Zettawatts to Purchase Additionality RECs from Renewable Energy Projects To Support Supplier CFE
- Emerson Reiter
- Jun 25
- 1 min read
Updated: Jul 1
Zettawatts is seeking to buy Additionality Renewable Energy Credits ("ARECs") from renewable energy projects to be placed in service by 2028. This Request for Proposals ("RFP") aims to procure ARECs from qualified renewable energy project developers to meet demand from Zettawatts' corporate buyers participating in the Supplier CFE program .
Procurement Details
Zettawatts intends to procure ARECs associated with new renewable energy projects as follows:
Volume:
Vintage | Required Commercial Operation Date (COD) | Volume of ARECs Sought (MWh generated per year) |
2028 | On or before December 31, 2027 | 50,000 |
Term: 10 years. Other terms will not be considered.
Price: AREC supply offers should be provided on a $/MWh basis.
Price Escalation: no price escalation is accepted (fixed price over the term).
Delivery: quarterly, as-generated transfers to Zettawatts within an acceptable REC registry upon payment by Zettawatts.
Portion of project: Zettawatts will accept offers for either the entire output of a project or a portion thereof.
Attributes: Zettawatts is seeking to purchase ONLY the ARECs from an awarded project. Respondents are responsible for securing offtake for all other attributes to be generated by the project (energy, capacity, ancillary services, etc.).
Details including RFP schedule, protocol, and webinars to follow.
Don't miss out!
To catch the launch of the AREC RFP, webinars, and Q&A opportunities, send an email to arec-rfp@zettawatts.com to be added to our mailing list. Updates will also be posted to this page when the RFP launches in early July 2025.
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