Pivot Vitality has signed a five-year framework settlement with Microsoft to develop 500 MW of photo voltaic vitality tasks throughout the U.S. between 2025 and 2029.
The settlement is predicted to allow Pivot’s growth of 150 home photo voltaic tasks in 100 communities throughout 20 states, together with Colorado, Maryland, Illinois, Delaware, Pennsylvania and Ohio. Microsoft will buy the undertaking RECs for a 20-year time period. The primary tasks are anticipated to return on-line earlier than the tip of this yr.
“An financial system fueled by clear, distributed vitality can do greater than present energy at low price; it drives development and success in communities throughout the nation,” says Tom Hunt, CEO of Pivot Vitality.
“This collaboration between Pivot Vitality and Microsoft exemplifies the facility and impression that distributed technology can have. Pivot Vitality is pleased with our industry-leading function in growing photo voltaic tasks that profit native communities. We’re honored to collaborate with Microsoft to offer purpose-driven photo voltaic vitality.”
