Brookfield-owned Scout Clean Energy has signed a corporate PPA with Colgate-Palmolive, a subsidiary of Brookfield Renewable, a US renewable energy asset owner. Power produced at the project will go into Texas’ ERCOT transmission network. The company recently announced plans to commission 18GW worth of renewable energy projects in the next three years across its asset portfolio, particularly targeting the growing market for corporate PPAs. Brookfield recently acquired both Australian Origin Energy and European developer X-Elio from fellow investor KKR.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
