A Virtual Power Purchase Agreement (VPPA) is a contract between an energy buyer and the developer of a renewable energy project, such as a solar array. In this agreement, the buyer guarantees the developer will receive a set price for the energy, and the developer receives the renewable energy credits (RECs) for the energy that is generated and sold. These contracts are typically for 10-20 years.
Solar carports do not require a roof or surface to attach the solar panels. The panels themselves serve as the roof. These systems are essentially taller ground-mounted solar panels, simply lifted high enough so that vehicles can fit beneath. A solar carport, not depending on an existing structure, can be designed to optimize the positioning of the solar panels to maximize the amount of energy produced.
Some roofs are not well suited to solar energy systems. They may be too small, have limited space available due to other rooftop installations, or have limited sun exposure.
Your business’s roof may be underutilized. An ordinary rooftop can become an energy-producing asset. Genie Solar Energy offers a variety of products and configurations to meet efficiency and ROI goals. We consider sun exposure, available space, and reflectivity to configure the best solution for your business.
Genie Energy Ltd., (NYSE: GNE, GNEPRA) is a global energy solutions company. We supply customers in the US and Europe with electricity, including electricity generated from renewable resources and with natural gas. Through Genie Solar Energy and Prism Solar, we design, construct and install commercial solar energy solutions. We provide commercial and industrial clients with energy brokerage and consultative services through our Diversegy brand.
