Rivian Partners With Pivot Energy to Build Illinois Community Solar
Solar Industry 12:07 am on May 23, 2024
Rivian partners with Pivot Energy to support Illinois community solar projects, buying RECs for their facility's energy and investing in a 10 MW portfolio. This collaboration is anticipated to generate approximately 7,000 MWh annually, representing an influential model for the auto industrys renewable engagement.
- Partnership Announcement: Rivian and Pivot Energy collaborate on solar projects in Illinois.
- REC Acquisition: Rivian commits to buying Renewable Energy Credits (RECs) for its community solar investment.
- Investment Commitment: 10 MW of Pivot's Illinois community solar portfolio is agreed upon.
- Expected Energy Output: Around 7,000 MWh per year from the new solar facilities.
- Industry Influence: A blueprint for auto industry energy transition with potential national implications.
https://solarindustrymag.com/rivian-partners-with-pivot-energy-to-build-illinois-community-solar