ENGIE, Microsoft Seal Innovative ‘Firm Power’ PPA for 230 MW Wind and Solar in Texas
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ENGIE, the world’s largest independent power producer, has signed an innovative volume firming agreement (VMA) with Microsoft that will allow the technology giant to buy “firm” power from wind and solar projects in Texas under a specially structured power purchase agreement (PPA).
The companies on Sept. 24 said the long-term PPA will allow Microsoft to buy a total of 230 MW that ENGIE plans to put online in January 2021 on a fixed, 24/7 basis, to match hourly consumption from a Microsoft data center in Texas. The majority of output will come from the 200-MW Las Lomas wind project in Starr and Zapata Counties in south Texas, but Microsoft will also buy 85 MW from the 200-MW Anson Solar Center project in Jones County, central Texas.
ENGIE and Microsoft on Tuesday also announced a partnership to integrate Microsoft Azure intelligent cloud services with ENGIE’s Darwin energy software to optimize performance of ENGIE’s wind, solar, and wind + solar hybrid assets worldwide.…