Power Purchase Agreements

Delivering renewable energy to the market is what we do. Private Power Purchase Agreements (PPAs) are expanding who we do it for. 

As a world leading developer of wind and solar power, Mainstream delivers clean, affordable and reliable green energy solutions to our partners.

a graph illustrating the stages and benefits of how a power purchase agreement works

Delivering clean power benefits

There is no one-size-fits-all PPA. Our projects deliver a host of  benefits to our partners that go beyond supplied Gigawatt hours (GWh) of electricity. 

Our assets are generating clean, affordable and traceable green energy, giving our partners certainty over the long term and protecting them from volatile energy prices. And while our partners have traditionally been public bodies, we are now providing the benefits of renewable solutions to the private market.

Locking in affordable energy

Solar PV and onshore wind are now the cheapest forms of energy generation, and the Levelised Cost of Electricity (LCoE) from offshore wind and battery storage is on a similar downward trajectory. 

We developed the 450 MW Neart na Gaoithe offshore wind farm under a Contract for Difference (CfD) scheme that fixed the price of its electricity, reducing the UK’s exposure to volatile global energy markets. Now we are focused on giving corporate users the same long-term supply certainty.

image collage of a wind turbine and solar panels to depict hybridisation of these technologies

Securing reliable electricity supply

Global electricity demand is forecast to almost double in the next three decades, with wind and solar PV accounting for up to 70% of generation by 2050. Add in the support of battery storage, renewables are providing a pathway to secure, reliable, on-demand energy. 

In Chile, our hybrid Andes Renovables platform will supply 3,366 GWh of electricity every year– matched to exacting daily demand profiles – under  20-year contracts with the National Energy Commission. 

air-e and mainstream renewable power representatives at signing for power purchase agreement

Achieving decarbonisation and ESG ambitions  

The transition to renewable energy is fundamental to limiting global warming. Our projects are helping countries and private  partners to deliver on their decarbonisation commitments and  to show Environmental, Social and Governance (ESG) responsibility. 

In Colombia, we have signed a 15-year private PPA with the utility Air-e which, in taking 180 GWh a year from our 100 MW Andromeda solar PV project, will be able to power the equivalent of more than 85,000 customer homes with green electricity. 

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Our Corporate Solutions 

The Corporate PPA market is taking off, with a growing number of blue-chip companies pledging through the RE100 initiative to offset 100% of their electricity use with clean energy.  

Private off-take from existing generation, purpose-built projects and the purchase of clean energy certificates will all have a role to play. Meeting this group’s demand for renewable energy by 2030 will require nearly 450 TWh of renewable generation to be delivered by 2030, equivalent to powering France for a year.  

Our industry-leading track record – not to mention CDP ‘Leadership’ rated success in reducing CO2 emissions along our own supply chains – makes us a natural partner for even the most energy intensive corporations that have decarbonisation on their business agenda.  

PPA's Get in touch

If you have any questions about Mainstream´s green corporate PPAs and how they can help your business, please get in touch.

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