CleanEarth Energy - 46 PPAs locked in beyond 2024

CleanEarth Energy - one of the UK's leading renewable energy developers, owners and operators with over 500 wind and solar PV assets installed across the country - uses the Renewable Exchange platform to achieve the most competitive PPA prices and capture the highest market value for their assets.

Maximising the value of the export power is a strategic priority for any asset management company. Conscious of the impact the changing energy has on their export power revenue, CleanEarth team use the Renewable Exchange platform to track PPA price forecasts and be able to effortlessly tender their contracts in response to market developments.

CleanEarth first launched a PPA tender through the Renewable Exchange platform in February 2022. Their portfolio tender included 12 sites with a total installed capacity of 6MW. They timed their PPA tender perfectly to execute at elevated fixed-price levels for all sites.

Following the successful execution of the first portfolio PPA tender, CleanEarth decided to tender a second portfolio of wind, solar and multi-tech sites. Finally, in August, in response to continued increases in the power market, they tendered again for a further out contract, they tendered again for a further out contract starting in 2024.

The portfolio consisted of 46 sites in various technologies including wind and solar. Prices came through from 7different suppliers and CleanEarth exectued using Lightning PPA - the standardised contract developed by Renewable Exchange which allows for an immediate online execution of the agreement.

46 power purchase agreements were awarded and locked in within 12 minutes!

CleanEarth Energy choose Renewable Exchange for:

• Ease of PPA tendering for multiple sites.
• Access to all utility offtakers.
• Ability to easily compare the tender results.
• Speed of the PPA execution process with the Lightning PPA.

Changing the way asset managers contract PPAs

By offering state-of-the-art technology and smart solutions, Renewable Exchange makes it possible to contract multiple PPAs in minutes - so you can maximise results, save time and stay in control.

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"The platform offered quick and easy comparison of multiple quotes for multiple generation sites coupled with unparalleled speed of exectuion. We will definitely be back for more!"

Sean Notley - Director, CleanEarth Energy