Apex Clean Energy

Sustainability is at the core of Apex’s mission—driving us forward in building a more resilient and socially responsible future. Apex’s 2023 Sustainability Report marks another milestone in our journey. Through strategic partnerships and innovative practices, we are paving the way for substantial, meaningful progress. But our ambition extends beyond reducing our impact; it’s about raising the bar for what it means to be a clean energy company. Explore the legacy we are shaping. 🌱 https://lnkd.in/e9THBiDe

Today is World Nature Conservation Day, a chance for us to recognize the need to protect species and habitats across the planet. 🌎 It’s why we created the Apex Conservation Grant Program: we wanted our projects to benefit the environment beyond the carbon emissions they avoid.

Battery storage is a unique technology that helps connect wind and solar generation with the needs of the electrical grid. It’s the perfect complement to clean energy because it can store excess power when demand is low, and then deploy it when the need arises—supporting a more reliable and resilient electrical grid.

I signed for my kids (and yours too). Yesterday, I had the pleasure of visiting Timbermill Wind in North Carolina (go Heels!) for the blade signing. A blade signing is a celebration of a project by landowners, project supporters, community members, elected officials, and of course, Apexers. We are here for it! Thank you, Chowan County, for hosting us and making us feel at home! Y’all were so welcoming and generous. Speakers, you were compelling, funny, and gracious. Ever the consummate professionals, Site Staff, you made our visit a safe one, despite getting 4+ inches of rain in the last 2 weeks. Thank you all for a fantastic visit! As a person with kids, the thing that stuck with me most was about kids and the future. A member of the school board spoke about the impact this project will have on *their* kids. Apex will be the largest taxpayer in the county, and he sees that as a boon to their school system, without having to raise local taxes. He spoke of competitive pay for their teachers, the importance of quality and variety in the classroom, and how he wants to equip his students to hold their own when they graduate. Those are things every parent wishes for their kids – a solid education and a secure future. So here’s to continuing that work. Back to it! #lifeatapex #gettowork #forthekids

Yesterday, nearly 300 community leaders, landowners, and Apexers gathered in Edenton, North Carolina, to celebrate the construction of Timbermill Wind with a turbine blade signing. Governor Roy Cooper joined us to share remarks about the importance of the economic impact of wind energy and to sign his name on one of the 242-foot long blades. The 189-megawatt facility is projected to generate up to $33 million in tax revenue in its lifetime to support local schools and government services, becoming Chowan County’s largest taxpayer during its first year of operations. Upon completion, Timbermill Wind will be the second wind farm ever built in the state and the first built since 2017. The project is less than four hours away from Apex’s home office, so this event gave our team the opportunity to see our company’s work firsthand. After the event, the Apex team visited downtown Edenton to grab lunch and get to know our partner community even better. Read more: https://bit.ly/3LCL7Rp

As Apex continues to grow our portfolio of clean energy projects, our ability to seize opportunities will be key to our success. And while the significance of our work is undeniable, how we accomplish it is even more crucial. By prioritizing our commitment to our core values as we scale, we maintain the framework that enables us to execute our mission.

Our partners invest in clean energy because it is inexpensive to generate, but also because it offers a range of environmental benefits as well as cost benefits: combined, the projects Apex has built to date will offset nearly 700 million tons of CO2 over their lifetimes. ⚡

Did you know? The energy storage market is anticipated to grow to $5.1 billion by the end of 2024—up from $720 million in 2010. 🔋 It’s no surprise: U.S. battery storage capacity jumped from 59 MW in 2010 to 18 GW last year.

There’s a growing awareness of the reliability and cost benefits that battery storage helps create for clean power generation. 🔋 This year, 81% of new capacity installed to the U.S. grid will be solar and storage—a pairing that supports the long-term resilience of our energy systems.

Federal, state, and local policies each affect clean energy development in unique ways—building a wind, solar, or storage project requires careful coordination with every level of governmental organization. Apex Explains, with Laura Merten: