Helping Set A New Standard For Energy Innovation

Over our years working together, the team at Candela has pushed itself to not just develop renewable power and storage, but to create projects and find partners that move the entire industry forward in innovative ways that have an impact beyond an individual piece of infrastructure.  

So it’s a pleasure for us to announce our agreement with Google for a 140 MW power purchase agreement (PPA) in Texas. This agreement is a part of Google’s biggest renewable energy purchase ever, announced by them in September 2019, which 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.

With this agreement, Candela will develop a new solar power project to supply green energy to Texas’ ERCOT power grid. This in turn will create new jobs in the state, boost the local economy, and expand solar power production in an area that will always be essential to American energy.

You can read all about how Google is leading the pack in terms of matching its electricity consumption with renewable power. It’s this type of forward-looking effort that inspires us at Candela - because in case you missed it, Google’s overall goal is not just to use existing renewable power. They want to expand the world’s capacity to produce it. 

When we formed Candela, we did so with exactly this goal in mind, i.e., growing the market for and access to cost-effective solar power. That’s how you make the business of sunlight happen.

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