Fifth Third signs PPA for 100% renewable power

By Kathie Zipp Fifth Third Bancorp has become the first Fortune 500 company and first bank to sign a power purchase agreement to achieve 100% renewable power through a single project. Fifth Third becomes the first publicly-traded company to commit to purchase 100% renewable energy through solar power alone.
This power purchase agreement will lead to the construction of an 80-MW solar project in North Carolina. The Hertford County Aulander Holloman solar facility is an approximated $200 million project that will be designed, built and owned by Mooresville, North Carolina-based SunEnergy1. It will employ approximately 1,000 people during construction, generate roughly 194,000 MWh/year of

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