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The Great REC Arbitrage

No longer reserved for the Fortune 500, financial instruments like Virtual Power Purchase Agreements (VPPAs) are gaining popularity among smaller companies and public-sector entities looking to cost-effectively meet clean energy goals. Google, Apple, Amazon, and Walmart have paved the way for o Read More...

Penn State sets up solar farm

Pennsylvania State University is working to advance energy sustainability priorities both at the University and in the state with a utility-scale solar project consisting of 150,000 solar panels across three locations in Franklin County, Penn. This large-scale solar farm project, targeted for comple Read More...

Philly transit authority to source 20% of electricity from two Penn. solar farms

The Southeastern Pennsylvania Transportation Authority (SEPTA) completed a long-term PPA for 43.8 MW of energy from two Pennsylvania solar projects and intends to use the energy generated for nearly 20% of their electricity demand.SEPTA provides transportation for the Greater Philadelphia region and Read More...

EVRAZ steel mill to source from 300 MW Colorado solar farm

EVRAZ North America will soon power their Pueblo, Colo., steel mill with solar power from a new 300 MW project that was recently financed in a $285 million deal. Lightsource bp closed the financing package for the Bighorn Solar project, which will be located on the EVRAZ Rocky Mountain Steel mi Read More...

Penn State begins purchasing 70 MW from solar project

Penn State University announced Oct. 15 that it began purchasing renewable electricity from a 70 MW solar project in Franklin County.The university first completed the PPA with Lightsource bp in early 2019, agreeing to purchase 100% of the electricity generated by the three solar farms. The solar fa Read More...

Verizon signs 13 renewable energy agreements

Verizon announced on Jan. 28 that it has entered into a total of 13 long-term renewable energy purchase agreements (REPAs) totaling nearly 1.7 GW of renewable energy capacity since December 2019. This has made it of the largest corporate buyers of U.S. renewable energy. The agreements are part of Ve Read More...

Penn State Facilities Engineering Institute aids state in solar generation

The Penn State Facilities Engineering Institute (PSEI) announced March 23 that it is supporting the Commonwealth of Pennsylvania’s effort to establish more solar power capacity as nine of the state agencies it services will participate in the commonwealth’s new program.Pennsylvania Gov. Read More...

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