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Commercial Solar

virtual PPA solar array

What is a Virtual PPA?

A virtual PPA, or power purchase agreement, is a type of agreement in which an organization agrees to purchase a certain amount of electricity from a renewable energy project at a set price, without physically taking delivery of the energy. Instead, the company is buying the renewable energy attributes associated with the project, such as …

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sleeved PPA solar panels on hill

What is a Sleeved PPA?

A sleeved PPA, or power purchase agreement, is a type of contract used in the renewable energy industry to finance the development and construction of new projects. Sleeved PPAs are a private agreement between an energy developer and an off-taker, typically a utility company or large industrial consumer, for the purchase of electricity generated by …

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corporate solar PPAs, solar field

3 Benefits of Corporate Solar PPAs

Corporate solar PPAs, or power purchase agreements, offer businesses a long-term contract for electricity by purchasing power directly from the generator. Often, corporate solar PPAs differ from the traditional approach of simply buying electricity from licensed electricity suppliers, and PPAs offer both economic and environmental benefits to their stakeholders, including businesses, developers, and project managers. …

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Variable PPAs solar industry energy

Fixed vs Variable PPAs: What’s the Difference?

Power purchase agreements (PPA), including fixed and variable PPAs, are utilized to fund energy projects with no out-of-pocket expenses. This type of project financing makes energy projects more affordable and feasible for businesses of all sizes. This agreement traditionally involves three parties: developer, investor and host customer. The developer is responsible for the designing and …

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direct pay program solar

How the Solar ITC Direct Pay Program Benefits Tax Exempt Organizations

The Inflation Reduction Act (IRA) passed last summer included direct pay program incentives for a variety of organizations, including tax exempt organizations. Prior to this updated legislation, nonprofit organizations often had to partner with developers or banks through power purchase agreements (PPA). While PPAs are still available and can benefit organizations by offering no out-of-pocket …

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incentive tax credit energy storage

What the Investment Tax Credit Extension to Energy Storage Means for the Industry

The Inflation Reduction Act (IRA) was signed into law by President Biden in August of 2022, extending the investment tax credit (ITC) for clean energy. In this sweeping legislation, a range of incentives and tax credits aimed toward accelerating the production of emissions-free energy are present. Specifically, the IRA extends the investment tax credit to …

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Inflation Reduction Act

How the Inflation Reduction Act Impacts Renewable Energy

In the continuing governmental trend toward the energy transition, congress passed the Inflation Reduction Action (IRA), legislation to combat climate change and strengthen domestic renewable energy technologies. President Biden recently signed this legislation on August 16. The IRA is a significant victory for the climate and renewable energy technologies, including tax credits for advanced manufacturing …

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texas power grid

Texas Power Grid Failure Offset by Renewable Energy

As summer temperatures have continued to rise with a record-breaking heat wave rolling through the nation, the U.S. feared another Texas power grid failure. Luckily, Texas’s independent energy grid remained afloat with multiple adjustments involving renewable and energy efficiency production and practices. Many Texans increased their thermostat temperatures to help save power. Additionally, the Electric …

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