Equinix signs fourth Singapore solar PPA with Flo Energy
EQIX•Equinix signs new renewable energy agreement in Singapore
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.
