power purchase agreements
Long-term contracts between energy buyers and sellers for electricity, often used to secure renewable energy at fixed prices.
The global offshore wind sector is experiencing significant economic turbulence due to rising inflation, interest rates, and supply chain disruptions.
Opdenergy has agreed to acquire a 440 MW operational wind portfolio from Acciona Energía for over €500 million, significantly expanding its renewable energy assets.
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Egypt has inaugurated Africa's largest onshore wind farm, the 650 MW Gulf of Suez Wind Farm II, solidifying its position as a continental leader in wind energy.
Fermi America and Texas Tech University System are developing a 5,800-acre "Advanced Energy and Intelligence Campus" in Texas, aiming for 11GW of IT capacity.