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5. Power Purchase Agreement

5. Power Purchase Agreement

"We make (PPAs) to fill the need for long-term and secure power sales."

As more and more markets are moving away from subsidies, corporate power purchase agreements (PPA) have begun to fill the need for long-term and secure power sales. PPAs are long-term contracts with a business to deliver renewable power at an agreed price. PPAs are typically made before the construction phase but can also occur at a later project stage.