Featured in Electric avenues – 09-2017

Off-site, in mind

Corporate PPAs: Power purchase agreements can offer innovative solutions for the growth of off-site solar, which is an area of the PV industry that is ripe for investment, writes Benoy Thanjan from Reneu Energy.

By

pv magazine

05 Sep 2017

Walmart is one of the best-known examples of a leading U.S. brand enthusiastically and visibly embracing solar energy. It has been able to do so thanks to highly effective PPA models that meet its financial objectives.

Corporations looking to hedge long-term energy prices while accomplishing their sustainability goals should consider contracting with off-site solar projects as an attractive solution to their energy needs. Off-site solar allows businesses an opportunity to buy electricity at a fixed rate, over a period of time, through long-term contracts such as corporate power purchase agreements (PPAs).Recently, …

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