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Jan 28, 2021 12:16pm
Verizon lays claim to being one of the largest corporate buyers of U.S. renewable energy after notching 13 long-term renewable energy purchase agreements (REPAs). (Getty Images)
Verizon is laying claim to being one of the largest corporate buyers of U.S. renewable energy after notching 13 long-term renewable energy purchase agreements (REPAs).
The REPAs accounted for nearly 1.7 gigawatts (GW) of renewable energy capacity since December 2019, including six REPAs relating to 845 megawatts (MW) of renewable energy capacity since September of last year.
The six new agreements, like the earlier REPAs, were virtual power purchase agreements and are expected to help finance the powering of six new solar facilities that are under development.