Microsoft enters 250-MW solar power PPA with Volt Energy that includes environmental justice donations
Volt Energy, a national minority-owned solar development company, has announced its first environmental justice and renewable energy initiative with Microsoft. Volt Energy will provide Microsoft with 250 MW of solar power for utilities, supporting Microsoft’s goal of having 100% renewable energy for all of its operations by 2025. In addition, Volt Energy and Microsoft will put a portion of the revenues from the Power Purchase Agreement into community impact financing initiatives, which will support programs that bring the benefits of renewable energy closer to communities that are not significantly included in the wave of clean energy initiatives being launched by the private and public sector have been undertaken.
“It is critical that investments in clean energy infrastructure and economic development are made in underserved minority and rural communities that have been disproportionately affected by environmental injustices and are lagging behind in the health and financial benefits of the booming clean energy economy,” said Volt. Energy’s co-founder and CEO, Gilbert Campbell. “It is equally important to provide access to the business and job creation benefits of the clean energy movement. We look forward to working with Microsoft to identify and invest in community initiatives to create more inclusive economic opportunities.”
This initiative represents Microsoft’s first utility-scale solar purchase agreement with an African-American solar development company. This agreement furthers Microsoft and Volt’s mutual commitment to deliver the benefits of renewable energy to diverse and historically disadvantaged communities.
“With Volt Energy, we are able to increase the impact of our renewable energy projects by working together to address environmental issues ranging from access to renewable energy to training staff in underserved urban and rural communities,” said Noelle Walsh. , CVP, Cloud Operations. + Innovation, Microsoft.
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