ECO2GROW brings sustainable energy solutions for SMEs
By Staff Report February 28, 2025 12:34 pm IST
ECO2GROW provides solutions to supply green electricity at wholesale rates for medium-sized companies.
SMEs are facing rising energy prices and increasing regulatory pressure to transform sustainably. While large companies are already using Power Purchase Agreements (PPAs) to secure long-term stable and cost-effective energy prices, this option often remains out of reach for many medium-sized companies due to high minimum purchase volumes, complex contract structures and limited market access.
ECO2GROW offers a tailored solution: with its innovative multi-buyer PPA approach, the company aggregates the energy needs of several medium-sized companies and enables direct access to green electricity from wind and solar farms – at prices that were previously only available to large companies.
The benefits of ECO2GROW
• Economies of scale through bundling: By combining several companies, bulk buyer conditions can be realised.
• Price and planning security: Virtual PPAs enable fixed electricity prices and protect against market fluctuations – existing supply structures remain in place.
• Simple implementation: Standardised contract models reduce administrative effort and increase transparency.• Sustainability with verification: The green electricity comes from specific generation plants and is traceable – an important factor for ESG strategies and regulatory requirements.
Energy and financial innovation for medium-sized companies
By using virtual multi-buyer PPAs, ECO2GROW combines energy and financial products to provide medium-sized companies with simple, low-risk access to long-term, stable, competitive electricity prices. In addition to improved cost efficiency, this model makes a significant contribution to decarbonisation and increases the competitiveness of sustainable business models.
The team behind ECO2GROW
Paul Appel (CEO), Niklas Radermacher (COO) and Konrad Ciezarek (CTO) founded ECO2GROW with the vision of strengthening medium-sized companies as key players in the energy transition. Supported by well-known investors such as NRW.Bank, neoteq, Vireo Ventures and Techstars, the company is driving the transformation of energy procurement and making sustainable energy economically attractive and accessible.
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