Capital Partners Solar Project is a renewable energy project that generates solar power for the George Washington University, American University and the George Washington University Hospital. The project is comprised of 53.5 megawatts (MW) of solar photovoltaic (PV) power which covers approximately half of the electricity needs of GW, AU and GWUH over 20 years. 243,000 solar panels at three sites in North Carolina generate 121 million kilowatt hours (kWh) of emissions-free electricity each year, taking normal PV panel degradation into account. This project shows that large organizations in an urban setting can partner to significantly reduce their carbon footprints by purchasing offsite solar energy. Environmental Benefits: In 2016, the project eliminated approximately 60,000 metric tons of carbon dioxide, which is equivalent to taking roughly 12,500 cars off the road or driving nearly 140 million miles. It generates enough emissions-free energy per year to power roughly 8,900 homes.Financial Benefits: The 20-year agreement provides fixed commodity pricing for solar energy at a lower total price than each institution’s current power solutions and expected to yield greater economic savings as traditional power prices are anticipated to increase at a higher rate over the contract.Economic Benefits: The project created hundreds of construction jobs in North Carolina at each site.