In April, Pivot Energy announced the signing of a 4.9-megawatt community solar subscription with Breckenridge Grand Vacations (BGV). The contract is one of the largest community solar subscriptions in the history of the hospitality sector and a vital component of BGV’s sustainability initiative to reduce greenhouse gas emissions by 50% by 2030.
For BGV, community solar offers a range of benefits. It boosts our bottom line by providing cost savings and hedging against rising electricity costs. Furthermore, participating in community solar represents meaningful action to address threats to normal operation posed by climate change. The impact of climate change at BGV particularly hits home as shorter snow seasons threaten to deter snow sports enthusiasts who flock to Breckenridge each winter for the legendary snow-capped mountains.
Emily Kimmel, Recycling and Sustainability Manager for Breckenridge Grand Vacations said, “Pivot Energy has been an ideal partner in our efforts to obtain a community solar subscription, both because of their extensive footprint in Colorado and for their commitment to shared values of community wellbeing and environmentalism. Sustainability is of the utmost importance to Breckenridge Grand Vacations, and we are very excited for the opportunity this community solar subscription presents to help us reach our sustainability goals. We look forward to working with Pivot in the months ahead to bring these endeavors to fruition.”
For Pivot, helping clients like BGV traverse their own sustainability journey, and thus bringing the benefits of solar to more communities, is an integral part of meeting their ambitious environment, social and governance (ESG) goals.
Matthew Brenn, Director of Business Development for Pivot Energy, said, “Pivot Energy is proud to be working with a partner like Breckenridge Grand Vacations that is so committed to renewable energy and sustainability. As a Colorado-based company, we have a deep appreciation for the beautiful environment here in our state and take seriously our role to combat climate change and preserve clean air and clean water. We are excited to facilitate a key part of BGV’s sustainability journey and are eager to see what the future holds for our partnership.”
The solar gardens associated with BGV’s subscription are currently under construction, with the first round of projects expected to come online in 2022 and the remaining capacity expected online by late 2023.