Renewable energy
without investment
The Power Purchase Agreement (PPA) is the innovative solution that allows you to consume renewable energy without infrastructure investment or management costs.
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.
Why choose a PPA?
Discover our PPA projects
Tesco
Tesco Ireland is one of the country’s largest grocery retailers, operating a nationwide estate of stores and distribution infrastructure with high, consistent electricity and heat demand (refrigeration, lighting, HVAC, and daily retail operations).
Sanofi
Sanofi Waterford is a significant manufacturing facility located in Waterford City in the Southeast of Ireland. Established in 2001, it serves as a key hub in Sanofi’s global network with state-of-the-art infrastructure and technology.
How does PPA works?
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Greenvolt Next finances and installs the PV system at the client’s premises or near-site.
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The PV system generates energy that is directly consumed by the client company.
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The client company pays only for the energy it has consumed, at an agreed rate, for a period of 12–20 years.
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The client company stays connected to the grid and is free to manage its energy supply as it deems appropriate.
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Surplus energy that is not self-consumed is fed into the grid and can potentially be valued through virtual local sharing.
Discover what we can do for your business
Tell us about your business needs and our experts will prepare the right solar solution for your company.
FAQ about PPA
Frequently Asked Questions
Do I have to contribute to the cost of designing and installing the system?
No. Under a PPA model, Greenvolt Next is responsible for the full investment, including design, equipment, installation, operation, maintenance, and insurance. You do not need to make any upfront capital investment.
How much can I save on my bill with a PPA contract?
Savings depend on your consumption profile and energy prices, but typically range between 30% and 70% compared to grid electricity. The exact savings are defined during the project assessment.
How can I use electricity if the solar energy isn't enough?
When solar production is not sufficient, your facility automatically draws electricity from the grid as usual. There is no impact on operations or continuity of supply.
Do I have to wait for my existing energy contract to expire before signing a PPA?
No. A PPA can coexist with your current energy supply contract. The solar system simply reduces the amount of electricity you purchase from the grid.
