Keep the lights burning with tailored renewable energy solutions
Enel Green Power’s commitment to providing bespoke renewable energy solutions is unlocking financial and energy supply freedom
As a leading multinational renewable energy corporation, Enel Green Power (EGP) has taken a vested interest in what its global customers require to power their businesses into the future, which involves providing tailored solutions to ensure security of energy supply.
It cemented its presence in South Africa several years ago as Enel Green Power South Africa (EGP RSA). Recent regulatory amendments have resulted in a significant rise in customer interest in the potential of renewable energy. In this respect, EGP RSA is well positioned to provide tailormade solutions to commercial and industrial (C&I) customers that will allow them to reduce their carbon footprints, achieve their sustainability goals and facilitate business continuity by ensuring a stable supply of energy.
The benefits of a partnership with an IPP
In a time when the power supply is somewhat erratic and load-shedding results in costly downtime, alternative energy solutions such as generators can be expensive to purchase and are environmentally damaging, owing to their use of internal combustion engines and fossil fuels.
In addition to a continuous supply of power, purchasing energy from an Independent Power Producer (IPP) through a long-term Power Purchase Agreement (PPA) is advantageous, as customers can plan their spend. With no upfront capital spend required from the C&I offtaker, PPAS provide tariff certainty and negate continuous energy cost fluctuations from the utility, as the PPA tariff indexation/ increase mechanism is based on the consumer price index (CPI).
Purchasing renewable energy via a PPA also facilitates the meeting of sustainability goals. This is particularly important for those enterprises that have committed to the global corporate renewable energy pledge, and are aiming to use 100% renewable energy in the future.
Choosing the right partner to plug in with
As the government continues to amend regulations, now is the opportune time for large-scale commercial and industrial businesses to reap the rewards that come with renewable energy.
EGP’S long-standing global success is attributed not only to its engineering capabilities and innovations, but to its integrated business model, which includes solutions such as personalised financing options and consistent attention to operations and maintenance.
Furthermore, EGP RSA provides both on- and off-site generation, depending on the requirements and space availability of customers. The first involves an energygenerating solution on the customer’s site, if adequate space is available and taking into account the customer’s geographical location. Referred to as a behind-the-meter project, this method involves EGP’S solutions connecting directly to the customer’s internal system. For those customers with location or space constraints, EGP offers an offsite solution in which the company delivers power directly to the customer’s operation through the network.
Community upliftment initiatives and creating shared value for its host communities form part of EGP RSA’S core values. To achieve this, the company partners with local communities and organisations to contribute to local development initiatives, and extends the invitation to participate with several of its clients.
With global commercial and industrial PPA partnerships including the likes of global brewer Anheuser-busch (AB Inbev) and multinational confectionery company Mondelez International, EGP puts the power back in the hands of its customers, ensuring their success, now and in the future.