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Power Purchase Agreements (PPAs)
What is a PPA?
A Power Purchase Agreement (PPA) is a contract that offers long-term electricity supply at stable and competitive price, providing access to the benefits of a photovoltaic system without any initial investment or management costs.
Zero initial investment
Greenvolt Next takes care of all the investments necessary for the construction, maintenance and insurance of the photovoltaic system. Your initial investment is zero.
Savings on energy bills
You pay only for the energy you consume at an agreed rate that is lower than the energy market price. Based on the energy the company consumes we estimate a potential bill savings of 30% to 70%.
Clean energy
The energy produced by the plant is 100% photovoltaic and therefore totally clean and ESG compliant.
Why choose a PPA?
1
Greenvolt Next finances and installs the PV system at the client’s premises or near-site.
2
The PV system generates energy that is directly consumed by the client company.
3
The client company pays only for the energy it has consumed, at an agreed rate, for a period of 12–20 years.
4
The client company stays connected to the grid and is free to manage its energy supply as it deems appropriate.
5
Surplus energy that is not self-consumed is fed into the grid and can potentially be valued through virtual local sharing.
How does PPA work?
Discover our Solar PPA projects
Marq Logistics
Marq Logistics is a global leader in the development and operation of modern logistics facilities. The company manages an international portfolio of approximately 2,000 properties, representing more than 600 million square feet of logistics space, and provides high-quality facilities for some of the world’s leading distribution and supply chain businesses.
2
UK Logistics facilities
3,813
solar panels installed
~1.8MWp
Combined installed capacity
225 tons
CO2 avoided per year
Eli Lilly Ireland
Eli Lilly a global leader in pharmaceutical innovation has ambitious environmental goals, and the Irish unit chose Greenvolt Next as a partner to develop, finance and execute the renewable energy project.
9.6MWp
Installed capacity
7.6 MWH
energy produced per year
2,435 tons
CO2 avoided per year
Discover what we can do for your business
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Power Purchase Agreements (PPAs) FAQ
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