Candela Renewables inks a massive 140 megawatt (MW) power purchase agreement with Google in Texas, bringing new green energy to the ERCOT power grid.
As part of the agreement, Candela will develop a new solar power project, boosting the local economy as a result of the investment and creating new construction and permanent full-time jobs.
This new agreement with Candela is a part of Google’s biggest renewable energy purchase ever, announced in September 2019.
The purchase is also the largest-ever corporate purchase of renewable power – overall, a 1,600 MW package that will comprise 18 new energy deals, of which Candela’s PPA is a part.
Candela Renewables, a technology agnostic solar developer, was founded by former First Solar executives in 2018. Since then, Candela has assembled a portfolio of more than 3.6 GW of utility-scale solar projects and 2.2 GW of co-located energy storage.