Virtual PPA
Services and Technologies
Information
Renewable power generated from our portfolio of power plants is offloaded to a specified delivery point on the power grid to be marketed.The renewable energy buyer does not physically receive the electricity, reducing the burden of requiring a change in supplier associated with this solution. Since our power plants have no direct link with your energy provider, there are no sleeving costs involved and RECs are issued to affirm your commitment to sustainable energy.
Through a long-term PPA, an agreement is reached between producer and partner on a supply price (also known as the strike price). If energy prices were to fall above the threshold agreed at the strike price, your business will receive the economic benefit based on the amount generated and the positive price difference (Contract for Differences - CfD).
The flexibility of Virtual PPAs has made them the preferred large-scale green energy contract for US corporations. On a global scale, this makes VPPAs the go-to choice for multinational companies operating in multiple markets, each with their own framework. Our business team is able to customize a Virtual PPA based on your market needs.
