Large companies are increasingly setting the agenda for the growth of renewable energy across the globe. Purchasing power directly from renewable energy generators under a Corporate Renewable Power Purchase
Agreement (Corporate PPA) allows corporate consumers to take advantage of a range of economic,reputational and sustainability benefits. A Corporate PPA allows corporate consumers to purchase power on a long-term basis directly from renewable energy generators. This is an alternative to the traditional model of buying power from a utility.
Bird & Bird's lawyers advised on one of the earliest Corporate PPAs in 2009 and we have become an experienced advisor on these structures globally.
Over the last decade Corporate PPAs have been on the rise across the globe, and this paper comments on the market for Corporate PPAs in key jurisdictions across Asia, Europe and the Nordics.