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Decarbonization project

Michigan Solar Plants REC Funding

This project is announced in United States.

Status
Announced
Estimated reduction
More than 52,000 tCO2e a year
Countries
United States
Sector
Renewable power
Announced
Not stated
Expected start
Not stated

About this project

The description is as the source gives it.

Robinhood teamed up with several other companies to help fund five new solar plants in Michigan. The plants are set to generate over 110,000 MWh of clean energy each year, cutting down more than 52,000 tonnes of CO2 annually. Robinhood will use the resulting Renewable Energy Certificates to lower its electricity-related emissions. Evidence: "we teamed up with several other companies to help fund five new solar plants in Michigan. These plants are set to generate over 110,000 MWh of clean energy each year for five Michigan communities, cutting down more than 52,000 tonnes of CO2 annually. We'll use the resulting Renewable Energy Certificates to lower our electricity-related emissions." — https://www.robinhood.com/us/en/newsroom/robinhood-esg-report-2023-highlights

Statuses, countries and reductions are as the public source states them, and may be out of date.

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