Pinergy Launches New Guarantee of Origin Scheme

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08 February 2024

Knight Frank are amongst the first commercial clients now signed up for Pinergy’s Guarantee of Origin Scheme

Pinergy, the smart clean energy supplier & solutions company has announced the launch of their new Guarantee of Origin Scheme for commercial clients. The launch coincides with Pinergy confirming agreements now in place with its first tranche of customers, including Knight Frank, a leading global commercial and residential real estate agent.

Pinergy’s new Guarantee of Origin offering, also referred to as a Corporate Power Purchase Agreement (CPPA), is an agreement whereby a company can directly purchase electricity generated from a wind farm or solar farm based in Ireland that is feeding power into the national grid.

Todays’ announcement from Pinergy is in response to the growing demand amongst businesses for a certified process to purchase renewable energy that is generated in Ireland. 

The new Guarantee of Origin Scheme from Pinergy, will support companies as they look to reduce their carbon footprint ensuring they now have a traceable energy system in place for their portfolio from a chosen renewable facility in Ireland.

Commenting on the launch of the scheme Jon Jerromes, Head of Sales at Pinergy said; “Businesses are looking for more tangible ways to demonstrate their commitment to drive their renewable energy agenda. By entering into a Power Purchase Agreement with Pinergy, customers will get Guarantee of Origin certification on their power usage and be able assign a specific location to their usage.

Jerromes continued, “We expect to see demand for renewable Guarantee of Origin certification grow rapidly in the coming years as businesses across the country seek energy security and budget certainty while trying to reduce their carbon footprint.”

Among Pinergy’s first corporate customers to sign up for its’ new renewable Guarantee of Origin certification is leading global commercial and residential real estate agent, Knight Frank who have entered into a contract with Pinergy to avail of the new Guarantee of Origin Scheme which has resulted in its entire managed portfolio now being powered completely by guaranteed renewable green energy. All Knight Frank’s energy demand in Ireland will now be met by renewable electricity sourced from a wind farm in Currabwee, Dunmanway, Co Cork.

Citing their reasons for signing up to the Guarantee of Origin Scheme, Darrell Keenan, Energy Manager at Knight Frank, said: “Embracing sustainability is a key part of what we do and this partnership with Pinergy means that we can provide our property owners and occupiers with the confidence that our buildings are powered by renewable energy sourced from Irish wind farms”.

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