Bank of America Taps Duke Energy to Expand Renewable Energy Commitment

Bank of America has announced it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy. Through a renewable energy sleeved-power purchase agreement (PPA), the company is participating in Duke Energy’s Green Source Advantage (GSA) program. The bank is the first company and financial institution to sign a 10-year agreement for electricity and Green-e® certified renewable energy certificates (RECs) through this program.   The purchase of a 25-megawatt (MWAC) solar project’s electricity output and RECs will cover 45%…

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