The B.O.O.T. Model in Solar PPA
Investing in a solar power system not only brings immediate benefits but is also an important step in realizing the goal of sustainable development and savings in business operations. However, self-installing solar power systems can create initial financial pressure for businesses.
So, how can you enjoy the benefits of solar energy without investing a large amount of money initially? Let's explore the B.O.O.T. model in the Solar PPA with us!
What is the B.O.O.T model?
The B.O.O.T. model consists of four key steps: B - Build, O – Own, O - Operate and T - Transfer. Through the B.O.O.T. model, energy transition partners like GreenYellow will invest, operate, and maintain solar energy systems for industrial factories through Power Purchase Agreements (Solar PPAs).
B.O.O.T model offers you tremendous benefits:
1. Financial advantage
Immediately lower your electric bills in the first month, reducing production costs and increasing overall profits for your business.
2. Performance assurance
We guarantee the amount of electricity generated by the solar cell system and take care of maintenance, including panel cleaning and equipment replacement, throughout the contract period.
3. Environmental impact
By implementing the B.O.O.T. model, businesses will create a positive impact on the environment by reducing carbon emissions in their production activities.?
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B.O.O.T model at GreenYellow
As Thailand and Vietnam continue to promote the transition to renewable energy, cooperating with an energy transition partner like GreenYellow is a smart choice for businesses wishing to carry out the energy transformation towards the goal of sustainable development without the burden of capital investment.
B - Build
Our team of experts at GreenYellow will assist you in designing the optimal installed capacity for your factory, obtaining licensing permits, procuring necessary equipment, and supervising installation to ensure compliance with international safety standards.
O - Own
GreenYellow takes ownership of the solar plant, absorbing all risks associated with the solar energy system, including installation and equipment-related issues.
O - Operate
We take full responsibility for optimizing the solar energy system for optimal performance. We guarantee electricity production and provide free maintenance and monitoring throughout the contract period.
T - Transfer
Once the contract ends, we transfer ownership of the solar cell system to you at no additional cost.
All these processes are conducted through a Power Purchase Agreement, also known as Solar PPA. With GreenYellow, you can enjoy significant savings as we fully cover all the costs.
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Interested in decarbonizing your industrial facility by implementing the B.O.O.T. model? Contact us at GreenYellow Asia.