At Renewvia Energy, we have one focus: providing solutions for owners and developers of investment-grade commercial properties. We understand the difficult business challenges associated with structured-finance projects on investment-grade commercial properties. Renewvia Energy provides commercial property owners and developers a flexible, strategic, and green energy solution. We provide long-term economic value to commercial and industrial buildings by harnessing the power of solar energy. Our clients agree to purchase the power generated by the solar power plant for a term of 10 -20 years through a power purchase agreement (PPA). Renewvia provides all system financing. Our clients reap the rewards.
The Renewvia Solution offers
• Lower levelized cost of energy (LLCOE)
• Immediate peak energy rate offset
• No up front costs
• Additional LEED points
• Roof revenue*
• Extended roof life
• Lower cooling demand
• Reduced carbon footprint
HOW IT WORKS
Renewvia Energy provides the design, financing, maintenance and support for all the elements of your solar power plant installation. The process is managed from the initial analysis of the facility to the project’s commercial operation date (COD). This turnkey process allows real estate professionals to focus on their core business, while realizing all associated benefits of solar.
Analyze:
Each project begins with a detailed analysis of your facility, tenant(s) and energy usage profile and tariffs.
Engineer:
Power Plant Systems are custom designed and engineered for the needs of your development.
Install:
Renewvia Energy manages the permitting, installation process, financing, and completion (Commercial Operation) of the power plant.
Operate & Maintain:
Once complete, Renewvia Energy owns and provides ongoing operation and all maintenance for the solar power plant over the life of the agreement.
Billing:
Renewvia Energy provides metering and billing to your tenants directly for the electricity generated by the system as part of our turn-key solution.
The Renewvia Advantage:
1. Increased Leasing Velocity
Buildings and developments powered by Renewvia Energy have an increased leasing velocity compared to buildings without solar power. Prospective tenants gain lower levelized power costs, long-term rates, and a green image with no additional cost. Owners and developers can use these features to stand out from the competition.
2. No Up Front Capital
The Renewvia Energy solar power plant eliminates the up front capital investment and ongoing operational and maintenance expenses associated with on Balance Sheet ownership. You only pay for solar power generated and used. To receive these benefits, the landlord’s obligation is to sign a power purchase agreement to buy power at rates equal to or less than current costs.
3. Level Long-Term Energy Pricing
The only thing certain about energy prices is that they will be uncertain. Factors such as government regulation, geo-political tension, limited supply, and uncertain economic conditions, all contribute to the fluctuation in energy costs that businesses will face in the coming decades. With a long-term PPA from Renewvia you can stop worrying. A PPA from Renewvia Energy guarantees your power rates for 10-20 years.
4. Renewable, Clean Energy
By implementing a solar energy solution from Renewvia, you help reduce dependence on fossil fuels and promote clean energy alternatives. Renewvia helps our clients achieve their corporate environmental goals and initiatives by facilitating energy solutions that positively impact the environment.
5. Comprehensive Service
Renewvia Energy provides fully comprehensive solar energy solutions. We bring together expertise, technology, suppliers, project development and system management into a single solution. Renewvia takes care of it all.
About PPA’s:
Renewvia Energy clients typically enter into a Power Purchase Agreement (PPA), which sets the rates for the electricity for 10-20 years. Through the use of a PPA, Renewvia Energy finances the power from the plant without balance sheet impact to the property Owner or Developer. This solution provides green electricity at competitive rates.
A PPA is created to structure the payment for the power generated by the Renewvia Energy Power Plant. The PPA is a long-term agreement between Renewvia Energy and a client to provide the solar electricity generated by the commercial or industrial rooftop power plant. The client agrees to buy electricity generated from the power plant for a specified term. The PPA allows Renewvia Energy to install the system with no direct capital cost to the property owner or developer, and gives owners and tenants long-term pricing stability and Lower Levelized Cost of Energy (LLCOE).
*Only applicable where PPA rates can support lease payments
