Ever.green has completed a 5MW solar project in Anson County, North Carolina, after a group of Microsoft suppliers agreed to long-term renewable energy certificate contracts that helped make the scheme financeable.

The Baron project was developed by Headwater Energy and is being owned and operated by the company. According to Ever.green, the solar plant was supported by suppliers including Slalom Consulting, Centific Technologies, ImagiCorps, BDA, Eleven 11 Solutions, TASA Analytics and Visionet Systems, all of which used the contracts to help the project reach financial close.

The arrangement ties into Microsoft’s Supplier Code of Conduct, which asks certain large suppliers to move to 100% carbon-free electricity for goods and services provided to the company by 2030. Microsoft’s Group Sustainability Manager, Edmond Chan, said the policy is intended to help both large and small suppliers reduce emissions.

Ever.green said its “High-Impact RECs” are designed to give developers the revenue certainty needed to secure construction finance for new projects, rather than simply buying certificates from facilities already operating. The company argues that this model allows corporate buyers to have a more direct effect on bringing additional clean power onto the grid.

The project is expected to generate about 7,810 metric tons of carbon dioxide savings a year, while also adding property tax revenue to the local area. The electricity will feed into the regional cooperative system serving Pee Dee Electric, which Ever.green said should help improve the stability and predictability of local supply.

The deal comes as Microsoft continues to push suppliers further into its wider decarbonisation strategy. In February, the company said it was matching 100% of its global electricity consumption with renewable energy generation and said it had contracted 40GW of renewable power across 26 countries through more than 400 agreements.

Source: Noah Wire Services