Earlier this year, Dollar Tree announced its commitment to set a science-based Net Zero target by June 30, 2024. To help achieve future emissions reduction targets, the company is assessing renewable energy procurement, including community solar.
NRG Energy assisted in issuing a request for proposals (RFP) to find the right partner. Given its extensive experience with developing innovative community solar projects in New York and across the nation, DSD was selected to develop the projects. Dollar Tree would serve as an anchor tenant subscriber – offtaking a majority of the energy generated – for a seven project, 41.75 megawatts (MW) community solar portfolio, to be built by DSD in East Syracuse, Cortland, Remsen, Medina, Silver Creek and Brier Hill.
“Community solar is a unique and emerging energy solution for many of our facilities” said Jennifer Silberman, Chief Sustainability Officer at Dollar Tree, Inc. “Serving as an anchor subscriber will power our facilities with renewable energy and help us toward our future Net Zero commitment. Simultaneously, it allows us to deliver real benefits to the communities we serve, increasing access to clean, affordable energy for residents and local businesses.”
The portfolio is estimated to generate 55.77 GWh of clean energy annually - the equivalent of avoiding 24,127 metric tons of carbon dioxide each year. Dollar Tree will offtake 16.67 MW of the larger portfolio, offsetting 29 percent of energy needs across 184 Dollar Tree and Family Dollar stores in New York. Two of the projects are already under asset operation, and the remaining five under construction are expected to be operational in stages starting in fall 2023.
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