WPD establishes itself as a partner for Power Purchase Arrangements
Power Purchase Arrangements - PPAs for short - are becoming increasingly important in the financing of renewable energy projects. The possibility of directly marketing generated green electricity and supplying it to private consumers over a term of often 10 to 20 years brings advantages for both sides. The consumer protects himself against price fluctuations in relation to an agreed quantity of electricity, while the generator is guaranteed stable income.
wpd, an internationally active project planner and operator of wind farms on- and offshore as well as solar parks, can demonstrate expertise in this area, which makes the company a recognised partner for PPAs.
The company has already been able to win many well-known and sustainably committed companies as partners for direct purchase of generated green electricity, so that projects not only have a reliable investment basis, but also support CO2 avoidance within the economy. Recently, for example, agreements have been concluded with the Polish subsidiary of the French telecommunications giant Orange for two wind farms in central Poland or in northern Europe with the well-known companies UPM (paper production), K Group (retail chains) or the global player Google.
wpd remains active in order to continue this success story in the present and the future.