Microsoft signs PPA with Volt Energy that also invests in underserved community
As Volt Energy‘s first environmental justice and renewable energy initiative, the national minority-owned solar energy development firm will supply Microsoft with 250 MW of utility-scale solar energy to support Microsoft’s goal of 100 percent renewable energy supply for all its operations by 2025. In addition, Volt Energy and Microsoft will invest a portion of the revenue from the PPA in community impact funding initiatives, which will support programs that bring the benefits of renewable energy to communities not typically included in clean energy initiatives.
“It is critically important that clean energy infrastructure and economic development investments are made in underserved minority and rural communities that have been disproportionally impacted by environmental injustices and lag behind in the health and financial benefits of the thriving clean energy economy,” said Volt Energy’s co-founder and CEO, Gilbert Campbell. “It is equally important to provide access to the business and job creation benefits of the clean energy movement. We look forward to working with Microsoft to identify and invest in community initiatives to create more inclusive economic opportunities.”
This agreement advances Microsoft and Volt’s mutual commitment to deliver the benefits of renewable energy to diverse and historically underserved communities.
“With Volt Energy, we are able to scale the impact of our renewable energy projects by working together to address environmental equity issues, ranging from renewable energy access to workforce training among underserved urban and rural communities,” said Noelle Walsh, CVP, Cloud Operations + Innovation, Microsoft.
With a mission to uplift communities through opportunities and benefits provided by clean energy, Volt Energy develops, finances, and operates utility-scale, community solar, and distributed generation solar projects. Volt Energy is an ESG driven renewable energy company that partners with public and private sector clients to assist with the convergence of carbon goals, diversity, equity and inclusion, and other ESG goals.
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