Glossary

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Monitoring

Energy Managment System controls and manages in real time the energy we generate, store and consume.

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Photovoltaic module

A smaller element protected against environmental aggressions, consisting basically of the assembly of solar cells and other components, such as the junction box, terminals, and protective devices such as diodes, and capable of generating an electric current from unconcentrated incident solar radiation. The structural loading of the modules can be done by its front layer (superstrate) or back layer (substrate).

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Next Generation

The Next Generation EU Funds are the European Union's response to the Covid crisis, in an initiative that aims to provide financial support to EU Members through loans totaling €750 billion, to be distributed between 2021 and 2026.

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O&M

These are the ongoing operational needs of a solar system, including cleaning, repairs, parts replacement, invoice management, etc. 

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Sustainable Development Goals (SDGs)

These are the 17 Sustainable Development Goals decided in 2015 by the United Nations to ensure a future of peace and prosperity for humanity. They cover different sectors, such as the eradication of world hunger, gender equality, climate protection and the provision of clean energy for all.

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Opex

Operating costs for business management

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PPA

Acronym for "Power Purchase agreement". A contract between a user or corporate customer and an electricity producer for the sale of electricity at a pre-determined price and for a pre-determined period of time, generally between 10, 15 and up to 25 years. The contract provides for the commercial terms of the sale of electricity: duration of the contract, fixed or indexed price, delivery point, date and time of deliveries, volume, price and source of energy. 

The Onsite PPA generates renewable energy right where it will be consumed, within your company's premises.

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