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 […]
Last month, 3Degrees and Origin Climate united to expand our comprehensive range of renewable energy and climate solutions for clients worldwide. As the leader of our environmental markets business, I am especially excited about this news for two reasons: 1) my personal passion to protect the next generation from the worst impacts of climate change […]
An integrated market would drop the cost of wind and solar integration, and make buying wholesale renewables a lot easier What would an expansion of the California wholesale market to a broader Western regional market mean for businesses looking to buy renewable energy? We recently tried to answer that question at a seminar. After a […]
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. [inlinetweet prefix=”” tweeter=”” suffix=””]Today, corporate and institutional (C&I) end users have unparalleled access to bilateral agreements directly with utility-scale renewable energy facilities[/inlinetweet] — greening their energy portfolio and creating financial benefits. How did we get here? […]
