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Power Purchase Agreements

Benefits of Power Purchase Agreements

A power purchase agreement offers numerous advantages, with the primary benefit being certainty. The agreement guarantees a consistent and predictable energy supply at a fixed price, which implies long-term budget assurance. It also serves as a valuable way for your company to contribute to the green transition.

What is a Power Purchase Agreement?

A power purchase agreement (PPA) is an agreement between your company and Nordic Solar outlining the purchase of a specific amount of renewable energy at a predetermined price. The typical duration is ten years, but it may vary and be as short a period as one year, but also even longer than ten years. This contrasts with traditional energy markets on which prices may vary considerably.

A power purchase agreement does not require a physical connection between your business and our solar park. Instead, it ensures that the energy your company consumes from the grid matches the energy produced and provided to that grid by our solar park. Essentially, a PPA aligns your energy consumption with our renewable energy production.

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We welcome the opportunity to discuss how a power purchase agreement may specifically benefit your organisation. Get in touch with us to learn more about our offering and how we can assist your company in its journey towards a more environmentally responsible future.

Impact

Our Impact

We are on a mission to make everyone benefit from solar energy. But we are also on a mission to carry out dedicated ESG work. We are constantly striving to integrate and develop sustainability in all aspects of our business and organisation, including everyday life that shapes Nordic Solar.

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Solar park in Højby