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Understanding power purchase agreements (PPAs)


Posted Feb 21, 2025 | Hits: 24
Country: Singapore
A Power Purchase Agreement (PPA) is a long-term contract between a power provider and a buyer that is typically intended to ensure reliable energy supply at competitive prices. PPAs are often utilised in renewable energy projects to provide businesses with clean energy without incurring upfront infrastructure costs. A Power Purchase Agreement, which locks in energy rates, gives financial stability and sustainability benefits, making it a great alternative for organisations looking to minimise carbon footprints and energy costs.

For further information, please visit https://www.unionenergy.com.sg/.

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