PPA prices continue to fall. Now is an ideal time to sign, platform says

In the energy sector, a power purchase agreement (PPA) is a contract for the direct sale of electricity between a seller (an electricity producer, most often from renewable energy sources) and a buyer (in the context of corporate PPAs, a company purchasing electricity for its own consumption). PPAs can take many forms – they may be physical PPAs, which also cover the physical delivery of electricity, or virtual PPAs, which primarily provide a financial hedge against volatility in wholesale electricity markets. In recent years, PPAs have most often been discussed in connection with the construction of new renewable energy sources, which use long-term PPAs to secure electricity sales and cover investment costs.