Virtual PPAs offer the advantage of predictable energy costs while delivering green electricity to customers. Such models enable businesses to pursue economically sustainable practices while addressing environmental goals. They help stabilize electricity supply costs, mitigate exposure to energy market price fluctuations, and provide guarantees of origin certifying the use of renewable energy sources.
Orange Romania Group and ENGIE Romania have entered into a sustainable long-term vPPA centered on renewable energy sources, securing an annual supply of 30 GWh of electricity from solar power facilities.
This agreement aligns with Orange Group’s strategic plan, “Lead the Future,” which aims to achieve carbon neutrality in Romania by 2040, continuing the company’s commitment to long-term sustainability.
It also underscores the growing trend among companies to adopt green energy solutions to reduce their carbon footprint.
Source: Balkan Green Energy News
