Multi-buyer CPPAs: pioneering the future of large-scale solar projects

When it comes to renewable energy, staying ahead of the curve is essential. At Ecorus, we’re proud to lead the way with one of the most game-changing solutions in the industry: the multi-buyer corporate power purchase agreement (CPPA). Our project Zonnepark Haghorst showcases how a well-structured CPPA can deliver big wins for everyone involved.

What makes this multi-buyer CPPA unique?
Zonnepark Haghorst, a 40 MWp solar park in the Netherlands, stands as a true innovator. Instead of relying on a single off-taker, we secured a CPPA with not one but three major corporate buyers: Lidl, Hessing, and Van der Valk. This kind of multi-buyer setup with a large scale solar park and multiple long tenor contracts is a first for the Dutch renewable energy market, offering unparalleled stability and flexibility compared to traditional single-buyer agreements.

Why corporates are jumping on board
For companies like Lidl, Hessing, and Van der Valk, the benefits are undeniable:

• Access to large-scale renewable projects: Even with a modest energy volume, these companies gain from the scale and efficiency of a major solar park.
• Price stability: In a market where energy prices can be unpredictable, a 10-year CPPA locks in costs, making financial planning far more secure.
• Sustainability impact: Green energy is a major plus for these brands, helping them move closer to their environmental goals and boosting their appeal to eco-conscious consumers and partners.

Why it’s a win for Zonnepark Haghorst
The advantages aren’t just on the corporate side. For Zonnepark Haghorst, the multi-buyer CPPA brings some major perks:

• Reduced counterparty risk: with multiple buyers, the risk is spread out, making the project more resilient.
• Risk management flexibility: different CPPA structures and risk-sharing options make the project robust, even under market pressure.
• Financial stability: locked-in revenue streams for a decade make this project (better) financeable and ensures long-term success for the project owners.

Ecorus: your One Stop Solar Shop
Our role didn’t stop at engineering, procurement, and construction (EPC). We were hands-on from the day since we were involved, working closely with landowner and project initiator Thijs van Oirschot. Our extensive know-how in large-scale solar projects ensured a smooth and efficient development process. Beyond construction, we played a key role in aligning the right corporate buyers and facilitating negotiations from inception to completion.

“Realizing a multi-buyer CPPA for Zonnepark Haghorst has been a major milestone. Thanks to our collaboration with Ecorus, we’ve developed a high-quality solar park and secured stable, long-term cash flows for the next ten years”, says Thijs van Oirschot, landowner and initiator.

Our work continues long after the last panel is installed. We take pride in managing operations and maintenance (O&M) to ensure that Zonnepark Haghorst runs smoothly, efficiently, and reliably for years to come.

Thinking about a CPPA for your business?
Ready to explore how a CPPA can power up your operations? Whether you’re a corporate looking to go green or a developer aiming for a successful project, Ecorus has your back. With our expertise and strong network, we make sure every detail is covered, from initial talks to the final handshake.