In recent years, solar power has been developing very strongly in Vietnam and one of the top concerns of customers when they want to install a rooftop solar power system is a contract related issue. So what is a Solar Power Purchase Agreement?

What is a solar power purchase agreement?

PPA is a power purchase agreement between the Buyer and the Seller.

• Subject of the contract: Electricity output is generated from the solar power system installed on the roof of the Seller's factory
• Subject of the contract: Electricity Seller and Buyer

The Buyer means the investor that installs, operates the solar power system and sells the generated electricity, and the Seller is the party that consumes the power output from the plant and pays according to the agreed electricity price.

Solar Energy Solutions (Solar PPA)

In order to reduce customers' electricity costs, GreenYellow will finance 100% of the capital, design, construction, operation and maintenance of the entire solar power system, which is tailored according to clients' needs.

In addition, GreenYellow is also recognized by the renewable energy certification website I-REC Standard as a support unit to complete the procedures for businesses in Vietnam to be granted an I-REC renewable energy certificate.

About GreenYellow

Over the past 16 years, GreenYellow has been a key player in the energy transition in France and around the world, and a trusted partner for companies and communities.

Currently, GreenYellow Group has completed 930 MWp of solar power capacity for more than 500 solar power plants and signed more than 3,100 Energy Efficiency Contracts worldwide.

Founded in 2007 in France, GreenYellow is known as an expert in decentralized solar photovoltaic production, energy efficiency and energy services to help businesses move towards sustainable development, GreenYellow offers customers a unique, global cooperation model, a one-stop service to ensure the most optimal energy conversion realization. We operate in 16 countries around the world and are constantly expanding to help businesses make their energy transition successful.

GreenYellow is responsible for the development, financing and operation of infrastructure projects that enable local green energy projects to be competitive, reduce energy consumption as well as accelerate the decarbonization process.

Operating in 16 countries on four continents, GreenYellow is constantly innovating to meet today's climate challenges and expanding its platform with unique global offerings.