Ampion Renewable Energy, a leading provider of community solar solutions, has recently unveiled Ampion+, a groundbreaking product designed to meet the environmental, social, and corporate governance (ESG) mandates of enterprise organizations. By combining community solar subscriptions with renewable energy certificates (RECs), Ampion+ enables companies to reduce energy costs and substantiate their environmental claims.

Streamlining Renewable Energy Efforts:
One of the key challenges faced by many businesses when purchasing and budgeting for RECs is managing separate processes for energy savings and ESG reporting. Ampion+ aims to address this issue by taking the lead and retiring RECs on behalf of the subscriber. By bundling the RECs with the community solar subscription, Ampion eliminates the need for companies to navigate complex renewable energy processes independently. This innovative approach ensures a seamless experience for corporate subscribers while facilitating their energy savings and ESG efforts.

Certification and Benefits:
To offer Ampion+ to businesses, Ampion underwent a rigorous certification process with the Center for Resources Solutions. This certification has earned Ampion+ the esteemed Green-e Energy certification, which guarantees that renewable energy is sourced from new facilities, marketed transparently and accurately, and delivered to the purchaser while maintaining sole title. By meeting these rigorous standards, Ampion can sell Green-e Energy Certified RECs that are retired on behalf of the corporate subscriber. This provides concrete evidence for ESG reporting, enabling businesses to showcase their commitment to sustainability.

Driving Community Solar Projects:
Community solar energy plays a pivotal role in allowing electric utility customers to access solar energy and reduce their electricity costs. The successful development of community solar projects often relies on the involvement of enterprise subscribers. These large corporations act as anchors, making the projects financially attractive and increasing the likelihood of their completion. The resulting benefits extend to low-to-moderate income and other residential subscribers, ensuring a more inclusive and sustainable energy future.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.