Norwegian aluminium company Norsk Hydro has signed a long-term Power Purchase Agreement (PPA) with the Green Investment Group. With a duration of 29 years, this is the world’s longest wind power purchase agreement.
The Green Investment Group (GIG) has put forward €270 million to develop the 235 MW project in the Swedish town of Överturingen. It will own 100% of the project equity. The wind farm will consist of 56 Siemens Gamesa turbines, each with a capacity of 4.2 MW
Schlagwort: renewable power
Aug. 01
New ground-breaking PPA deals signed in Scandinavia
Juli 18
Large energy consumers hungry for green power
Google, Norsk Hydro and Facebook are leading the growing trend of major companies looking to secure reliable and competitive power from renewable energy and reduce the risks associated with fossil fuel-based power supply. 100 top companies including leading industrial players are already committing to procure 100% renewable power in the short term through Power Purchase Agreements (PPAs)
Renewable-Energy-Industry.com
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