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[Music] sustainability has moved from mere PR to a core value for companies current corporate commitments include reducing water wastage and carbon footprint the circular economy and fossil fuel divestment in parallel to fossil fuel divestment which has docHubed 12 trillion dollars renewable energy has become a priority for companies many of them are transforming themselves into pillars of a sustainable economy with a 100 percent renewable energy goal for the next years the commitment to this type of energy is embodied in a new type of collaboration between the electric sector and businesses its called PPA or power purchase agreement in 2019 alone a total value of PPAs docHubed 19 point 5 gigawatts up from only 0.1 in 2010 but how do they work they are long-term agreements between an energy producer and a client by which the former supplies renewable energy to the latter under a fixed price there are two basic types of PPA by location off-site where the client receives electricity from