Long-Term Power Purchase Agreement (PPA)
A long-term electricity procurement contract signed between a corporate buyer and a power generator, in which the buyer commits to purchasing electricity at a fixed price over a period of decades. PPAs help generators secure financing and serve as a primary tool for technology companies to ensure clean energy supply for data centers.
Core Facts
Timeline (last 90 days)
The contract term of a long-term power purchase agreement (PPA) is usually 10 to 20 years.
Meta has previously driven the deployment of renewable energy projects in the clean energy sector by signing long-term Power Purchase Agreements (PPAs).
A Power Purchase Agreement (PPA) is a long-term contract mechanism in which the buyer commits to purchasing the seller's electricity output at an agreed price over a specified future period, with a typical term of 10–25 years.
All Facts (3)
A Power Purchase Agreement (PPA) is a long-term contract mechanism in which the buyer commits to purchasing the seller's electricity output at an agreed price over a specified future period, with a typical term of 10–25 years.
75%UnverifiedThe contract term of a long-term power purchase agreement (PPA) is usually 10 to 20 years.
50%UnverifiedMeta has previously driven the deployment of renewable energy projects in the clean energy sector by signing long-term Power Purchase Agreements (PPAs).
50%