Apex Clean Energy has mandated a financial adviser to find a strategic investor for the renewable sponsor.

Despite their companies taking a beating in the stock market, representatives of some of the leading publicly traded residential solar companies attending the Infocast Solar Power Finance & Investment Summit were keen to stress that they still have access to the capital markets.

The #PowerTweets feature tracks trends in power project finance and M&A in the Americas on Twitter.

A managing director has left Sequent Energy Management to head the power and gas origination team at Engie Resources in Houston.

Invenergy has selected arrangers for a debt package backing the 1.5 GW Lackawanna combined-cycle gas fired project in Jessup, Pa.

In this week’s Industry Current, Bernays ‘Buz’ Barclay, managing partner at Rimon P.C. and senior adviser to Marathon Capital, calls on the power industry to engage with blockchain technology.

A group of lenders assembled onstage at the culmination of REFF Wall Street this year to talk about financing trends for renewables projects, including how to deal with the merchant aspects of projects with non-utility offtake contracts.

SunRun has sealed a sponsorship deal with the Los Angeles Dodgers for the next two seasons, continuing the residential solar shop’s marketing push with baseball teams.

WindSail Capital is offloading its majority stake in renewables trading firm Skystream Markets, less than a year after it invested in the company, according to a confidential memo.

A director of commodity structuring has left Citigroup's Houston office.

ICBC has hired Marcia Bockol, director of client coverage in the Americas at National Australia Bank, as an executive director in New York.

Andrea Picott, managing director of loan sales and trading at Société Générale, has left the bank for Capital One in New York.

The U.S. House of Representatives has passed a bill to expedite the approval process for liquefied natural gas export permits to countries with non-free trade agreements with the U.S.

Vivint is teeing up its initial public offering that is targeted to raise up to $370.8 million.

NextEra Energy has confidentially filed an S-1 with the U.S. Securities and Exchange Commission, putting it on track to take a portion of its unregulated assets public.

Canadian Solar is looking to sell almost three million shares and up to $130 million in 144A convertible senior notes due 2019.

Use of the phrase yieldco to describe three recent share flotations by NRG Yield, TransAlta Renewables and Pattern Energy Group masks very different business arrangements.

Industry officials expect to see several developers to pursue yield company structures in the next year following the success of NRG Energy and Pattern Energy’s breakthrough deals.

NRG Energy has raised $430.65 million in its initial public offering of NRG Yield Inc., a yield company that holds 1,324 MW of renewable and gas-fired facilities.

Renewable energy projects traditionally attract financing only after securing a long-term contract to sell the electricity to a creditworthy offtaker at a relatively fixed price. The project development is hard enough, but in today’s market, finding a power contract is becoming exceedingly difficult.

The arrival of plentiful and cheap natural gas in the U.S. has changed the game in the power sector and the ramifications were a constant topic throughout Platts Global Power Markets Conference in Las Vegas last week.

Innergex Renewable Energy will issue up to C$57.5 million ($57.92 million) of cumulative redeemable fixed-rate preferred series C shares.

Due to effects from Hurricane Sandy, PI is experiencing difficulty in delivering content from our New York-based operations.

CECEP Solar Energy Technology Co. will shelve plans for projects in California, New Jersey and Texas if the U.S. imposes duties on solar panel imports.

Contact Energy, a publicly traded company in New Zealand, is preparing a $280 million share sale to existing shareholders. Proceeds will help build the 166 MW Te Mihi plant on the country’s North Island.

Shenzhen Hanyuan Green Energy Resource Co., a Chinese venture run by three Asian firms, is targeting raising $30-100 million for five 50 MW biomass plants in developing countries.

The days of mobile phone battery death may be coming to an end as Signa Chemistry prepares to bring a hydrogen fuel cell that recharges mobile devices to the market this summer.

Last week’s Industry Current examined the parameters and enforcement of the Dodd-Frank Act. This week, the authors will discuss end-user exceptions, forward contracts and Dodd-Frank’s effects in the energy-swap market.