Fifth Third to Present at GreenBiz 20 Conference Hosted by Renewable Energy Buyer’s Alliance on February 4-6

Jan 31, 2020 2:00 PM ET
Multimedia with summary

Fifth Third’s Director of Environmental Sustainability Scott Hassell will take part in a tutorial panel at the GreenBiz 20 conference presented by the Renewable Energy Buyer’s Alliance (REBA). Hosted in Phoenix, Arizona, the conference is from February 4-6, 2020.  The tutorial, “Developing Your Renewable Energy Procurement Strategy,” is February 4 from 8:30 a.m. until 12 p.m. and includes leaders from Fifth Third, General Motors and McDonald’s.  

“As corporate renewable procurement deals get bigger and more common, there are more options for deal structures and partners than ever,” states the conference website. “This tutorial will outline the deal types available and how to make decisions to help your company meet its clean energy goals.”

Fifth Third Bank made history when it became the first Fortune 500 company to achieve 100% renewable power through a single, solar project. The innovative power purchase agreement (PPA) that enabled it was announced in 2018. The Aulander Holloman Solar Facility, which came online in 2019, is one of the largest solar projects in the United States. The system includes more than 350,000 solar panels using single-axis tracking systems and more than 2,000 inverters and related subsystems. It is rated at 80 MW AC, which measures how much power the project can send to the electric power grid at any given time. The facility consists of roughly 120 MW DC of solar panels enabling the project to generate approximately 202,000 megawatt hours (MWh) of electricity per year, enough to produce as much clean power as Fifth Third uses in one year.