Porsche Cars North America Inc. has signed a contract for Cherry Street Energy LLC to build and manage a solar power grid at One Porsche Drive. This location combines PCNA corporate headquarters and the Porsche Experience Center Atlanta.
The solar power project will contribute to PCNA’s sustainability goals as the campus adds major new facilities. One Porsche Drive is currently in the midst of a $50 million expansion that includes the construction of a second driver training track for the public. This track will be operational in early 2023.
“Powering our North American home and our Taycan fleet through harnessing Georgia sunshine makes perfect sense and is a great demonstration of our commitment to sustainability,” says Kjell Gruner, president and CEO of PCNA. “This solar project contributes to the overall sustainability targets of Porsche AG. In 2030, Porsche aims to be CO2 net neutral across the entire value chain and life cycle of newly sold vehicles.”
Cherry Street Energy estimates that the array will produce 2,050 megawatts of electricity annually. The installation of the solar microgrid is scheduled to begin in September and be completed by 2023. This will kick off a 25-year operating contract between Cherry Street Energy and PCNA.
Panels will be installed on existing and new buildings, on the roofs at staging areas by the two tracks from which customers start their drives, as well as on a new covered walkway of 950 feet that runs from the parking lot to the headquarters building. Cherry Street Energy will operate, manage, and maintain the microgrid while selling power to PCNA. “The Cherry Street Energy team welcomes the opportunity to partner with Porsche on this innovative infrastructure program, leading the transition to reliable, renewable electricity,” states Michael Chanin, founder and CEO of Cherry Street Energy.