Priority Power Management, LLC announced that it has successfully negotiated and secured what is described as a "unique" retail electricity supply contract for Toyota Motor North America’s new North American headquarters in Plano, Texas.

PPM secured for Toyota a 5-year electricity supply contract awarded to Houston-based MP2 Energy, under a procurement that was designed to combine on-site renewable electric supply, off-site renewable electric supply, alternative fuel supply, and standard electric supply

The agreement included a product structure that would allow Toyota the operational flexibility to ramp up energy consumption over time, accommodations for the introduction of onsite power generation from a 7.75 MW solar PV system, the ability to receive payments from MP2 Energy for any excess power that may flow back to the grid, and the inclusion of Green-e certified renewable energy credits for all power consumed from the grid, PPM said

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Texas   Contract Awards   Priority Power Management   MP2 Energy  

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