WePower is creating a novel way to finance renewable energy development. We believe that people participation will enable the faster transition to a fully renewable future of Spain, as Spain is one of the countries blessed by an abundant amount of sunshine and a strong, available, infrastructure.
WePower’s platform is a one-stop-shop solution that provides your company with tools to help you understand your electricity consumption patterns, find a best fit renewable electricity producer, contract with them digitally and then monitor generators as they are built and start generating electricity.
Direct transactions with renewable electricity producers are enabled through a financial mechanism called a power purchase agreement or PPA. This solution allows you to hedge electricity prices so you can ensure a stable cost base on your company’s balance sheet.
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