LevelTen Energy introduced a new type of financial contract to give corporations and Load-Serving Entities easier access to the economic and risk-reducing benefits of energy storage projects. Called the RE-Store Energy Agreement and developed in collaboration with EnergyGPS, it opens the door to billions of dollars of investment in large-scaleRead More

Sunpin Solar, a California-based solar developer, announced a renewable energy power purchase agreement with an investment grade offtaker for the full output of the Titan Solar 1 Power Plant, which began construction in January 2020. The renewable energy PPA covers the full 98 megawatt direct current power capacity of theRead More

Bank of America signed 10 agreements to purchase solar electricity for its operations in three states, including North Carolina, home to the company’s headquarters, partnering with Duke Energy, NRG Energy, 3Degrees, NativeEnergy and Birdseye Renewable Energy to get it done. “These unique projects and partnerships build on our achievement of carbonRead More

  Origis Energy announced a large-scale virtual power purchase agreement (VPPA) with Royal DSM, a global science-based nutrion and health company, for renewable electricity from the new Rockhound Solar C project. Once constructed, the 61 MW solar facility will be located in Ector County, Texas. Renewable Energy Credits (RECs) fromRead More

Here’s a cool deal: Pittsylvania County, Virginia, will be the home of a new 120-MW solar farm that will support both Amazon’s massive HQ2 and accompanying operations in state as well the government operations of nearby Arlington County. Dominion Energy is expected to begin construction in 2020 with completion planned forRead More

Sol Systems announced the execution of a power purchase agreement (PPA) with Prairieland Energy, Inc. (PEI), a University of Illinois-related organization. This 20-year PPA supports the development, construction, and operation of a 12.1 MW solar farm at the University of Illinois at Urbana-Champaign. The system is projected to produce approximatelyRead More

Ipsun Solar sent word about its involvement in the largest solar PPA ever awarded by a county in Virginia. The Fairfax County Virginia Solar Power Purchase Agreement (PPA) initiative has the potential to install solar panels on 113 county sites including 87 Fairfax County Public Schools, many of which areRead More

Under Armour joins the ranks of corporations prioritizing renewable energy and sustainability goals. Increasingly, top U.S. corporations like Under Armour are choosing solar to power their operations, save on electricity, and reduce their carbon emissions. In fact, corporations drove nearly 25% of the total amount of solar energy capacity thatRead More

Full-service residential solar provider Vivint Solar has a new power purchase agreement (PPA) option that includes one simple rate for both solar and battery storage in California. Vivint Solar’s new solar + storage PPA option comes on the heels of recent wildfires and power blackouts throughout California. PPAs are contracts inRead More

Each quarter, the LevelTen Energy PPA Price Index provides an in-depth look at average offer prices for wind and solar power purchase agreements (PPAs) submitted on the LevelTen Marketplace. Here are some takeaways from this quarter. Price impacts Annual change from Q3 2018 to Q3 2019: Solar prices have droppedRead More