Daily News Wrap-Up: Verizon Signs Renewable Energy PPAs Totaling 910 MW
Ocean Winds Secured a 400 MW PPA for Mayflower Wind to Deliver Wind Energy to Massachusetts
January 24, 2022
Here are some noteworthy cleantech announcements of the day from around the world:
Verizon Communications has signed seven new renewable energy purchase agreements (REPAs) for 910 MW of renewable energy capacity. The agreements are expected to help the company achieve its target to source or generate 50% of its total annual power consumption from renewable energy sources by 2025. It has signed four 14-year REPAs with Leeward Renewable Energy for around 640 MW of renewable energy capacity. Another two 15-year REPAs with Lightsource bp for 89.9 MW capacity and a 15-year REPA with Duke Energy for 180 MW of renewable capacity.
Omega Seiki Mobility (OSM) has entered into a strategic alliance with SUN Mobility, an electric vehicle (EV) technology solutions provider. The companies plan to launch 10,000 units of OSM Rage+, an electric cargo three-wheeler, with swappable batteries across India. The collaboration will give OSM access to SUN Mobility’s nationwide network of swap points with advanced quick interchange stations and real-time visibility with the internet of things (IoT) based energy infrastructure management platform.
ENGIE announced that Ocean Winds, its 50:50 joint venture with EDPR dedicated to offshore wind, has secured a 400 MW power purchase agreement for Mayflower Wind. Mayflower Wind, a 50:50 joint venture company owned by Ocean Winds and Shell New Energies, will deliver offshore wind energy to Massachusetts, United States. With this PPA, ENGIE’s offshore wind pipeline stood at 4 GW in addition to the 500 MW of operational wind capacity.
TCIL, a company under the Ministry of Communications, has launched the first electric vehicle charging station in South Delhi with the help of the South Delhi Municipal Corporation. This is the first charging station in a series of 65 e-charging stations to be set up by TCIL in South Delhi in the next four months. Each charging station can charge six electric vehicles at a time. A 6 kW solar panel powers the charging stations.
ExxonMobil, a U.S.-based oil and gas company, announced its plans to achieve net-zero emissions for operating assets by 2050. Initial steps to reach net-zero by 2050 are included in the company’s plans to invest over $15 billion by 2027 on lower-emission initiatives. The company said it is also committed to helping consumers reduce their greenhouse emissions by investing in carbon capture, storage, hydrogen, and biofuels.