HIGHLY PROFITABLE
Geko is pleased to announce an exceptional opportunity for mid-to-large scale companies to fulfil their ESG and sustainability objectives through the direct procurement of solar PV energy from the Greencells Indygen Estuary Solar project. In collaboration with NRG, Gowling, and BrC, Geko facilitates secure and bankable settlement solutions, enabling companies to access clean, renewable energy at prices below wholesale rates.
Traditionally, such arrangements have been limited to major corporations capable of purchasing the output of entire power plants. However, Geko’s bespoke financial structuring and tailored credit solutions now make these advantages accessible to a broader range of businesses. Let us support your energy needs and provide sustainable solutions. Achieve guaranteed reductions in energy costs through the Estuary project
WHY CHOOSE US
The Estuary Project provides an innovative solution for large energy consumers in Alberta, offering access to competitively priced renewable solar energy. In a market where electricity prices can fluctuate significantly and carbon taxes on electricity add substantial costs, this project enables businesses to secure long-term price stability and reduce exposure to carbon-related expenses. By engaging in a renewable energy PPA through the Estuary Project, companies can effectively hedge against market volatility and future carbon tax increases, ensuring sustainable, cost-effective energy consumption. This approach is perfect for firms aiming to meet their ESG goals while managing energy and carbon tax liabilities efficiently.
VPPAs don’t deliver electricity directly; instead, the generator sells energy to the wholesale market.
VPPAs ensure price stability with a fixed rate for the generator; the buyer settles market price differences.
The Power Purchasers is given the REC's this represents a revenue stream that discounts Power. By over 50% until 2034. Act now before you miss the REc potential revenue.
VPPAs manage risk by giving the buyer a fixed price and the generator a stable revenue stream.
OUR SOLAR TECHNOLOGY
Greencells Indygen Alberta Ltd, a joint venture between Greencells and IndyGen Utility Ltd, is developing a 1 GWp solar project pipeline in Canada. Central to this is the 200-MWp Estuary project in Alberta, aimed to be ready for construction by year-end. This project helps local businesses stabilise energy costs, hedging against price volatility and enabling reinvestment in the region. Greencells Indygen Alberta Ltd also supports eventual indigenous ownership of renewable assets, enhancing economic growth and fostering long-term community benefits in Alberta
PROJECT AREA
Greencells Indygen Alberta Ltd.
Environmental Impact
Your choice to buy directly from The Estuary Project contributes to Alberta’s green future. Every kilowatt generated reduces carbon emissions and enhances our community’s environmental footprint.
CONTACT US
Let’s work together to bring clean energy to your business. Contact us to learn more or schedule a call to discuss options.
A VPPA with the Estuary Project is a financial contract where the solar energy generated is sold into the wholesale market, and your business receives financial benefits from renewable energy generation without direct electricity delivery. Unlike physical PPAs, VPPAs involve financial settlements rather than physical delivery.
No, the Estuary Project’s VPPA does not involve direct energy delivery. The solar energy generated is sold into the wholesale market, and your business benefits through a financial contract for differences.
A VPPA with the Estuary Project secures a fixed energy price, protecting your business from market price fluctuations. This arrangement ensures stable energy costs while providing the project with consistent revenue for financing and operations.
The Estuary Project’s VPPA provides a price hedge, protecting your business from energy price fluctuations. You pay a fixed contract price, and any difference between this and the market price is settled financially, ensuring budget stability and safeguarding against market volatility.
RECs represent the environmental benefits of renewable energy generation. With a VPPA from the Estuary Project, you receive these certificates, allowing your business to claim renewable energy usage and meet sustainability and ESG goals.
Under the Estuary Project’s VPPA, the solar energy is sold at wholesale market prices. You pay the agreed-upon fixed price reducing the volatility risks that the market produces.