RWE and Rivian sign 15-year power purchase agreement for clean electricity supply from 127-megawatt Champion Wind Farm in Texas
Rivian Automotive(RIVN) GlobeNewswire News Room·2024-10-31 13:22
AUSTIN, Oct. 31, 2024 (GLOBE NEWSWIRE) -- RWE, the third largest renewable energy company in the U.S., today announced it signed a long-term power purchase agreement (PPA) with electric vehicle manufacturer Rivian for the electricity from an upgraded RWE wind project in West Texas. The PPA underlines RWE’s ability to support the demand for clean electricity from manufacturing, technology and other energy-intensive sectors. Under the 15-year PPA, electricity from RWE’s Champion Wind, a 127 megawatt (MW) wind ...