Apex Executes Second PPA with Facebook for VA Solar Project

Apex Executes Second PPA with Facebook for VA Solar Project

Apex Clean Energy says Facebook has signed a power purchase agreement for a 61.6 MW portion of the Altavista Solar development, which is set to become operational in Campbell County, Va., next year.

The deal, which will help support Facebook’s operations in
Virginia, is Apex’s second major transaction with the tech company this year.
In August, Facebook signed a 200 MW PPA with Aviator Wind East, which will be
part of the largest single-phase, single-site wind project in the U.S. once it
begins operations in Coke County, Texas, in 2020.

“Facebook is a clear leader in driving the transition to a
new energy economy and working to lay the foundation for other companies, large
and small, to achieve significant carbon reduction goals with cost-competitive
renewable energy,” says Mark Goodwin, president and CEO of Apex Clean Energy.
“We’re thrilled to once again partner with Facebook at Altavista Solar,
expanding Apex’s track record of fulfilling corporate clean energy demand as
the private sector escalates its efforts to decarbonize the grid.”

Click to Read  Alumni Highlight: From SEI student to 165 MW of solar projects across Minnesota!

At 80 MW, the overall Altavista Solar project will be Apex’s
largest solar project to date and the company’s first renewable energy facility
on the East Coast.

Altavista Solar will generate approximately 200 full-time
jobs during construction and over $1.8 million in local tax revenue over the
project’s 35-year lifetime.

The post Apex Executes Second PPA with Facebook for VA Solar Project appeared first on Solar Industry.

4
Like
Save