Commercial, Industrial, Solar - April 9, 2018
Georgia Power adds 177+ MW solar for C&I
As part of their Commercial & Industrial Renewable Energy Development Initiative (C&I REDI), Georgia Power announced on Apr. 9 plans to add more than 177 MW of new solar resources through PPAs signed with NextEra Energy and Origis Energy.
According to a statement from the company, this addition will expand C&I REDI, which already includes Google, Johnson & Johnson, Target, and Walmart. These four companies subscribed in 2017 through customer agreements for terms of at least 10 years in length. Participating customers receive hourly credits matching the actual production from C&I REDI facilities in exchange for RECs generated from these resources.
"We are excited to partner with individual customers to accomplish their renewable energy goals, while also adding value for all customers through continued diversification of our state's energy mix," said Wilson Mallard, director of renewable development for Georgia Power. "This program demonstrates our ongoing commitment to responsibly procure renewable energy resources to meet our customers' evolving energy needs while ensuring reliable and affordable energy for millions of Georgians every day."
C&I REDI was developed through the company's 2016 Integrated Resource Plan process and received final approval from the Georgia Public Service Commission (PSC) in 2017. The program, developed in coordination with the Georgia PSC and interested customers, is designed to further the growth of renewable energy in Georgia while also helping commercial and industrial customers meet distinct renewable energy goals.