EDPR signs 30-year PPA for solar energy in the US

By Global Infrastructure Sherpa · Jan 7, 2026

Ppa Solar signed Illinois, USA Jan 7, 2026

150 MWac

Capacity

development

Stage

EDPR, through its subsidiary EDP Renováveis, has signed a power purchase agreement (PPA) with Consumers Energy Company to sell renewable energy produced by a solar project in Illinois for 30 years. The project has a capacity of 150 MWac and is expected to start operating next year.

Deal Analysis

EDP Renováveis (EDPR), through its subsidiary, has secured a 30-year power purchase agreement (PPA) with Consumers Energy Company for a 150 MWac solar project located in Illinois. This agreement signifies a long-term commitment to renewable energy generation and supply, with the project slated to commence operations next year. The PPA structure provides EDPR with revenue certainty over the contract duration, while Consumers Energy Company secures a stable source of renewable energy to meet its energy demands and potentially fulfill renewable portfolio standards. The deal is notable due to the involvement of EDPR, a global leader in renewable energy, and Consumers Energy Company, a significant utility provider in the Midwest. The 150 MWac capacity represents a substantial solar energy addition to the Illinois grid. This PPA further demonstrates the increasing trend of utilities securing long-term contracts for renewable energy, reflecting a broader shift towards decarbonization and sustainable energy practices.

30-year PPA provides long-term revenue certainty for EDPR.
150 MWac solar project represents a significant capacity addition in Illinois.
Involves a global renewable energy leader (EDPR) and a major utility (Consumers Energy Company).
Demonstrates the increasing trend of utilities securing long-term renewable energy contracts.

Market Context: The solar energy market in the United States, particularly in states like Illinois, is experiencing significant growth driven by declining costs, supportive policies, and increasing demand for clean energy. Utilities are actively seeking to diversify their energy portfolios with renewable sources to meet regulatory requirements and customer preferences.