February 8, 2016 |
By
Keith Martin in Washington, DC
New commercial PPAs signed in 2015 reached 3,160 megawatts, more than double the year before.
Further growth is expected in 2016. The contracts, with data centers, factories and other large consumers of electricity, are a welcome alternative for project developers struggling to find US utilities willing to sign long-term power purchase agreements. The American Wind Energy Association reports that of the 1,800 megawatts of power purchase agreements signed by US wind developers in Q4 2015, roughly 75% were commercial PPAs.
