Fifth Third is First Publicly-Traded Company To Get 100 Percent Renewables from Solar

Fifth Third Bancorp announced on Friday March 9 that it signed a PPA to take the power from an 80-MW solar project in North Carolina.

The Hertford County Aulander Holloman solar facility is an approximated $200 million project that will be designed, built and owned by Mooresville, North Carolina-based SunEnergy1. It will employ approximately 1,000 people during construction, generate roughly 194,000 MWh/year of electricity and help avoid 144,000 metric tons of greenhouse gas emissions per year. Fifth Third’s PPA is the driving force behind the project being built.

Source: Renewable Energy