Google has signed a 12-year power purchase agreement to purchase renewable energy from a 435-megawatt (MWdc) solar project to be developed, owned, and operated by energyRe. energyRe will supply electricity and renewable energy credits generated from the solar project.
The deal was facilitated through LEAP™ (LevelTen Energy's Accelerated Process), which was co-developed by Google and LevelTen Energy to make clean energy buying and selling more efficient.
Nationally, energyRe’s onshore utility-scale portfolio includes 1,520 MWdc of contracted solar assets and 398 megawatt-hours (MWh) of contracted battery storage assets.