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Rezolv Energy and A2A sign Virtual Power Purchase Agreement for 150 GWh of wind energy in Romania

A2A, an Italian group active in the energy, water and environment sectors, has signed a 7-year Virtual Power Purchase Agreement (VPPA) with Rezolv Energy, an independent power producer backed by Actis.

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ICT companies should act now to secure the green power needed for data centre growth

In the last article in this series, we explored the regulations, directives and other EU initiatives which are – or will be – the most important in encouraging European companies to switch to buying more renewable power.

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Ardagh Glass Packaging-Europe enters Bulgarian renewable energy market by signing Virtual Power Purchase Agreement with Rezolv Energy

Ardagh Glass Packaging-Europe (AGP-Europe), an operating business of Ardagh Group, announced today that it has entered a long-term Virtual Power Purchase Agreement (VPPA) with Rezolv Energy’s St. George solar photovoltaic (PV) project in Bulgaria, securing renewable electricity for its glass manufacturing operations across Europe from April 2026.

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Rezolv Energy hands contracts to three companies, including Solarpro and CMC Europe, to build the ‘St. George’ solar park in Bulgaria

Actis-backed Rezolv Energy has selected three companies – CMC Europe, Solarpro and Green Solar Energy – to build the 229MW ‘St. George’ solar park in Silistra Municipality in Northeastern Bulgaria. Construction work is due to start very shortly, with the plant coming onstream next year.

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Which regulatory changes at EU level are doing – or will do – the most to push companies towards renewable power?

In the last article in this series, we took a deep-dive into the telecommunications industry, a sector which, according to industry estimates, accounts for 1-2% of all energy consumed globally – and which is amongst the fastest-growing for renewable energy power purchase agreements (PPAs).

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Why is the telecoms industry amongst the fastest-growing sectors for renewable energy PPAs?

In the last article in this series, we took the first of several deep-dives we will be taking into industry sectors which are heavily impacted by the energy transition – and which are driving demand for renewable energy power purchase agreements (PPAs) in Central & South Eastern Europe.

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Bekaert and Rezolv Energy sign 100 GWh wind Power Purchase Agreement in Romania

Bucharest, 4 July 2024: Rezolv Energy, the Actis-backed independent power producer in Central and Southeastern Europe, through their project subsidiary First Looks Solutions S.R.L., have signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert, a global leader in steel wire transformation and coating technologies.

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T-Mobile Czech Republic, Slovak Telekom and CE Colo sign pioneering cross-border virtual Power Purchase Agreements with Rezolv Energy

Major deal will see the Deutsche Telekom companies buy 100GWh of clean power per annum for 12 years
The deal, the first cross-border virtual Power Purchase Agreements signed by Czech or Slovak companies, will enable the construction of the one of Europe’s largest onshore wind farms.

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Rezolv Energy & Low Carbon hand Vestas EPC contract for VIFOR wind farm in Romania

Bucharest, 17 June 2024: Actis-backed Rezolv Energy and Low Carbon, through their project subsidiary First Looks Solutions S.R.L., have selected Vestas as the engineering, procurement and construction (EPC) partner for the first phase of the ‘VIFOR’ wind farm in Buzău County, Romania. Phase 1 will install 192MW in capacity, with planned expansion to 461MW in Phase 2.

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