A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.

Green industrial policy (GIP) is strategic government policy that attempts to accelerate the development and growth of green industries to transition towards a low-carbon economy. Green industrial policy is necessary because green industries such as renewable energy and low-carbon public transportation infrastructure…

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Axpo Holding AG is a Swiss energy company headquartered in Baden, in the Canton of Aargau, and the parent company of the Axpo Group. Established in 2001 through the reorganisation of the former Nordostschweizerische Kraftwerke AG (NOK), it is wholly owned by the cantons of northeastern Switzerland and their cantonal…

TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum…

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Leadership in Energy and Environmental Design (LEED) is a green building certification program used worldwide. Developed by the non-profit U.S. Green Building Council (USGBC), it includes a set of rating systems for the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods,…

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A hybrid electric vehicle (HEV) is a type of hybrid vehicle that couples a conventional internal combustion engine (ICE) with one or more electric engines into a combined propulsion system. The presence of the electric powertrain, which has inherently better energy conversion efficiency, is intended to achieve either…

Sonesta International Hotels Corporation is an American hotel company based in Newton, Massachusetts. Founded in 1937, the company operates in eight countries and has over 1,200 properties as of 2023.