Many companies still can’t use the benefits of cheaper green energy.
Dropping renewable energy prices made it commercially competitive alternative to traditional energy sources.
However, complicated energy procurement processes prevent most companies from buying locally produced, sustainable energy.
Only major power purchasers with energy spends in the millions afford to buy green energy directly from producers.
2/3 of the global energy is used by Commercial and Industrial (C&I) customers, yet they don’t have the right to choose where their energy comes from.
Platform to easily facilitate green energy transactions of any size directly with producers.
Connecting energy market participants to enable easy direct green energy transactions.
Learn how energy retailers use WePower to offer new green energy products for their clients.Learn more
Learn how corporate energy users buy green energy directly from local producers while driving down their energy costs and making a meaningful sustainability impact.Learn more
Learn how green energy project owners secure green energy buyers cheeper and faster than ever before.Learn more
Our marketplace removes many limitations of the traditional direct energy procurement process
ONLY LARGE VOLUMES
No point of entry for smaller buyers. Usually 1-3 large buyers.
Platform technology enables buyers with relatively small loads to participate in direct energy procurement.
EXPENSIVE AND LENGTHY PROCESS
High legal and financial transaction costs. Average PPA process costs can reach as much as $1M or more per contract and take 1-2 years to settle.
LOW TRANSACTION COSTS
Standardised contracts and project curation significantly reduces transaction costs to buyers.
To re-sell or decrease the quantity of purchased energy, the whole agreement must be renegotiated - adding more time and cost.
Buyers can now “sell-down” their contract to 3rd parties via Platform’s secondary market.
Single party to be relied on for a long contract duration - presenting potential single point of failure risk.
Multiple smaller parties diversify counterparty risk and reduce its impact.