Apex Clean Energy has contracted its 125 MW Wheatsborough Solar project in Ohio under the Microsoft–Volt Energy Utility Environmental Justice Framework as a minority-owned solar energy development firm.
Developed under the framework of leveraging corporate emissions goals to support environmental justice, community and diversity initiatives, the contracted PPA is meant to prioritize more equitable distribution of the benefits of the clean energy economy.
A percentage of the revenue produced by the PPA will be invested into the Sharing the Power Foundation, focused on environmental health and economic justice in historically underserved urban and rural communities. The project will also fund community and conservation grants and clean energy workforce development through the Apex Conservation Grant Program.
“Developing renewable energy projects that are reliable and sustainable is imperative; prioritizing equitable deployment will further elevate our industry’s overall impact,” says Ken Young, CEO of Apex. “This agreement allows Wheatsborough Solar to move beyond the megawatt, creating a lasting impact in the local community and beyond.”
The project is expected to come online in the first half of next year.
The post Apex’s Wheatsborough Solar Contracted Under Microsoft–Volt Energy Justice Framework appeared first on Solar Industry.
Apex’s Wheatsborough Solar Contracted Under Microsoft–Volt Energy Justice Framework
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
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