What was the total investment amount for the Green Bank Solar PPA?

What was the total investment amount for the Green Bank Solar PPA?

• A. $50 million
• B. $102.6 million
• C. $200 million
• D. $5 million

Answer: (B)

The total investment amount for the Green Bank Solar Power Purchase Agreement (PPA) is $102.6 million. This figure represents the financing allocated for the development, construction, and operation of solar energy projects under the PPA. Investments of this scale are typically necessary to cover not only the installation of solar panels and associated technology but also infrastructure development, regulatory compliance, and long-term operational costs. The specific amount reflects the financial assessment made by the Green Bank, indicating a commitment to significant renewable energy initiatives, likely aimed at promoting sustainability and reducing carbon footprints. When considering investments in solar projects, larger sums usually suggest a broader strategy or multiple installations, while smaller figures may reflect pilot projects or limited scopes. Understanding the context and financial implications helps stakeholders gauge the seriousness and potential impact of the investment in green energy initiatives.

The total investment amount for the Green Bank Solar Power Purchase Agreement (PPA) is $102.6 million. This figure represents the financing allocated for the development, construction, and operation of solar energy projects under the PPA. Investments of this scale are typically necessary to cover not only the installation of solar panels and associated technology but also infrastructure development, regulatory compliance, and long-term operational costs. The specific amount reflects the financial assessment made by the Green Bank, indicating a commitment to significant renewable energy initiatives, likely aimed at promoting sustainability and reducing carbon footprints.

When considering investments in solar projects, larger sums usually suggest a broader strategy or multiple installations, while smaller figures may reflect pilot projects or limited scopes. Understanding the context and financial implications helps stakeholders gauge the seriousness and potential impact of the investment in green energy initiatives.