Microsoft Corporation signs a PPA contract with Invenergy

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Microsoft Corporation made a deal with the two 15-year long run agreements for power purchase during this week. The firm has been executing the PPA’s along with the renewable energy creator Invenergy along with the EDP Renewables.

Microsoft Corporation is all set to purchase power the Wilkinson Solar Energy Center development that comprises of 74 Megawatts.

The Wilkinson Solar Energy Center is situated in the Beaufort County of North Caroline. The solar scheme would be developed, kept and functioned by Invenergy Company. It is likely to create as much as 500 jobs while they are maintaining the construction and generation of as much as 20 Million US Dollars in terms of tax revenues for the country once the commercial processes would form in the year 2019.

Microsoft incorporation’s General Manager of Energy and sustainability, Mr. Brian Janous said in a joint statement with the Invenergy Corporation: “Our work with companies like Invenergy is an integral step toward our goal of enabling a clean energy future for everyone. We are pleased our partnership will bring new solar resources to the PJM region,”

This is Microsoft fourth power purchase agreement in the PJM Interconnection and the tech giant will be the sole buyer of energy from this project. Executing this deal would also mean that Microsoft corporation’s renewable energy collection would be standing at over 1.3 gigawatts.

The Executive Vice President of the Invenergy, Mr. Jim Shield said: “Invenergy is proud to work with leading corporate renewables customers like Microsoft to help them meet their operational and sustainability goals.”

Microsoft Corporation further signed a fifteen-year power purchase agreement adding to as much as 125 megawatts with EDP Renewables. This agreement would also be bringing the Timber Road 5 Wind Farm towards Ohio’s Paulding County.

In a joint statement with the EDP Renewables, Mr. Brian Janous said: “We are constantly looking for opportunities where our corporate demand can not only be met but can also accelerate the transition to renewable sources. EDPR has done great work in Ohio, and we’re pleased to partner with them to grow this market,”

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The winner of the title Mr. Pune 2009, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called ResearchNReports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Market Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and Researchmoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. Research Moz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”