- Markets
- CaT
- CFS
- Sustainable Fuels
- Carbon Credits and Removals
- CLM
- Get to Know
- Market Coverage
- Cap-and-Trade
- Clean Fuel Standards
- Sustainable Fuels
- Carbon Credits and Removals
- Carbon Linked Mechanisms
- Use Cases
- About Us
- Membership Plans
- Data Café
- Cap-and-Trade
- Clean Fuel Standards
- Sustainable Fuels
- Carbon Credits and Removals
- Carbon Linked Mechanisms
- News
- Nexwell Power Signs Long-term PPAs with one of the Largest Tech Companies in the U.S. for 2,921 GWh of Renewable Energy
Nexwell Power Signs Long-term PPAs with one of the Largest Tech Companies in the U.S. for 2,921 GWh of Renewable EnergyElectricityEU ETS NewsNA RECs NewsSolar Energy
Wednesday, 12th March 2025
Nexwell PowerNexwell Power has signed long-term Power Purchase Agreements (PPAs) with a subsidiary of a major U.S. tech company to supply 2,921 GWh of renewable electricity through 2040, with a potential increase to 4,857 GWh. Electricity will be generated from 145MWp of hybrid solar and battery assets in Spain, starting in 2026, with the capacity to expand to 250MWp. This deal supports decarbonization efforts, offers long-term price stability, and aligns with Nexwell’s strategy to enhance energy storage and grid flexibility.The agreement contributes to Nexwell Group’s goal of avoiding or sequestering 1 billion tons of CO₂ by the next decade while helping corporations meet sustainability targets.
Read full articleYou might also likeWhat’s Driving Québec’s Carbon Market? A Conversation with Pierre-Olivier Pineau Exclusive Interview with Ben Kruger and Bryan Sievers: Exploring RNG's Role in Decarbonizing Agriculture, Transportation, and Beyond Exclusive Interview with Nausher Khan, SVP and Director at Northwest Advanced Bio-Fuels
Interview
- Clean Fuel Standards
- Clean Fuel Standards
- Cap-and-Trade
- CFS
- CaT
Articles