pv

Sol Systems and Microsoft Partner on Groundbreaking Solar Power Community Investment Agreement

Sol Systems, a national solar energy finance and development firm, has established a groundbreaking initiative with Microsoft, Corp. that creates the first community investment fund and the company’s single largest renewable energy portfolio energy purchase agreement. 
Sol Systems and Microsoft Partner on Groundbreaking Solar Power Community Investment Agreement
Pixabay

Sol Systems and Microsoft designed the portfolio to maximize its positive environmental, community and societal impact. The strategic initiative will help Microsoft meet its goal of shifting to 100% renewable energy by 2025.

Sol Systems will finance, develop and operate a portfolio of over 500MW of solar projects in the U.S. and will sell energy from those projects to Microsoft. In parallel, working with local leaders in nearby communities and those disproportionately impacted by climate change, Sol Systems and Microsoft will invest at least $50 million for community-led grants and investments that support educational programs, job and career training, habitat restoration, and programs that support access to clean energy and energy efficiency.

“This marks a groundbreaking commitment by Microsoft, Sol Systems, and our employees to invest in our communities and drive economic recovery,” said Sol Systems CEO and co-founder, Yuri Horwitz. “This is a unique approach to couple clean energy with community development and investment,” he added.

“We recognize that climate and environmental issues don’t impact every community the same way and we need to address environmental equity as a broader issue,” said Lucas Joppa, chief environmental officer, Microsoft.

“Our work with Sol Systems is a first-of-its-kind initiative tying the purchasing of renewable energy to environmental justice and equity in under-resourced communities. What makes this partnership unique is that we will be working with local leaders, prioritizing minority and women-owned businesses and making community-led grants and investments.”

Delivery of the portfolio will be phased in over the next several years.

 

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).