Clearway Energy executes 20-year PPA with Google for Swan Solar project

Clearway Energy's execution of a 20-year Power Purchase Agreement (PPA) with Google for the 650 MW Swan Solar project represents a significant commitment to renewable energy procurement. This agreement underscores the growing trend of large technology companies like Google directly contracting for substantial renewable energy capacity to meet sustainability goals. The involvement of both Clearway Energy, a leading renewable energy company, and Google, a major corporate offtaker with a history of similar deals with Clearway, highlights the established relationship and confidence in the project's viability. The participation of Deriva Energy as an offtaker further diversifies the project's revenue stream and demonstrates the appeal of the Swan Solar project to multiple energy consumers.