Equinix signs fourth Singapore solar PPA with Flo Energy
Equinix signs fourth Singapore solar PPA with Flo Energy Aug 18 (Reuters) - Data center firm Equinix EQIX.O said on Tuesday it has signed a new renewable energy Power Purchase Agreement with Flo Energy Singapore, the California-based company's fourth such agreement in Singapore in the past two years.
The solar PPA will add at least 11.5 megawatt peak of capacity from industrial and commercial rooftop installations across Singapore, with an option to expand to up to 50 MWp.
Equinix's cumulative renewable energy portfolio in Singapore is expected to reach 215 MWp by 2028.
Collectively, Equinix's Singapore agreements are expected to generate about 250,000 MWh of electricity annually.
Flo is Singapore's largest independent electricity provider; Equinix is the first customer secured under Flo's newly launched Data Centre Solutions.
Including this PPA, Equinix has more than 1,490 MW of wind and solar PPAs under contract across 11 countries.
(Reporting by Emily Ou Yong; Editing by Lincoln Feast.)
((emily.ouyong@thomsonreuters.com;))