Overcoming PPA Challenges
For companies who wish to choose a #CleanEnergy alternative without investing in the construction of a #SolarPlant, Power Purchase Agreements (PPA) are an excellent solution offering reasonable flexibility. Companies have the option of purchasing #electricity, instead of an entire plant, saving considerably on costs.
Here is a fantastic analysis by Energy Monitor on the global PPA scenario: https://lnkd.in/eKqKTaq.
The article raises a common concern about long-term commitment, the solution to which we capabilities to offer through the enhanced flexibility our customized PPA models provide, by catering to specific client needs.
With Cosmic, clients can opt for a short tenure (10 years). Although this changes the #EnergyPricing, the net effect is always enormous savings. Additionally, the term can also be extended mid-way if required. From a long-term perspective, however, a 20- to 25- year term would make #FinancialSense to companies that set goals exceeding 20 years, given that energy-use never ceases.