Power purchase agreements
Bring a new renewable project to life
Transitioning to renewable energy is critical, and large organizations have an opportunity to bring new wind and solar projects to the grid. Power purchase agreements (PPAs) are an innovative, cost-effective way for large power users to procure green electricity and make significant progress towards their climate goals.
Our power purchase agreement solutions enable organizations across Canada to contract directly with renewable energy producers to make new wind and solar projects viable. With our risk mitigation strategies, PPAs can provide energy cost security — and even potential cost savings.
Make an impact
With a PPA, your organization will make a new, grid-scale renewable project possible and see it come to life.
Share your story
Celebrate your tangible green energy progress with your customers, employees, and investors.
Be ready for anything
PPAs can act as a hedge against volatile energy prices and provide insulation from rising energy costs.
Why partner with us?
As Canada’s leading green energy provider, we can help your organization evaluate its energy needs and determine if a PPA is the best fit. If you choose to procure renewable energy with our power purchase agreement solutions, we’ll help you navigate the process—from selecting a project and running a request for proposal (RFP) through to structuring deals and managing risk.
Sean Drygas, an expert in power purchase agreements, explains how virtual PPAs can work for businesses across Canada.
What are power purchase agreements?
PPAs are financial agreements between an energy buyer and a renewable energy project developer. In these long-term contracts, the buyer guarantees the developer a fixed price for energy from a project that hasn’t been built yet, such as a wind farm or a solar array. For this fixed price, the buyer receives renewable energy certificates (RECs) from the project.
Testimonials
Stacy Kauk, Director of Shopify’s Sustainability Fund
