LevelTen Energy partners real estate firm to simplify corporate PPA process

A recently completed 10MW solar farm in Denmark. Image: Better Energy.

Real estate firm JLL is collaborating with LevelTen Energy to help its clients transition to clean energy by simplifying the corporate power purchase agreement (PPA) process.

A US firm that has developed a digital marketplace for procuring renewable energy, LevelTen’s platform is said to include access to more than 4,000 PPA offers across 21 countries in North America and Europe.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

JLL, which specialises in real estate and investment management, said the alliance will connect its clients – including office, retail and industrial companies – to renewables developers while also providing them with a “holistic solution” to decarbonise their energy supply.

The LevelTen deal follows JLL’s commitment earlier this year to reach net zero by 2040 across all its operations, including client sites that it manages globally.

Ryan Warren, chief commercial officer at LevelTen Energy, said the firm’s Energy Marketplace enables its partners to help their clients find PPAs that are tailored to different energy needs and environmental impact priorities.

“LevelTen Energy believes that clean energy should be accessible to companies of all sizes, which is why we have built the platforms and technology to support more transparent and efficient procurement transactions,” he said.

LevelTen received the backing of Google as part of recent a US$35 million Series C funding round that will assist the company to expand its software solutions. After launching its Energy Marketplace in 2018, LevelTen earlier this year released its Asset Marketplace, which aims to simplify how renewable energy projects are bought and sold.

In its Q3 2021 PPA Price Index report, published in October, the firm revealed that Europe’s most competitive renewable PPA offers jumped 8% quarter-on-quarter following the continent’s energy crisis.

Read Next

May 22, 2024
Over 200MW of new solar PV capacity will be brought online in New Zealand following two new partnerships established in the last week.
May 10, 2024
Indian independent power producer (IPP) ReNew has signed 800MW of solar PV power purchase agreements (PPAs) in India.
May 8, 2024
UAE-based renewables developer AMEA Power has started construction on a 120MW solar PV project in Tunisia.
May 1, 2024
Spanish developer Matrix Renewables has signed a 147MW solar power purchase agreement (PPA) with Korean automaker Hyundai Motor Group in Texas, US.
April 30, 2024
Sembcorp has signed two 18-year power purchase agreements (PPAs) with Equinix to supply 75MW of solar power to the latter’s facilities.
April 17, 2024
Renewable power purchase agreements (PPAs) market volume in Germany nearly quadrupled in 2023, increasing by 323% over 2022, according to the German Energy Agency (dena).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore