A coalition of higher education institutions, healthcare systems, and nonprofits in Boston and Cambridge has formed the Consortium for Climate Solutions to invest in large-scale renewable energy projects.
The partnership, which includes Harvard University, Mass General Brigham (MGB), and MIT, aims to advance climate action by supporting two major renewable energy facilities.
Through two virtual power purchase agreements (VPPAs), the Consortium will facilitate the development of 408 MW of renewable energy. The Big Elm Solar project in Texas is already operational, while the Bowman Wind project in North Dakota is set to come online in 2026.
Together, these projects are expected to produce 1.3 million megawatt-hours of clean electricity annually, equivalent to the energy use of 130,000 U.S. homes.
The initiative is expected to provide $64 million in tax revenue, generate 750 construction jobs, and offer $100 million in income for…
