In today’s evolving energy landscape, businesses face increasing pressure to align their operations with long-term sustainability and climate goals. One of the most impactful ways to achieve this objective is by signing a Power Purchase Agreement (PPA), a long-term contract to buy renewable energy directly from a renewable energy provider.

Beyond offering price stability and supporting Environmental, Social & Governance (ESG) targets, PPAs have a measurable environmental impact. They accelerate the deployment of renewable energy projects, reduce dependence on fossil fuels, and significantly cut carbon emissions. As corporate climate commitments grow, PPAs are becoming essential to global sustainability strategies.

PPAs: a catalyst for sustainability and renewable energy adoption

A PPA is a contract where a corporate buyer commits to purchasing a specific amount of renewable electricity—often solar or wind—at a fixed price over a set number of years. This long-term agreement gives renewable energy companies the revenue certainty they need to build, operate, and scale renewable energy projects.

From data centers to industries, corporations across sectors are increasingly embracing PPAs. These figures reveal the current state of the PPA market:

  • The number of corporate renewable PPAs signed grew by 33% between 2015 and 2023.
  • Technology companies and data centers are the biggest adopters of PPAs globally.
  • As regulations change, virtual PPAs are becoming more popular in Europe and the US.

More and more companies are signing PPAs as a way to stabilize energy costs, increase their competitiveness, and advance meaningful climate action. But these agreements don’t just procure energy; they help build new renewable generation capacity.

The environmental impact of PPAs

The environmental benefits of PPAs are both immediate and long-term. Each new megawatt of renewable energy capacity backed by a PPA helps displace fossil fuel generation, reducing greenhouse gas emissions and air pollution.

Here are a few examples of what it looks like in action in Italy:

  • Enfinity Global’s 10-year solar PPA with Feralpi Group is expected to avoid 6,210 tons of CO2e emissions per year, equivalent to the annual emissions of 2,493 cars in Italy.
  • A PPA with Nova Aeg provides 12 GWh of renewable energy annually—enough to power around 4,444 homes while expecting to avoid approximately 3,240 tons of CO2e emissions per year.
  • In partnership with A2A, Enfinity’s 97 MW solar portfolio in the Lazio region will produce 160 GWh of renewable energy per year, expecting to avoid 43,200 tons of CO2e emissions each year and powering around 59,259 households.

These projects show how PPAs directly support decarbonization efforts and expand access to renewable energy.

Enfinity’s role in the renewable energy transition

At Enfinity Global, sustainability isn’t just a buzzword—it is our core mission. With a global pipeline of 36 GW in solar, wind, and storage, we partner with leading corporations and utilities to accelerate the renewable energy transition and help them achieve their decarbonization goals.

In Italy, Enfinity signed about 800 MW of PPAs in just the past two years with major industrial and utility partners. Our global portfolio includes:

  • 1.1 GW of operational assets in the US, Italy, Japan, and India
  • Close to 1.3 GW of projects are under construction

Our ESG strategy and energy storage initiatives are designed to align with our clients’ long-term sustainability goals: lowering emissions, increasing environmental resilience, and enabling renewable energy at scale. As seen with Feralpi Group, Nova Aeg, and other corporate partners, our PPAs are delivering measurable, sector-wide sustainability transformations.

Driving the energy transition

Signing a PPA is a commitment to a sustainable future. By supporting the development of renewable infrastructure and replacing fossil-based power sources, PPAs provide companies a direct way to reduce environmental impact and meet sustainability goals.

At Enfinity Global, we’re proud to be a trusted partner in that journey. Through our global reach, deep expertise, and shared vision, we’re building a smarter, more sustainable energy future—one PPA at a time.

Learn more about Sustainability at Enfinity here.