Wells Fargo & Ameresco to Install Solar Assets at Nearly 100 Wells Fargo Properties

Feb 3, 2021 05:46 PM ET
  • New rooftop, carport as well as ground install systems installed at Wells Fargo retail and also corporate areas across the U.S. will generate concerning 45,000 megawatt hours yearly

Ameresco and also Wells Fargo today announced a collaboration to develop and install roughly 30 megawatts (MW) of brand-new, onsite solar generation assets at business as well as retail areas in 7 states. The almost 100 solar photovoltaic (PV) ranges are a combination of rooftop and also ground place systems at Wells Fargo retail and also management areas in Arizona, California, Connecticut, Iowa, New Jersey, North Carolina and Texas. Building on the systems will start in April as well as go into 2022.

Wells Fargo has actually been fulfilling 100% of its global electrical energy requirements with renewable energy because 2017, originally through the purchase of Renewable Energy Certificates (RECs). Today's news becomes part of the firm's initiatives to change to long-term agreements that support the development of net-new sources of renewable energy in locations where its energy requirements are the greatest. In addition to assisting Wells Fargo fulfill its ecological goals, the technique assists supply community benefits like job development, tax revenue, as well as grid resiliency in places where its customers and employees live and also function.

Wells Fargo appointed this complicated as well as innovative project, and Ameresco emerged the recommended partner because of its demonstrated capability to supply a broad range of services throughout several project kinds, locations and regulatory structures.

The approximately 30MW of onsite solar to be constructed under the arrangement revealed today array in dimension from a six-kilowatt roof selection on a branch in Connecticut, to a 6.5 MW carport and also rooftop system at Wells Fargo's Chandler AZ campus. Various other larger projects consist of a 5.5 MW combination rooftop/ground-mount system to serve an administrative residential property in San Antonio, TX, and also a nearly 2MW ground mount system beside a Wells Fargo school in Des Moines, IA, that will certainly consist of greater than 6 acres of pollinator gardens, adding to the overall sustainability impact of the project in your area.

" Wells Fargo aims to satisfy its energy goals in such a way that curbs climate adjustment," said Nate Hurst, head of Social Impact and also Sustainability for Wells Fargo. "We think you can secure the earth as well as grow the economy at the same time. By substantially increasing our onsite solar generation, we are delivering effect at the neighborhood level as well as helping to accelerating a simply shift to a low-carbon future."

Ameresco operated in partnership with renewable energy advisory company, CustomerFirst Renewables, additionally a supplier of Wells Fargo, to intend as well as establish the solar energy systems.

" We applaud the effort taken by Wells Fargo to lead by example in the numerous neighborhoods they serve throughout the country," claimed Bob Georgeoff, vice head of state of Ameresco. "We take pride in the partnership with Wells Fargo to day and look forward to checking out future possibilities that will further their placement as a business leader in the location of environmental sustainability."

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