Invenergy has announced the start of commercial operations at the Richfield Solar Energy Center, a 50-megawatt (MW) utility-scale solar facility in Dorchester County, Maryland. This project represents a key step in Marylandโs goal to achieve 50% renewable energy by 2030, highlighting the state’s role in the national clean energy transition. The solar energy generated at Richfield will be purchased by Verizon through a virtual power purchase agreement (VPPA). Invenergy, Verizon, and project finance partner M&T Bank celebrated the launch with a ribbon-cutting ceremony.
โMaryland is committed to reaching critical clean energy goals and our success will only be possible with the support of communities like those in Dorchester County,โ said Maryland Gov. Wes Moore. โRichfield Solar is the blueprint for how new clean energy solutions can be built to deliver significant economic benefits to local municipalities and contribute to the sustainability objectives of our larger business community.โ
โAs Maryland accelerates its clean energy transition, projects like Richfield Solar are critical to meeting the stateโs ambitious goals while also fostering sustainable economic prosperity in local communities,โ said Michael Kaplan, Senior Vice President of Development at Invenergy. โWe are proud to celebrate this achievement driving Marylandโs clean energy efforts with project landowners, and our partners at Verizon and M&T Bank.โ
โThis partnership is a powerful example of how technology and clean energy can work together to drive sustainability and deliver tangible benefits to local communities,โ said James Gowen, Senior Vice President, Global Sourcing and Supply Chain and Chief Sustainability Officer, for Verizon. โVerizon is proud to partner with Invenergy on this significant milestone in our journey toward a greener, more sustainable future for all.โ
โM&T Bank is thrilled to strengthen our commitment through this strategic partnership with Invenergy, which not only champions a sustainable future but also creates new opportunities for economic development and job creation,” stated Eric Heintz, M&T Bankโs Managing Director of Renewable Energy Finance. “Embracing these innovations allows us to foster a resilient and sustainable Maryland, ensuring progress today does not compromise the well-being of future generations.”
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