Guaranteed Power Purchase agreement

What is a guaranteed power purchase agreement?

The Power Purchase Agreement, or PPA, is recognised as an incentive scheme in most countries. Governments under this heading promote the use of renewable energies to reduce fossil fuel consumption, thereby preventing greenhouse gas emissions into the atmosphere and warming the planet. In this plan, which has been implemented in Iran since 1395 and approved by law, all subscribers of the private sector who are implementing and installing renewable power plants earn money from the state as a guarantee for the amount of production they have, and Receive monthly income.