{"id":91143,"date":"2020-07-21T06:00:48","date_gmt":"2020-07-21T10:00:48","guid":{"rendered":"https:\/\/www.solarpowerworldonline.com\/?p=91143"},"modified":"2020-12-09T16:54:36","modified_gmt":"2020-12-09T21:54:36","slug":"microsoft-investing-in-500-mw-solar-projects-solsystems","status":"publish","type":"post","link":"https:\/\/www.solarpowerworldonline.com\/2020\/07\/microsoft-investing-in-500-mw-solar-projects-solsystems\/","title":{"rendered":"Microsoft inks Sol Systems&#8217; largest-ever solar PPA in the U.S."},"content":{"rendered":"<p>Sol Systems, a national solar energy finance and development firm, announced a new initiative with Microsoft that creates the first community investment fund and the company\u2019s single largest renewable energy portfolio energy purchase agreement. Sol Systems and Microsoft designed the portfolio to maximize its positive environmental, community and societal impact. The strategic initiative will help Microsoft meet its goal of shifting to 100% renewable energy by 2025.<\/p>\n<p>Sol Systems will finance, develop and operate a portfolio of over 500 MW of solar projects in the U.S. and will sell energy from those projects to Microsoft. In parallel, working with local leaders in nearby communities and those disproportionately impacted by climate change, Sol Systems and Microsoft will invest at least $50 million for community-led grants and investments that support educational programs, job and career training, habitat restoration, and programs that support access to clean energy and energy efficiency.<\/p>\n<p>\u201cThis marks a groundbreaking commitment by Microsoft, Sol Systems and our employees to invest in our communities and drive economic recovery,\u201d said Sol Systems CEO and co-founder Yuri Horwitz. \u201cThis is a unique approach to couple clean energy with community development and investment.\u201d<\/p>\n<p>\u201cWe recognize that climate and environmental issues don\u2019t impact every community the same way and we need to address environmental equity as a broader issue,\u201d said Lucas Joppa, chief environmental officer at Microsoft. \u201cOur work with Sol Systems is a first-of-its-kind initiative tying the purchasing of renewable energy to environmental justice and equity in under-resourced communities. What makes this partnership unique is that we will be working with local leaders, prioritizing minority and women-owned businesses and making community-lead grants and investments.\u201d<\/p>\n<p>Delivery of the portfolio will be phased in over the next several years. Learn more about Microsoft\u2019s carbon goals at <a href=\"https:\/\/u7061146.ct.sendgrid.net\/ls\/click?upn=4tNED-2FM8iDZJQyQ53jATUTvy9OKHtqcl66Qd0WyqhYmQqJ1OuYsXrWtV-2FYxAEdy4wVrCgJ1t5XwnecOnHd9ecDKu56lqxThy2yIR6a7W7Qxu0YzpDDwOjSuWXhZbNEAZKDm-2F0YTCE0EMaUr45pmhtQ-3D-3Di6E-_xcyjdbPNnCrMiLRoarRXv-2BzH-2BFcwY6xoQJ-2F41clVujaJvIuPY2wW9T1fMMjzxuYc2STuk7v10suisPWhQYJSgtfHL7HPQ8iAig77-2BwsPw5B9-2FgfhoIOJnW8cFr02FaSGGsxgWack3eNGH-2F24XDuVXnD-2BoHfenprGDUMwRuG-2Fg-2FjlIH2FOqGY2g9F7xqUmRJHk7c34lpox8jsRdMpuVAqi7vyE7o-2F-2F-2FrSwlz0dWkDSvFXD0kvvHFd-2B5QqOEnP0XzMm65b3BGjSOw589SFQ5M10eek7wmb43usogNOvfIjvz4TZZRn4e-2FvLqhT8Od74DP7dDzgAUSqOhR6FLqYIsrwtSZRUYMRwM4-2FtTCIn2uv5FU-3D\"><u>Microsoft on the Issues<\/u><\/a>.<\/p>\n<p><em>News item from Sol Systems<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sol Systems, a national solar energy finance and development firm, announced a new initiative with Microsoft that creates the first community investment fund and the company\u2019s single largest renewable energy portfolio energy purchase agreement. Sol Systems and Microsoft designed the portfolio to maximize its positive environmental, community and societal impact. The strategic initiative will help&hellip;<\/p>\n","protected":false},"author":10031,"featured_media":88804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[16,1538],"tags":[4937,3048],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Microsoft inks Sol Systems&#039; largest-ever solar PPA in the U.S.<\/title>\n<meta name=\"description\" content=\"Sol Systems will finance, develop and operate a portfolio of over 500 MW of U.S. solar projects and will sell energy from those projects to Microsoft.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarpowerworldonline.com\/2020\/07\/microsoft-investing-in-500-mw-solar-projects-solsystems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft inks Sol Systems&#039; 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