In 2007, leading beverage brand VOSS set out on a mission to take a hard look at the holistic environmental impact of its exceptionally pure bottled water products. Although VOSS offered some of the cleanest water products in the world, the company realized the process of sourcing, bottling and bringing its products to market in […]
3Degrees helped four leading companies leverage their collective buying power in an innovative renewable energy aggregation, demonstrating how corporate energy buyers of all sizes can successfully purchase renewable energy directly from new renewable projects.
Get answers to your frequently asked questions about power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs).
Bay Area Rapid Transit (BART) is the 5th largest rapid transit system in the US, serving San Francisco and its surrounding communities. BART riders take approximately 430,000 trips each weekday on the system. To transport those riders, BART uses approximately 400,000 MWh every year, making BART one of the largest electricity users in Northern California. […]
Power purchase agreements (PPAs) – and virtual power purchase agreements (VPPAs) in particular – have become a popular and valuable way for companies to meet renewable energy and greenhouse gas (GHG) reduction goals. As many of our clients have experienced, there is a significant learning curve that comes with executing your first PPA–and one that […]
Power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs) have been around for a while. But it can be hard to remember the differences between the two. This infographic provides an overview of the major differences. Need more depth? Check out our article, “Renewable energy power purchase agreements.” Want more information? Take a look […]
Aggregated rooftop solar enables multinational corporate to meet renewable energy goals A large corporation with facilities around the globe wanted to address their emissions from electricity in the Asia Pacific region. With 3Degrees’ help, the company signed a long-term Power Purchase Agreement (PPA) from an offsite aggregated solar rooftop project spanning more than 500 buildings. […]
Akamai Technologies, the world’s largest cloud delivery platform, recently invested in an 80 megawatt wind farm in Texas. This investment (through a PPA) is designed to match the company’s aggregated energy load in Texas with new renewable energy. The project, Seymour Hills Wind Farm, was developed by Infinity Renewables and came online in 2019. This […]
A reality check for corporate and institutional energy customers. Much like the rest of the clean energy industry, we are excited about corporate and institutional (C&I) customers taking meaningful action by directly purchasing renewable energy to reduce their carbon footprint, contribute to cleaning up the grid, manage volatile energy costs and get in front of […]
Virtual Power Purchase Agreements (VPPAs) are a relatively new way to buy renewable energy, providing companies with a financial hedge against future energy prices and a new mechanism for meeting their corporate environmental goals. But these contracts are also complex and it is important to understand how they work. With a VPPA, an organization buys […]
Corporate power purchase agreements (PPAs) are being talked about everywhere — from water coolers to boardrooms to industry conferences. — greening their energy portfolio and creating financial benefits. How did we get here? While a number of interrelated factors have driven this change, we have identified two clear eras in the development of renewable energy. […]
