The GIANT Company backs 80 MW solar: American supermarkets chain The GIANT Company has entered a long-term solar energy power purchase agreement (PPA) with Constellation for 80 MW solar power capacity. This capacity is to be developed by Pine Gate Renewables with commercial operations due between June 2022 and January 2024. Around 155 million kWh generated by this capacity annually will be used by the supermarkets chain to electrify its Pennsylvania operations including select stores, fuel stations and perishable distribution center. It will transact renewable energy certificates (REC) separately. The GIANT Company said it would help the company avoid more than 100,000 metric tons of Scope 2 carbon emissions associated with its energy use annually.
AES Corporation targets 5 GW RE PPAs in 2021: US based utility the AES Corporation has raised its 2021 target for renewable energy power purchase agreements (PPA) to 5 GW, up from 4 GW aimed for previously. This is 25% increase from its previous target and 66% higher than it signed in 2020. The raised ambition is due to 4 GW worth of such PPAs signed by the company already YTD 2021, the company announced while sharing its Q3/2021 financial results. It now claims to have 9.2 GW backlog RE PPAs, the highest for the company, to be completed through 2024, including 2.645 GW under construction and 6.568 GW signed under long-term PPAs. In Q3/2021, it signed 1.088 GW of renewables and energy storage under long-term PPAs including 1.076 GW of solar, energy storage and wind.
Hawaiian Electric to cut CO2 70% by 2030: Hawaiian Electric has announced its target to cut CO2 emissions from power generation by 70% by 2030, compared with 2005 levels, including reduction from generation owned by the company and independent power producers (IPP) that sell it electricity. Further it aims to achieve net zero by 2045 or sooner. It would entail the utility shutting its last coal power plant in 2022, while adding close to 50,000 rooftop solar systems to the already online 90,000 systems. Adding renewable energy projects with a combined power generation capacity of a minimum of 1 GW, including community solar, among other measures.
.png?w=50&fm=png){kind=logo}