Green Peak Energy’s Partnership with Nexans
Nexans is a global leader in cable manufacturing, with many of its cables designed and engineered for the renewable energy sector.
With targets of carbon neutrality and significant reductions on scope 2 emissions identified, partnering with GPE to maximise the solar generation via a Power Purchase Agreement (PPA) was the logical choice.
Our comprehensive solution for Nexans
Turn-Key Solution
Green Peak Energy bear all upfront and ongoing costs of the system, from design, engineering and installation, to insurance, operations and maintenance
Sustainability Outcomes
The system will reduce the site’s reliance on grid electricity by 25-30%, with GPE to provide detailed production information to assist with ESG reporting
Risk Mitigated
GPE provides Electricity Price Review options to check the PPA against grid sourced electricity at different intervals throughout the PPA term
Key highlights from this project
At the time of commissioning, this system was the largest behind the meter solar installation in the district.
Signed up PPA for
20 Years
securing the favorable energy rates
982.5 kW
installation
1.27 GWh
estimated generation in the first year
Nexans paid
$0
for this installation
On top of that:
Our unique PPA ensures that Nexans does not need to worry about:
Insurance
This is covered by GPE
Installation
This is covered by GPE
Maintenance
This is covered by GPE
Hear what Nexans had to say about this project
“Investment into renewable energy has always been an ambition for Nexans and is at the forefront of our sustainability targets therefore the PPA framework tied very well with our E3 business model (Economic, Engagement & Environment) where we would not require large upfront capital, engage with industry experts to identify the most appropriate solution which all tired together to reduce our carbon footprint.”
Zain SYED
INDUSTRIAL LILYDALE & SUSTAINABILITY MANAGER ANZ
