European Renewable Energy PPAs
Another successful WeBridge* event in London yesterday.
The topic of discussion – corporate PPAs in Europe.
It made for a great event, lively and informative. It’s clear people have lots of great input and opinion on this particular subject. The time to talk about this is right now.
MicroSoft‘s deal with Eneco yesterday is a robust example of the importance of the PPA market pathway for Offshore wind revenue.
Microsoft and Eneco
On Wednesday 23rd May Microsoft made an announcement.
The giant tech company will buy 90 MW from the offshore wind project, Borssele III/IV. The PPA is with the Dutch sustainable energy company Eneco. The agreement will start in 2022.
This will be Microsoft’s second purchase of wind energy in the Netherlands in a year. Their 14th renewable energy power purchase agreement in total.
Read the full press release from Microsoft.
*Taylor Hopkinson are the founding sponsor of WeBridge