Rivian Inks Wind Energy Deal with Apex Clean Energy to Power Illinois Manufacturing
December 05 2022 - 11:00AM
Business Wire
Rivian and Apex Clean Energy today announced the signing of a
power purchase agreement (PPA) for 50 megawatts (MW) of electricity
from the renewable energy company’s proposed Goose Creek Wind farm
in Piatt County, Illinois. As Rivian’s first large-scale
procurement, the agreement supports the company’s long-term vision
of enabling high-impact renewable energy projects that reduce its
carbon footprint while also benefiting customers, communities, and
the electrical grid.
This purchase, along with other renewable sourcing and on-site
generation, will allow Rivian to power as much as 75% of its
Normal, Illinois, plant operations with carbon-free energy on an
hourly basis. The PPA will also contribute to the company’s
commitment to power its Rivian Adventure Network and Waypoints
charging with 100% renewable energy. Importantly, this is Rivian’s
first major renewable energy purchase and a critical investment in
Illinois—supporting homegrown jobs, economic development, tax
revenues, and clean energy in the Prairie State.
“About a third of global greenhouse gas emissions come from
transportation, with nearly another third from electricity
generation. We have a tremendous opportunity at Rivian to help
tackle emissions beyond the tailpipe to support decarbonization of
manufacturing and charging of electric vehicles,” said Andrew
Peterman, Rivian Director of Renewable Energy. “Long-term success
for us means helping to accelerate the transition to carbon-free
energy across the entire economy, not just within Rivian’s own
footprint.”
Rivian’s renewable energy strategy combines climate impact,
community, and local ecological considerations. Working with The
Nature Conservancy and its Site Renewables Right initiative, Rivian
aims to support grid decarbonization while also promoting renewable
developments that enhance the land, protect critical biodiversity,
and improve local economies.
“With Goose Creek Wind, Rivian is modeling an innovative
approach to clean energy procurement—one that emphasizes maximum
benefit to the local community, economy, and environment,” said
Mark Goodwin, President and CEO of Apex. “Apex continues to expand
opportunities for corporations committed to strengthening local
project areas, reducing carbon impact, and restoring natural
habitat—all priorities for Rivian as it continues to build out its
vision for the future.”
Within an hour's drive of Rivian’s flagship Normal facility,
Goose Creek Wind will put more carbon-free energy on the Central
Illinois grid by tapping the region’s largest and most sustainable
resource—the wind. Rivian promotes and relies on the growth of
clean energy in Illinois, contributing to statewide efforts to
increase the proportion of renewables from 11%—compared to the
national average of 20%—and reduce marginal emissions of a carbon
intensive grid.
Rivian has signed the Climate Pledge to reach net-zero carbon
emissions by 2040, 10 years ahead of the Paris Agreement.
Apex is currently in the process of securing local permits and
approvals for the 300 MW Goose Creek Project to be built and as a
stipulation of the PPA. The project is slated to begin operations
in 2024.
About Rivian:
Rivian exists to create products and services that help our
planet transition to carbon neutral energy and transportation.
Rivian designs, develops, and manufactures category-defining
electric vehicles and accessories and sells them directly to
customers in the consumer and commercial markets. Rivian
complements its vehicles with a full suite of proprietary,
value-added services that address the entire lifecycle of the
vehicle and deepen its customer relationships. Learn more about the
company, products, and careers at www.rivian.com.
About Apex:
Apex Clean Energy was founded with a singular focus: to
accelerate the shift to clean energy. Through origination,
construction, and operation of utility-scale wind, solar, and
storage facilities, distributed energy resources, and green fuel
technologies, Apex is expanding the renewable frontier across North
America. Our mission-driven team of over 400 professionals uses a
data-focused approach and an unrivaled portfolio of projects to
create solutions for the world’s most innovative and
forward-thinking customers. For more information about how Apex is
building the energy company of the future, visit
apexcleanenergy.com or follow us on Facebook, Twitter, and
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20221205005469/en/
Peebles Squire, media@rivian.com
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