As the world is becoming more and more dependent on electricity, there is a need for a reliable and stable power supply. Microgrids have emerged as a potential solution to meet this demand. In this article, we will discuss what microgrids are, their advantages, and how they work. We will also examine the different types […]
Microgrids: A Comprehensive Guide to Understanding and Implementation Read More »
Renewable Energy Certificates (RECs) are becoming an increasingly popular way to invest in the growth of renewable energy. They represent proof that a certain amount of renewable energy has been generated and is bought and sold as a way to incentivize the production of more clean energy. Many aspects of renewable energy credits involve complicated
Understanding Trading Renewable Energy Certificates (RECs): Everything You Need to Know Read More »
Renewable Energy Credits (RECs) are a way to track and verify the generation of renewable energy. RECs are used to incentivize and promote the development and use of renewable energy sources, such as wind and solar. What are RECs? Renewable energy credits are certificates that represent the environmental benefits of renewable energy. They are created
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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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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, 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.
3 Benefits of Corporate Solar PPAs Read More »
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
Fixed vs Variable PPAs: What’s the Difference? Read More »
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
How the Solar ITC Direct Pay Program Benefits Tax Exempt Organizations Read More »
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
What the Investment Tax Credit Extension to Energy Storage Means for the Industry Read More »
As the solar industry has grown in recent years, the term “solar developer” has grown in prominence. A solar developer, or project developer, is a company that guides a solar farm from an idea to reality (specifically, the point when it’s ready for construction). Developers can range in scale from a few employees to thousands.
What is a Solar Developer? Read More »
