Toyota signs 100-MW solar PPA in Kentucky with Savion
- Toyota Motor North America Inc claimed today it has signed a virtual power purchase agreement (PPA) with United States solar programmer Savion LLC to offtake 100 MW of energy from the latter's Martin County Solar Project in Kentucky.
Savion, a Shell Plc (LON: SHEL) portfolio business, is establishing the project at the previous Martiki coal mine in Martin County, on the border of Kentucky as well as West Virginia. Construction of the solar array is anticipated to begin in the middle of the year, with conclusion seen in 2024.
Kentucky hosts Toyota's biggest lorry factory in the world.
David Absher, senior supervisor of environmental sustainability at Toyota Motor North America, stated that the project demonstrates how renewable PPAs can bring opportunities to former coal neighborhoods as well as will certainly aid Toyota reach its goal of having sustainable electricity represent at least 45% of its electricity procurement by 2025.
The Japanese carmaker aims to make all its operations in North America carbon neutral by 2035.
Savion is aided in developing the project by neighborhood growth companion Edelen Renewables.
According to the project's website, it has actually a proposed capacity is 100 MW, with expansion potential for approximately 200 MW.
