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Green World: Marketplace

Mondial Energy Inc.

Location: Toronto, Ontario, Canada

Mondial Energy pays for the installation and maintenance of renewable energy hardware – such as a solar thermal system – for your building. You, as the owner or long-term tenant, pay Mondial a fixed rate for your energy needs with a long term power purchase agreement (PPA).

Mondial Energy has broken two important barriers to renewable energy:

  1. Upfront cost: they pay all the upfront costs associated with design and installation on large-scale systems.
  2. Technology and sunshine risk: they get paid for delivered energy. They have the risk if the solar panels don’t perform as expected.

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