Toyota’s Texas HQ goes 25% solar and 100% renewable

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Toyota's Plano HQ campus, artist's rendering. Image: Toyota.

Toyota’s new headquarters in Texas will source 25% of its power from an onsite PV system, while a deal brokered by an energy management firm means the facility’s remaining energy demand will be met entirely by renewable energy.

The 7.75MW system will be built at the carmaker’s campus under construction in the Lone Star State city of Plano, where it has moved its base of operations from a site in California. Toyota said it is actively seeking to attain USGBC Platinum LEED Certification status in energy efficiency for the HQ. As a wider aim, the manufacturer has pledged to remove all carbon emissions from its operations by 2050.

Planned for construction in three stages, the first 4.9MW of PV will be built by the end of August of next year, split across two equally-sized carports, with the third, 2.83MW plant to be finished by December 2017.

Five-year contract takes Texas campus to ‘100% renewable’

MP2, a Texas-based “full service power company”, also said today that it has signed a five-year retail contract to provide the Plano Toyota headquarters with 100% renewable energy.

The company offers its own plan “Net Energy Billing”, which offers the customer full retail credit for their solar generation when self-consuming all of the power generated. It also sells excess PV generation at real-time prices into the grid and passes the money raised onto the customer. MP2 also provides the balance of electricity at agreed rates when power generated from the PV is insufficient to meet expected demand.

While solar in the US is generally sold in long-term arrangements such as 20-year power purchase agreements (PPAs), MP2 said the shorter, five-year deal with Toyota would allow the car company more flexibility in planning its energy usage and costs.  

According to MP2, there will be further flexibility built in to the arrangement, allowing it to add other onsite generation or enter demand response programmes, should they become available.

Toyota appointed energy management solutions company Power Priority Management, which found and arranged the deal with MP2.

Read Next

May 14, 2021
The PV industry “must remain vigilant” across its supply chain in meeting global human rights standards, trade association SolarPower Europe has said in a new sustainability report.
April 27, 2021
A round-up of the latest news from the US, including updates from Texas-based Leeward Renewable Energy, Danish utility Ørsted, and IPP Navisun.
April 14, 2021
As the market moves away from power purchase agreements, the possibility for a new breed of investors comfortable with market risk is emerging alongside the potential for some larger investors to bring trading in-house.
April 1, 2021
As the solar industry has matured and sustainable investment has moved up on the global market’s list of priorities, power purchase agreements (PPAs) have become a mutually beneficial arrangement between developers and the corporate world. But SMEs have remained difficult to cater for in comparison to larger, more bankable offtakers or utilities with permanent facilities. Edith Hancock explores how this might be changing.
PV Tech Premium
February 8, 2021
Europe’s solar financing market is evolving at rapid speed, driven by changing dynamics and aided by technological advancements at the asset level. Here PV Tech re-caps the five most significant takeaways from the conference’s opening days.
February 5, 2021
US wholesale energy provider Southern Power is adding battery energy storage to two solar sites in California.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021