US-based energyRe has announced a 12-year PPA with Google for a 435 MW (DC) solar project, which energyRe will develop, own, and operate. According to energyRe, the project will generate enough renewable energy and Renewable Energy Credits (RECs) to power over 56,000 homes. The agreement supports Google’s 2030 target to operate on 24/7 carbon-free energy across all grids where it functions. As per energyRe, the deal was facilitated through the LEAP platform, co-developed by US-based Google and US-based LevelTen Energy, to streamline clean energy transactions. US-wide, energyRe’s portfolio includes 1,520 MW (DC) of contracted solar assets and 398 MWh of battery storage assets.
Google signs 435 MW solar PPA with energyRe
This deal was made possible through the LEAP process, co-developed by Google and LevelTen Energy to streamline clean energy transactions. (Image Source: energyRe)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)