clearloop

clearloop

Electric truck and SUV manufacturer Rivian has entered an agreement with solar energy company Clearloop to finance a Tennessee solar facility that will help power its EV chargers in the region. Axios first reported the news Thursday.

The Irvine-based automaker provided upfront financing for one megawatt of renewable electricity at the Paris Solar Farm in Puryear, Tenn., about 100 miles west of Nashville. The solar farm broke ground on Tuesday; once completed, it will produce 6.75 megawatts of energy annually.

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