Potential offtaker

Florida Gulf Coast University


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Florida Gulf Coast University (FGCU) is a public university located in Fort Myers, Florida, United States. It was established in 1991 and has since become a leading institution of higher education in the region. FGCU offers a wide range of undergraduate and graduate programs in various fields, including business, engineering, education, health sciences, and environmental studies.

The university is committed to sustainability and environmental stewardship, and has taken several initiatives to reduce its carbon footprint and promote renewable energy. One of its key goals is to achieve carbon neutrality by 2050, and it has already made significant progress towards this target.

Decarbonisation is a central theme of FGCU's sustainability efforts. The university has implemented several measures to reduce its greenhouse gas emissions, such as energy-efficient lighting and HVAC systems, water conservation, and waste reduction. It has also invested in renewable energy sources, such as solar panels and wind turbines, to generate clean electricity on campus.

Corporate energy is another area where FGCU has made significant strides. The university has partnered with several companies to develop and implement energy efficiency and renewable energy projects. For example, it has collaborated with Florida Power & Light (FPL) to install a 2.6 MW solar array on campus, which provides about 20% of the university's electricity needs. The project was funded through a corporate power purchase agreement (PPA), which allows FGCU to purchase solar energy at a fixed price for a long-term period.

Corporate PPA is a key strategy for FGCU to achieve its renewable energy goals. The university has signed several PPAs with renewable energy developers, which enable it to purchase clean electricity at a lower cost than traditional sources. For instance, it has entered into a 20-year PPA with NextEra Energy Resources to purchase energy from a 75 MW solar facility in central Florida. This project is expected to provide about 22% of FGCU's electricity needs and save the university millions of dollars over the contract period.

Renewable energy is a priority for FGCU, and it has taken several steps to promote its adoption on campus and in the community. The university has established a Renewable Energy Institute, which conducts research and education on renewable energy technologies and policies. It has also launched a Solar Initiative, which aims to install solar panels on all suitable rooftops and parking lots on campus. The initiative is expected to generate over 10 MW of solar energy and reduce the university's carbon footprint by over 10,000 metric tons per year.

FGCU's commitment to sustainability and renewable energy has earned it several accolades and recognitions. It has been named a "Green College" by The Princeton Review for several years in a row, and has received the "Tree Campus USA" designation from the Arbor Day Foundation. It has also been recognized by the Association for the Advancement of Sustainability in Higher Education (AASHE) for its sustainability achievements.

In conclusion, Florida Gulf Coast University is a leading institution of higher education that is committed to sustainability, decarbonisation, and renewable energy. It has taken several initiatives to reduce its carbon footprint, promote energy efficiency, and generate clean electricity on campus. Its partnerships with companies and renewable energy developers through corporate PPAs have enabled it to achieve its goals at a lower cost and with greater impact. FGCU's efforts to promote sustainability and renewable energy have earned it several recognitions and accolades, and it continues to be a model for other institutions to follow.

✓ Current offtaker under Corporate PPA's