The Southern Alliance for Clean Energy identified two pathways that the Southeast’s big utilities could follow to achieve 100% renewable generation against the backdrop of a possible federal mandate.
The projects will be used for the entity’s Green Invest program, which helps large-scale energy buyers meet their renewable needs.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Facebook’s commitment to TVA’s green invest program continues, as the company has now contracted for 475 MW of solar under the program.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The 20 MW project will help the iconic brand meet roughly 75% of electricity demand at its Lynchburg, Tennessee distillery.
The two corporations signed up for solar energy capacity using Tennessee Valley Authority’s Green Invest program.
The agreement also includes Facebook’s first large-scale energy storage project.
The company plans to release a new request for proposals this spring, have over 2 GW of solar operating by the end of 2023, and expand that figure to up to 10 GW of solar by 2040.
TVA’s new rate structure enables power companies to impose fees onto solar customers. Similar fees have been repeatedly challenged elsewhere.
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