Microsoft and Invenergy sign solar agreement

Microsoft will become the sole offtaker of the energy generated by the Wilkinson Solar Energy Center, a 74-megawatt solar project in North Carolina that will be constructed, owned and operated by Invenergy after the companies today announced a 74-megawatt solar project in North Carolina.

The new project will deliver economic investment and jobs for Beaufort County, clean energy to Microsoft, and growth to the U.S. solar power industry.

This represents Microsoft’s fourth power purchase agreement in the PJM Interconnection and will bring Microsoft’s total renewable energy portfolio to more than 1.3 gigawatts.

“When we invest in renewable energy, we are investing in the future — enabling sustainable growth of our business, of the clean energy sector and the local communities that benefit economically from Microsoft’s commitment to sustainability,” said Brian Janous, Microsoft’s general manager of Energy and Sustainability.

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“Our work with companies like Invenergy is an integral step toward our goal of enabling a clean energy future for everyone. We are pleased our partnership will bring new solar resources to the PJM region.”

Jim Shield, Invenergy’s EVP and Chief Commercial Officer added,

“Invenergy is proud to work with leading corporate renewables customers like Microsoft to help them meet their operational and sustainability goals,”

“This investment in North Carolina reflects the increasingly compelling value of solar power for customers to meet their energy needs, while also creating economic development opportunities for local communities.”

The Wilkinson Solar Energy Center is expected to generate $20 million in local economic investment through tax payments, landowner lease payments, and wages and benefits for employees. It is scheduled to begin commercial operation in 2019 and is estimated to create more than 500 jobs during construction.

North Carolina ranks second in installed solar capacity among U.S. states, and with more than 256,620 modules, the Wilkinson Solar Energy Center will be among the largest solar installations in the state.