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NFL to invest $1B in Solar Power, ascent solar technology

The National Football League has signed a $1 billion commitment to invest in solar energy and ascent, the league announced today.

The commitment, which the league’s board of governors approved today, is part of a $6 billion solar investment that was approved by the U.S. Solar Energy Industries Association last year.

The $1.1 billion investment will go toward projects in Florida, Texas and California.

“Today, we are announcing our largest-ever investment in solar, as we continue to accelerate our commitment to our communities and our planet,” NFL CEO Brian McCarthy said in a statement.

“Our community is the only place in America where we can continue to provide clean energy at affordable prices.”

“We will not be slowing down our commitment, nor will we be slowing the pace of our investment in new solar technology,” NFL Commissioner Roger Goodell said in the statement.

The NFL and NFLPA also announced that the NFL will partner with an energy firm to provide a $25 million loan guarantee to help grow a small solar farm in the northern part of California.

The NFL will also use $1 million of the $6.8 billion investment to support local renewable energy projects.

“We are thrilled to announce that the National Football Association will invest in clean energy across the country, including the development of a small renewable energy project in Northern California, as part of our long-term commitment to provide new jobs and support communities,” NFL Executive Vice President of Football Operations Troy Vincent said in an NFL statement.

“This is a major step forward in our commitment in that our investment will help us help communities get on the path to become energy-independent, and will help our communities to reduce our dependence on fossil fuels and achieve clean energy goals.”

The NFL and the NFLPA were founded in 1933 to promote sports, the arts and community and to help develop the game’s image.

In 2017, the NFL and a group of its owners agreed to a new collective bargaining agreement that included a $10 million investment in renewable energy for every NFL player.