Clean energy provides new pathways for hedging long-term energy prices, providing energy resiliency and allowing you to meet your sustainability goals. Our customized solutions aim to identify a customer’s goals first and offer the appropriate renewable energy product to achieve those goals, backed by third-party investments.
Virtual Power Purchase Agreements
In 2019, Facebook signed a 61.6 MW PPA with the Altavista Solar project in Virginia. The project will help support Facebook’s operations in the state and will help the company make strides toward its dual targets of reducing greenhouse gas emissions by 75% and supporting 100% of its operations with renewable energy in 2020.
Apex operates four wind energy facilities on behalf of IKEA, two of which were purchased from Apex. These facilities offset more than three times IKEA’s U.S. energy demand.
Apex is providing retail electric service to the Fort Hood military garrison in Texas, comprising energy from an on-site 15 MW solar facility and an off-site 50 MW wind facility. The contract is expected to save the Army $168 million over the 28-year agreement term.
There are three primary ways that Apex has provided corporate customers access to large-scale clean energy projects: project ownership, virtual power purchase agreements, and physical delivery. These options offer flexibility and tailoring to a customer’s specific needs.
Contact us to learn which solution may be right for your company.
Right now, wind power is the cheapest form of energy in the country. Apex can offer a price that is competitive with the current wholesale price of conventional power for energy and RECs.
Meet your company’s sustainability goals with clean, domestic, water-smart, and carbon-free electricity, delivered directly or through certified credits.
A fixed-price power purchase agreement helps mitigate exposure to volatile or rising long-term electricity rates—whether purchasing grid-proximal or outside your market—over the contract term.
Your investment enables Apex to finance and build new facilities that bring jobs to rural communities, pay royalties to landowners, and generate tax revenue for counties and schools.
Our success in delivering clean energy across the United States allows our corporate customers to benefit from low-cost clean energy that provides resiliency and redundancy to ensure reliable power for their operations.
Why and how are companies making the transition to clean energy? The why is increasingly clear—but for many power buyers, the how remains elusive. This report offers a look at solutions to fit diverse needs and priorities and helps identify procurement strategies that new and experienced energy buyers alike can apply to help scale new projects and reach beyond their current energy solutions.
Corporations are joining with rural communities to accelerate the shift to renewable energy, creating a ripple effect that benefits us all.
“The most successful C&I developers will be able to bid competitively priced PPAs but also build out relationships that allow them to help corporations navigate these risks. As C&I PPAs become more tailored and complex, these relationships will be instrumental in getting first-time buyers to sign PPAs, turning corporations into repeat buyers signing second and third PPAs.”
—WoodMackenzie, U.S. Corporate Procurement of Wind and Solar 2020
“The project at Fort Hood, the Army’s first hybrid and largest single renewable energy project to date, is an excellent example of the extraordinary results we can achieve through collaboration. The Army will continue to partner with private-sector entities such as Apex Clean Energy, Inc., to expand renewable energy initiatives on our installations. By working together, we can ensure a sustainable world for future generations.”
—Katherine Hammack, Assistant Secretary of the Army for Installations, Energy, and Environment
“Our decision to partner with Apex and execute a long-term renewable energy agreement reflects our longstanding commitment to drive a clean energy landscape.”
—Jim Keane, President and CEO