Developer

BlueCross BlueShield of Tennessee Inc

www.bcbst.com

Total capacity of implemented projects

up to 10 MW

Countries of projects presence

1

BlueCross BlueShield of Tennessee Inc is a healthcare company based in the United States that has been serving the community for over 70 years. The company has been committed to providing quality healthcare services to its members and has always been at the forefront of innovation. In recent years, BlueCross BlueShield of Tennessee Inc has expanded its focus to include renewable energy projects, particularly in the solar sector.

The company's commitment to renewable energy is driven by its desire to reduce its carbon footprint and contribute to a sustainable future. BlueCross BlueShield of Tennessee Inc believes that renewable energy is the key to achieving this goal, and has therefore invested heavily in solar energy projects. The company has set a target of sourcing 100% of its energy from renewable sources by 2050, and its solar projects are a crucial part of this plan.

BlueCross BlueShield of Tennessee Inc's solar projects are focused on two main areas: on-site solar installations and community solar projects. On-site solar installations are solar panels that are installed on the company's own properties, such as its office buildings and data centers. These installations are designed to provide a portion of the company's energy needs and reduce its reliance on grid power. Community solar projects, on the other hand, are larger installations that are designed to provide renewable energy to the wider community.

One of the company's most significant solar projects is the installation of solar panels on the roof of its Chattanooga headquarters. The installation, which was completed in 2017, consists of over 4,000 solar panels and has a capacity of 1.35 MW. The installation is expected to generate around 1.6 million kWh of electricity per year, which is equivalent to the annual energy consumption of around 150 homes. The project has not only helped BlueCross BlueShield of Tennessee Inc to reduce its carbon footprint but has also saved the company money on its energy bills.

BlueCross BlueShield of Tennessee Inc has also been involved in several community solar projects. In 2019, the company partnered with the Tennessee Valley Authority (TVA) to develop a 200 kW community solar project in Jackson, Tennessee. The project, which was completed in 2020, is expected to generate around 350,000 kWh of electricity per year and provide renewable energy to around 50 homes. The project was funded in part by BlueCross BlueShield of Tennessee Inc and is part of the company's commitment to supporting the wider community.

Another community solar project that BlueCross BlueShield of Tennessee Inc has been involved in is the Solar Share project in Memphis. The project, which is being developed by the Memphis Light, Gas and Water (MLGW) utility, will consist of a 1 MW solar installation that will provide renewable energy to the wider community. BlueCross BlueShield of Tennessee Inc has committed to purchasing a portion of the energy generated by the project, which is expected to be operational by the end of 2020.

BlueCross BlueShield of Tennessee Inc's commitment to renewable energy is not limited to solar projects. The company has also invested in other renewable energy sources, such as wind and hydroelectric power. In 2019, the company announced that it had signed a power purchase agreement (PPA) for 20 MW of wind power from the Crab Orchard Wind Farm in Illinois. The PPA will provide BlueCross BlueShield of Tennessee Inc with renewable energy certificates (RECs) that will offset the company's carbon emissions.

In addition to its renewable energy projects, BlueCross BlueShield of Tennessee Inc has also implemented several energy efficiency measures to reduce its energy consumption. The company has installed LED lighting in its buildings, implemented a building automation system to optimize HVAC systems, and implemented a paperless billing system to reduce paper waste. These measures have not only helped the company to reduce its carbon footprint but have also saved the company money on its energy bills.

BlueCross BlueShield of Tennessee Inc's commitment to renewable energy is driven by its belief that it has a responsibility to contribute to a sustainable future. The company recognizes that climate change is a significant threat to the health and well-being of its members and the wider community, and believes that renewable energy is the key to mitigating this threat. By investing in solar and other renewable energy projects, BlueCross BlueShield of Tennessee Inc is demonstrating its commitment to a sustainable future and setting an example for other companies to follow.