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Transactions - JULY 15, 2021

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Volt Energy signs solar PPA with Microsoft

by Kali Persall

Volt Energy has signed a renewable energy initiative with Microsoft, supplying the technology company with 250 megawatts of utility-scale solar energy.

In addition, Volt Energy and Microsoft will invest a portion of the revenue from the power-purchase agreement in community impact funding initiatives.

“It is critically important that clean energy infrastructure and economic development investments are made in underserved minority and rural communities that have been disproportionately impacted by environmental injustices and lag behind in the health and financial benefits of the thriving clean energy economy,” said Gilbert Campbell, co-founder and CEO of Volt Energy. “It is equally important to provide access to the business and job creation benefits of the clean energy movement.”

According to Volt Energy, Microsoft is aiming to have 100 percent renewable energy supply for all its operations by 2025. The partnership will support this initiative.

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