Porsche signs 25-year solar deal

Porsche said Monday that it plans to build and operate a solar power microgrid at its U.S. headquarters in Atlanta, reducing its annual carbon emissions by 3.2 million pounds. The news came days after Ford announced what it called the largest-ever renewable energy purchase from a utility in the U.S., to power its electricity supply in Michigan with renewable energy.

The installation of Porsche’s microgrid, an on-site electrical network that harnesses power from solar panels, will begin in September and conclude in 2023. The renewable energy project is part of a $50 million development at the Porsche Experience Center campus in Atlanta.

Porsche’s 25-year operating agreement with Cherry Street Energy, the largest non-utility provider of solar energy in Georgia, will power Porsche’s on-site fleet of Taycan EVs, among other applications. The energy company will own, operate and maintain the microgrid, selling the power to Porsche.

Moving forward!

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