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,”