August 14, 2020

American Wind Week 2020: Wind Builds the Future

By Grace Morrissey, Senior Analyst, Renewables Advisory

It’s American Wind Week 2020: in a time of such uncertainty, this week comes as a welcome reminder to celebrate progress while looking toward the future. Organizations, companies, and individuals alike have embraced this fourth-annual celebration of wind power, despite the pandemic, with each day focusing on a different element of wind industry’s success. The week kicked off with an emphasis on the essential workforce bringing this infrastructure to fruition, followed by themes of economic recovery, wind power champions, and community investment. To conclude American Wind Week, today we highlight corporate buyers – a massive force within the U.S. wind movement.

Even amidst COVID-19, the renewables sector has proven not just resilient, but promising. There have been many corporate wind deals announced in 2020. A few to note: Cinemark contracted 40 megawatts with a Texas wind repower asset; T-Mobile signed 158 megawatts with a PJM Illinois project; Textron Aviation signed 55 megawatts in SPP; McDonald’s signed a virtual power purchase agreement for 220 megawatts of Texas wind; and Facebook closed on 170 megawatts of Illinois wind in MISO.

Given the many wind deals announced so far this year, we’d like to celebrate two clients in particular who have publicized contracts with Blooming Grove Wind Farm in PJM. Edison is proud to congratulate our partner, Saint-Gobain North America, on the company’s virtual power purchase agreement with Blooming Grove, announced earlier this year. Totaling 120 megawatts in Illinois, this renewables contract is the largest of its kind in the company’s history and will reduce Saint-Gobain’s U.S. carbon footprint by over 20%. Edison also congratulates Verizon Communications on the company’s virtual power purchase agreement with Blooming Grove, totaling 130 megawatts, announced in April. This is one step of many that Verizon is taking to achieve carbon neutrality for their operational emissions by 2035. Learn more about Verizon & Saint-Gobain North America’s commitment to sustainability and join us in celebrating them.

Movements are often considered over when the celebration or the headlines come to a close. To maintain momentum, movements must stay top-of-mind and remain in motion in order to propel us forward into a better future. For a recap of the week, peruse social media tags #AmericanWindWeek and #WindBuildsTheFuture. For a summary of AWEA’s stance on three pertinent policy change propositions, or to learn more, visit AWEA’s American Wind Week webpage. To learn how you can best incorporate wind energy – or other renewables – into your procurement strategy, reach out to our Renewables Advisory team.

 

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