A consortium of 20 UK universities has agreed a £ 50 m ( $ 62 m ) 10-year power purchase agreement ( PPA ) to buy renewable energy directly from windfarms across England and Wales . The landmark deal is the first in which public sector entities have partnered to collectively purchase clean energy . The PPA was arranged by researchers at The Energy Consortium and Squeaky Clean Energy and will fix the price of the energy over the next decade . Norway ’s Statkraft , which owns the company , will guarantee its provision . One of the UK’s largest deals was struck last year between Budweiser brewer AB InBev and solar developer Lightsource BP to build 100MW of solar power, without subsidy, to help power their nationwide operations. Institutions involved in the agreement include Aberystwyth , Anglia Ruskin , Exeter and Newcastle universities .
A consortium of 20 UK universities has agreed a £ 50 m ( $ 62 m ) 10-year power purchase agreement ( PPA ) to buy renewable energy directly from windfarms across England and Wales . The landmark deal is the first in which public sector entities have partnered to collectively purchase clean energy . The PPA was arranged by researchers at The Energy Consortium and Squeaky Clean Energy and will fix the price of the energy over the next decade . Norway ’s Statkraft , which owns the company , will guarantee its provision . Institutions involved in the agreement include Aberystwyth , Anglia Ruskin , Exeter and Newcastle universities .