Salesforce inks REC deal with Powertrust for 280 GWh

Feb 15, 2023 12:15 PM ET
  • United States cloud computing business Salesforce.com Inc on Tuesday committed to procuring 280,000 MWh of renewable energy certificates from dispersed energy projects in emerging markets.
Salesforce inks REC deal with Powertrust for 280 GWh
Image: Salesforce

The acquired distributed renewable energy certificates (D-RECs) will certainly support high-impact projects situated in Brazil, India, sub-Saharan Africa, and also Southeast Asia. These have actually until now been mainly omitted from business renewables acquiring, the business noted. The purchase will certainly occur under an eight-year agreement with renewable power aggregator Powertrust.

"Almost 95% of corporate renewable energy purchases today occur in The United States and Canada and Europe. We need to make certain the remainder of the globe isn't left," claimed Megan Lorenzen, lead for power market decarbonisation at Salesforce.

The targeted projects will certainly be located in schools, health centers, public service centers, or in deprived areas.

Salesforce approximates that the solar energy acquisitions will assist open some USD 65 million (EUR 60.7 m) of new project financial investments, with total acquired electrical power offsetting more than 50,000 tonnes of co2 (CARBON DIOXIDE) discharges annually.

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