We recently announced a renewable electricity Power Purchase Agreement (PPA) with Sunnic Lighthouse GmbH. (Learn more: https://bit.ly/4bLuU7N) Following on from its successful implementation, we’re delighted to share that we have extended the PPA to 2030. In addition, the PPA volume has increased which means that from 2029 onwards, approximately 40% of AMP’s German renewable electricity consumption will be covered by this agreement. #ArdaghMetalPackaging #AMPEurope #sustainability #renewableenergy
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Exciting news from the government! The budget for renewable energy projects has been increased, signaling a strong commitment to sustainable and clean energy solutions. This is a significant step towards a greener future and a boost for the renewable energy industry. Check out the full article on BBC.com to learn more. #renewableenergy #sustainability #governmentinitiatives https://ift.tt/UPrAp4N
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Kaua'i Island Utility Cooperative is #Hawaii’s leader in #renewableenergy generation: in 2023, this figure was 57.9%, putting it well ahead of the state’s requirement for electric utilities to reach 40% renewable generation by 2030. Read more here about how the co-op plans to achieve 100% renewable generation - and the role its #cooperative members have to play: https://bit.ly/3xd165j
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Why Are Power Purchase Agreements Essential For Renewable Adoption? 🌿 Unlock the power of renewable energy with Power Purchase Agreements (PPAs)! Discover why they're essential for sustainable adoption and how they navigate regulatory hurdles and market uncertainties. https://lnkd.in/daYJVS3a #RenewableEnergyFuture #CleanEnergyContracts #GreenPowerSolutions #SustainableAdoption #EnergyInnovation
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Meet us at the 2024 REC Market Meeting on the 16th and 17th of April, to connect and discuss the future of renewable and clean energy. The REC Market Meeting is a global platform for renewable energy stakeholders, welcoming hundreds of industry professionals worldwide over the last decade. In 2024, the focus is on "Valuing consumer demand", featuring a diverse program amidst new regulations and international standards. We can’t wait to meet you there and delve into these crucial topics within our industries. #ConnectedforSustainableSuccess #RECMarketMeeting #Renewableenergy
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Section 86(1)(e) of the Act mandates State Electricity Regulatory Commissions (SERCs) to allocate a percentage of electricity consumption to be sourced from renewables. This initiative, known as Renewable Purchase Obligation (RPO), is enforced across all SERCs, guiding electricity distribution utilities (DISCOMs) towards sustainable energy practices. The Ministry of Power supplements this with guidelines on RPO trajectory. Additionally, Section 14(x) of the Energy Conservation Act, 2001, as amended in 2022, authorizes the Central Government to specify minimum consumption shares of non-fossil resources for designated consumers. This includes distribution licensees, who are now recognized as designated consumers under the Energy Conservation Act, 2001. • To browse more Press Releases, visit - https://bit.ly/3NJSG9Q • To learn about our services, visit : https://bit.ly/3CT73Ud • For any customized market research & advisory requirements drop us a query at [email protected] #Eninrac #Advisory #Consulting #Research #RenewableEnergy #Sustainability #EnergyRegulation #CleanEnergy #EnergyPolicy
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Market rules should protect people, SMEs and local authorities from price volatility, while increasing local ownership of #renewables and enabling municipalities to engage in energy sharing - benefitting from long-term renewable energy supply (via power purchase agreements). Last year, we did a lot of work discussing the revision of the EU Electricity Market design directive with EU-decision makers - if you want to hear more of the work we did in 2023, click to see our impact report: https://lnkd.in/eFxXhJJA Check out our joint manifesto for empowering and accelerating energy communities! https://lnkd.in/eNuxrrRj European Committee of the Regions, REScoop.eu
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Section 86(1)(e) of the Act mandates State Electricity Regulatory Commissions (SERCs) to allocate a percentage of electricity consumption to be sourced from renewables. This initiative, known as Renewable Purchase Obligation (RPO), is enforced across all SERCs, guiding electricity distribution utilities (DISCOMs) towards sustainable energy practices. The Ministry of Power supplements this with guidelines on RPO trajectory. Additionally, Section 14(x) of the Energy Conservation Act, 2001, as amended in 2022, authorizes the Central Government to specify minimum consumption shares of non-fossil resources for designated consumers. This includes distribution licensees, who are now recognized as designated consumers under the Energy Conservation Act, 2001. • To browse more Press Releases, visit - https://bit.ly/3NJSG9Q • To learn about our services, visit : https://bit.ly/3CT73Ud • For any customized market research & advisory requirements drop us a query at [email protected] #Eninrac #Advisory #Consulting #Research #RenewableEnergy #Sustainability #EnergyRegulation #CleanEnergy #EnergyPolicy
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On October 9, 2023, the Council of the European Union announced it had adopted the revised Renewable Energy Directive. The amended text revises targets for renewable energy consumption and aims to continue the development of clean energy, particularly in the transport and industrial sectors of the EU. #energy #RenewableEnergy
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Director, Energy Purchasing - Europe at Ardagh Group
1moNils Ahrens great job on this extension. Thanks again to you and the whole team at Sunnic.