European Energy develops wind and solar farms as well as energy storage solutions. We are building solutions to climate change.See partner
European Energy offers green power purchase agreements for large industrial power consumers
European Energy offers renewable power purchase agreements (PPA’s) to large industrial power consumers, such as datacenters or factories.
A PPA is a long-term contract on taking off all green electricity generated by a specific newly established farm, at a price that is fixed for a period of 10, 15 or 20 years.
PPA’s are a cost-efficient and effective way of meeting corporate sustainability goals. By entering into a PPA, the corporate off taker ensures that renewable energy displaces power generation from fossil fuels, such as coal or natural gas. Contrary to other sustainability initiatives a PPA doesn’t require any capital investments, and works as an effective hedge against price fluctuations on the power market. A PPA thus allows the off taker to contribute to the green transition by their sourcing strategy, and keep focus on their core business.
The farms are often constructed at the production facility or in close proximity. If the site doesn’t allow for construction of a renewable energy farm, European Energy has a pipeline of 242 MW ‘ready to build’ projects, and an extensive portfolio of projects in various stages of development in Europe and beyond. We are thus able to provide renewable PPA’s for all kinds of large industrial power consumers, and are able to offer green electricity from solar, onshore as well as offshore wind.