Results: 625. Exactly: 625. Time: 193 ms. Any discrepancies or differences appearing in the Translation are not binding and have no legal effect for any purpose. If any questions arise relating to the accuracy of the information contained in the Translation, please refer to the English version of the Agreement. In 2014, the RE100 initiative was launched at the UN Secretary-General`s climate summit in New York, with the participation of 13 large companies (including the FATF). These companies, which alone account for a total annual consumption of 159 TWh (mainly with the supply of electricity and the cooling of their data centers), are committed to obtaining 100% renewable energy by 2050. Google was the first to lead the way in 2010 by opting for a PPA. According to the BNEF, 8 years later, the company bought 1800 GW of 7,200 GW of power worldwide. In 2016, 51 TWh out of 159 TWh of energy consumed already came from renewable sources, which corresponds to Portugal`s electricity consumption. Although the development of PPPs is developing, this type of contract is not yet widespread worldwide.
PPPs signed in the United States and The Scandinavian countries alone account for nearly 80% of PPPs signed worldwide in 2018. Remember my name, email and website in the browser for my next comment. Any deviation or difference in translation is not binding and has no definitive effect for any purpose. If you have any questions about the accuracy of the information contained in the translation, please read the English version of the agreement. This site uses Akismet to reduce unwanted. Learn more about how your comments are used. As the head of energy supply contracts in your company, you will hear about the Power Purchase Agreement, also known as the “PPA,” as a solution for professional energy consumers in the years to come. With the complexity of negotiations, regulations and regulations, you find it difficult to navigate. In this article entitled “Power Purchase Agreement Definition,” we`ll explain what a Power Purchase Agreement is to give you examples of companies that made this decision and what the benefits are for professionals.
The May 29, 2018 “Kartell” share and unit purchase agreement has been translated from English into French (the “translation”) for the comfort of the reader. Appropriate efforts have been made to ensure the accuracy of the translation.