Starbucks and Nexamp team up for Illinois solar project
- Starbucks and Nexamp team up to power Illinois with 40 MW of solar energy, benefiting local communities and setting a green example for corporate sustainability.
US solar developer Nexamp has partnered with Starbucks to develop six new community solar farms in Illinois with a total capacity of 40 MW. Construction has already begun, with the farms expected to be operational by 2025. Starbucks will receive a portion of the renewable electricity credits, while the rest will be allocated to local residents and businesses through Nexamp's community solar program.
The new sites will provide electricity savings to over 1,100 residents in the ComEd and Ameren utility territories. Nexamp and Starbucks plan to expand their partnership to develop more solar projects across the country in the future. This collaboration highlights the growing trend of corporations investing in renewable energy to reduce their carbon footprint and support sustainability initiatives.
How will Starbucks benefit from partnering with Nexamp on solar farms in Illinois?
- Starbucks will benefit from reduced electricity costs by receiving a portion of the renewable electricity credits generated by the solar farms.
- The partnership with Nexamp will help Starbucks meet its sustainability goals and reduce its carbon footprint.
- Starbucks will also enhance its corporate social responsibility by supporting local residents and businesses through Nexamp's community solar program.
- The solar farms will provide electricity savings to over 1,100 residents in the ComEd and Ameren utility territories, further enhancing Starbucks' positive impact on the local community.
- By expanding their partnership to develop more solar projects across the country, Starbucks will continue to demonstrate its commitment to renewable energy and environmental stewardship.
