A Corporate Power Purchase Agreement (CPPA) is a long-term contract between an energy producer and a company, in which the company purchases renewable energy directly from the producer. This establishes a direct link to specific renewable energy sources, such as solar farms or wind turbines.
A CPPA is the solution for companies without space for their own solar generation or who want to become more sustainable without a heavy financial burden. Whether you have already utilized all space, want to green large energy consumption or are looking for price certainty; a CPPA minimizes financial risk and opens doors to renewable energy. However, implementing a CPPA can be quite complex. That's where Ecorus can help.
At Ecorus, we help many companies use solar panels to generate their own energy. For many of these companies, using solar energy contributes greatly to their ESG goals. But sometimes the energy needs exceed what the installed solar panels can provide. To still meet ESG goals, through a Corporate Power Purchase Agreement, we offer the opportunity to purchase solar energy generated elsewhere. Lidl Netherlands is the first food retailer in the Netherlands to enter into such a CPPA.
Considering a Corporate Power Purchase Agreement (CPPA) is an important step for companies serious about their sustainability goals. However, implementing a CPPA requires a measured approach. There are several factors (see our white paper) that must be taken into account to fully realize the potential of a CPPA.
A CPPA allows companies to buy directly from energy producers, making them certain of the origin of their energy
In a world where energy prices fluctuate, a CPPA provides stability with fixed rates over the life of the contract. This provides clarity in financial planning and budgeting
Consumers and stakeholders increasingly prefer companies that actively contribute to a sustainable future. By entering into a CPPA, a company sends a powerful message