Sol Systems announced an initiative with Microsoft to finance, develop and operate a portfolio of over 500 MW of solar projects in the U.S. and will sell energy from those projects to Microsoft. Both companies designed the portfolio to maximize its positive environmental, community and societal impact. The initiative will help Microsoft meet its goal of 100% renewable energy by 2025.
The companies will invest at least $50 million for community-led grants and investments that support educational programs, job and career training, habitat restoration and programs that support access to clean energy and energy efficiency for communities disproportionately impacted by climate change.