Microsoft Secures Solar RECs in Nexamp Partnership

• Microsoft partners with Nexamp to boost solar energy, powering 100,000 homes and advancing its carbon-negative goal by 2030.

Microsoft has entered a long-term agreement with Nexamp to purchase renewable energy certificates (RECs) from a 300-MW solar portfolio. Nexamp will develop, build, and operate approximately 100 new distributed solar projects across five US regions, including New England, New York, Mid-Atlantic, Midwestern, and Western states. The solar parks are expected to be commissioned over the next four years, providing power equivalent to the annual consumption of nearly 100,000 homes.

This initiative supports Microsoft's goal to become carbon negative by 2030, complementing a recent deal to procure electricity from a 335-MW wind farm in West Virginia. Nexamp CEO Zaid Ashai highlighted the collaboration's role in promoting solar accessibility and local economic growth.

How will Microsoft's partnership with Nexamp impact solar energy accessibility and local economies?

• Increased Solar Energy Accessibility: The partnership will expand solar energy availability across diverse regions, making it more accessible to communities that previously had limited options for renewable energy.
• Job Creation: The development and operation of approximately 100 new solar projects will create numerous jobs in construction, maintenance, and operations, boosting local employment opportunities.
• Economic Growth: By investing in local infrastructure, the projects will stimulate economic activity, potentially attracting further investments and businesses to the regions.
• Community Benefits: Local communities may benefit from reduced energy costs and increased energy independence, as well as potential community solar programs that allow residents to participate in and benefit from solar energy.
• Environmental Impact: The initiative will contribute to reducing carbon emissions, supporting environmental sustainability goals and improving air quality in the regions involved.
• Technological Advancements: The partnership may drive innovation in solar technology and infrastructure, enhancing efficiency and effectiveness in solar energy production and distribution.
• Educational Opportunities: The projects could provide educational and training opportunities in renewable energy, fostering a skilled workforce for the future.