Electrify America Announces EV Charging Network Backed by 100 Percent Renewable Energy
Electrify America announced today it has entered into a 15-year virtual power purchase agreement (VPPA) with developer Terra-Gen to build a solar photovoltaic renewable energy generation project in San Bernardino County, California called Electrify America Solar Glow™ 1.
The new solar project is expected to generate 75 Megawatts (MW) per hour at peak solar capacity or an estimated annual production of 225,000 Megawatt hours. It is projected to produce enough 100% renewable energy annually to more than offset the energy currently delivered on an annualized basis to Electrify America’s customers charging on its extensive network. The solar project is targeted to be operational by mid-2023.
In becoming the largest open network in North America to enter into a VPPA, Electrify America will be supporting the key sustainability goal of “additionality,” meaning that this arrangement would result in new, additional renewable energy generation.
Electrify America is purchasing and retiring all bundled environmental certificates associated with the new solar project over a 15-year period, shifting away from the business-as-usual approach of buying environmental certificates from a third-party supplier on an unbundled basis, which does less to support additional renewable energy generation.
“Electrify America’s business model – and purpose – have always been at the forefront of efforts to reduce emissions through enabling electric mobility,” said Giovanni Palazzo, president and CEO of Electrify America. “Our commitment to customers and to a sustainable future go hand-in-hand, which is why we are investing in renewable energy generation to commit to a net zero carbon footprint associated with the energy delivered to our customers.”
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