Summary
The company is specialized in the development, production and sale of alternative, sustainable and renewable energies. Also, they are dedicated to the purchase, sale, installation, operation and maintenance of electricity generating equipment for the aforementioned production. Their systems provide carefree, on-site sustainable energy generation, giving corporations a direct reduction of their carbon footprint, and a saving on their electricity costs. In other words: Solar as a Service,
Description
The company operates locally and globally, through international cooperations with best-in-class technical partners. They can offer their services in any location demanded by their clients, with special attention to the European continent and emerging markets. As a group, they activate rooftop, carport and land space. Given the right local potential, the company can add wind power or storage solutions.
Their operations fall under a Power Purchase Agreement (PPA), an agreement between a renewable energy producer and a consumer, where the consumer agrees to purchase the energy generated by the producer on a long-term basis. An on-site PV PPA involves the installation of solar panels at the consumer's site, which allows clean energy to be generated on-site and reduces long-term energy costs. The following are the advantages and disadvantages of contracting a PV on site PPA for an industrial customer:
- No investment.
- Third party financing, not computed in CIRBE and off balance sheet.
- They only pay for the energy consumed.
- Free delivery of the system.
- Guaranteed system efficiency.
- Guaranteed savings.
- No development risks.
- Other works necessary for the execution of the works included in the purchase price of solar energy.
- Installation of EV storage and charging points
Green steps in the process:
1- Remote site assessment: data collection & financial simulation.
2- Solar PPA offer. Optional: energy efficiency measures.
3- Signing of frame agreement, enabling feasibility studies.
4- PPA or system rental contract if all studies are positive.
5- Engineering, financing, insurance, permits and system ordering.
6- Turnkey installation + maintenance + CO2 reporting.
7- Hand-over or lifting of the system (O&M may continue).