Commercial, Wind - March 20, 2023
Intuit Starts Fund to Support Solar Power
Intuit Inc., a global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced the launch of the Coalfield Solar Fund.
The fund is a partnership between Intuit, The National Energy and Education Development (NEED) Project, a nonprofit educational organization, and Secure Solar Futures, a provider of on-site clean energy and educational programs to schools and colleges.
Along with its partners, Intuit will create new career pathways and educational opportunities in the solar industry, while also helping to reduce carbon emissions.
To qualify for the grant program, applicants must agree both to obtain on-site solar power systems through a power purchase agreement (PPA) with Secure Solar Futures and to partner with the company to start and operate a program to train solar installers locally.
Intuit is a founding partner and key funding contributor - grants will be distributed by The NEED Project. Awards will range from $50,000 to $150,000 per campus to qualifying and successful K-12 public school and community college applicants to allow them to deploy solar power solutions and prepare students for careers in renewable energy.
The Coalfield Solar Fund is a partnership that provides multi-year grant funding to help bring solar power, job training, and hands-on student learning opportunities in the solar energy industry to communities in Virginia and West Virginia.
The program provides incentive grant funding opportunities for public K-12 and community colleges to apply for solar energy systems and equipment at no upfront cost. The Coalfield Solar Fund establishes in-classroom, educational opportunities on STEM and clean energy, and delivers a hands-on learning curriculum for high school students while also providing economic savings for schools on their energy bills.
“As part of our Climate Positive Commitment, Intuit has teamed up with Secure Solar Futures and The NEED Project to sustainably power prosperity in the coalfields regions of Virginia and West Virginia that have been powering the US for hundreds of years,” said Debbie Lizt, Head of Sustainability at Intuit in a statement. “We’re excited to help create new career pathways and educational opportunities in underserved communities, while also helping reduce carbon emissions in the transition to 21st century energy sources.”
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