Microsoft signs power purchase agreements to add 40 GW of renewable energy including a 500 MW Sol Systems portfolio and a 10.5 GW Brookfield portfolio
Type: Ppa · Technology: Solar, Hydro, Other · Country: United States · Value: $50M · Announced: 2024-05-01
Microsoft announced it has contracted to add 40 GW of renewable energy to the grid via long-term power purchase agreements with developers including Sol Systems (a portfolio totaling over 500 MW across Illinois, Ohio and Texas with a $50M community investment fund) and Brookfield (a portfolio delivering over 10.5 GW including the Hawk's Nest hydro plant), helping Microsoft meet its 2025 renewable energy matching goal.
Counterparties
- Microsoft Corporation (Offtaker)
- Sol Systems, Inc (Developer)
- Brookfield Renewable Partners L.P (Developer)
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