Triple Pundit: Tribally-Owned Seneca Environmental Makes First-of-Its-Kind Renewable Energy Deal With Pinterest

Seneca Environmental is on a mission to establish equitable, Earth-healing climate solutions. Selling a set of international renewable energy certificates to the social media platform Pinterest is one of the most recent steps in that journey, and it marks the first sale of its kind between a tribally-owned enterprise and a global tech company.

Owned by the Seneca Nation, the renewable energy development and investment company helps corporations reach their climate goals while helping Native communities build and invest in renewables. Its profits directly support the needs of members of the Seneca Nation in the Western New York region.

The renewable energy certificates (RECs) Pinterest purchased span 15 countries and will offset energy use in the tech company’s offices as part of its goal to run the buildings on 100 percent renewable energy.

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Solar Builder Magazine: Seneca Environmental to sell RECs to Pinterest

Seneca Environmental, the energy solutions division of Seneca Holdings, the wholly owned investment arm of the Seneca Nation, announced today that it has retired an international portfolio of renewable energy certificates (RECs) on behalf of visual search and discovery platform Pinterest. The sale marks the first sale of these types of RECs to a global tech company by a tribally owned enterprise.

With RECs spanning 15 countries including Singapore, Australia, and Japan, the purchase will be used to offset energy load in Pinterest offices, furthering the company’s goal to achieve 100% renewable energy for their offices.

As part of the deal, Pinterest will procure high-impact RECs from Seneca Environmental.

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PV Magazine: Tribal-procured RECs retire at Pinterest

Renewable energy credits (RECs) procured by Seneca Environmental and retired on behalf of Pinterest is a story about honeybees, a Tribal-owned company and Pinterest.

The RECs come from 15 countries, including the co-op-owned Connexus Athens Solar project in Minnesota, which has a sister site in Ramsey that sits its panels about 1 meter from the ground to enable pollinator-friendly vegetation underneath the panels. This way, both the solar panels and the vegetation can harvest the sun for renewable energy, and the native pollinators and honeybees, respectively.

Seneca Environmental is a Tribal-owned business whose profits go directly toward supporting the needs of the members of the Seneca Nation, whose territory is in western New York. The company was established to deliver projects at scale for customers wanting to support historically underserved communities. Seneca Environmental reported that it is building a Tribal workforce and Indigenous enterprise capacity to benefit current and future generations.

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Wind turbine on Seneca Land with sunset

Tribal Business News: Seneca Environmental’s deal with Pinterest opens new market for tribal energy certificates

A tribally owned enterprise has broken new ground in the renewable energy market, paving the way for other Native enterprises to compete in the growing global offset sector.

Seneca Environmental, owned by the Seneca Nation, has sold renewable energy certificates (RECs) to San Francisco-based Pinterest, Inc., a social media platform for visual content sharing. Terms were not disclosed, though Seneca Environmental said in a statement the RECs were sold across 15 countries. The sale is the first of its kind between a tribal entity and a major corporation.

“The tribal energy sector is still pretty nascent, even though people have been working on these for 30 years or more,” Seneca Environment Vice President Matt Rennert told Tribal Business News. “We want to be additive in that space and get things started. One of the biggest challenges is capacity and expertise in energy, and we have created that capacity internally to be able to do that side of the business.”

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New York Times Opinion: Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.

In the lead-up to the November election, Donald Trump threatened to “terminate” President Biden’s signature climate law, the Inflation Reduction Act, calling it the “Green New Scam.” Whether or not he kills the law, he is committed to slowing America’s transition from fossil fuels to clean energy — and few Americans seem concerned….

On energy, lawmakers can both boost renewables and reduce household bills. Lawmakers in Illinois recently made it illegal for utilities to shut off power for nonpayment when temperatures exceed 90 degrees. In New York, the Build Public Renewables Act directs a state-owned public power utility to build wind and solar infrastructure using union labor and to help working-class households cover energy costsTribe-owned companies are developing renewable energy to cut bills and support community development.

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Solar Builder: U.S. inks historic energy deal with Seneca Environmental

The Biden-Harris administration has selected Seneca Environmental for the U.S. government’s first-ever purchase of carbon pollution-free electricity (CFE) from a tribal majority-owned business.

The historic deal is part the Indian Energy Purchase Preference (IEPP) provisions of the Energy Policy Act of 2005, whereby the U.S. General Services Administration (GSA) will purchase energy attribute certificates (EACs) from Seneca Environmental, which is the energy solutions division of Seneca Holdings, the wholly owned investment arm of the Seneca Nation, based in Salamanca, New York.

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Tribal Business News: GSA’s $1.7M deal with Seneca Environmental marks 1st-ever use of tribal energy program

A contract announced Aug. 2 by the General Services Administration (GSA) has led to a seven-figure deal with a tribally owned energy firm, marking the first use of a decades-old program aimed at prioritizing tribal energy sources.

The $1.7 million contract with Seneca Environmental Solutions, a tribal enterprise of the Seneca Nation, calls for the tribal firm to provide Energy Attribute Certificates (EACs) that verify 349,108 megawatt-hours of carbon pollution-free electricity. This clean energy matches the net annual usage of 185 federal buildings across 12 states, supporting the Biden administration’s goal of transitioning all federal operations to 100% carbon-free energy by 2030.

Seneca Environmental will source the EACS from existing energy projects managed by private-sector partners that are already generating power for a range of communities, according to the energy firm’s vice president, Matt Renner.

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Solar Power World: Federal government buying first energy attribute certificates from tribal business

Seneca Environmental, the energy solutions division of Seneca Holdings, the wholly owned investment arm of the Seneca Nation, is announced that it has won the first-ever solicitation for a tribal majority-owned business to sell energy attribute certificates (EACs) to the U.S. General Services Administration (GSA).

Under this contract, the GSA will procure EACs from generation resources that qualify as carbon pollution-free electricity (CFE), enabling 185 federal buildings across 12 states to use 100% clean electricity. The total electricity load for these buildings is 349,108 MWh, equivalent to the power that 32,780 typical homes consume in a year. Representing a savings of nearly $800,000 compared to the average price that GSA paid for CFE EACs last year, this procurement is clear evidence that tribally owned businesses can be price-competitive with corporations in the private sector.

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Indianz.com: Seneca Nation company lands deal to provide clean energy to government buildings

A company owned by the Seneca Nation will be providing clean energy to 185 U.S. government buildings across 12 states under a landmark deal.

Seneca Environmental, the energy solutions division of Seneca Holdings, the wholly owned investment arm of the Seneca Nation, won the first-ever solicitation of its kind. The firm will sell energy attribute certificates to the General Services Administration (GSA) to power the government buildings with carbon pollution-free electricity.

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Tribal Business News: Seneca-owned environmental firm first to get preferred provider status

A national nonprofit that helps tribal nations develop energy projects has selected a Seneca Nation-owned energy solutions firm as its first preferred provider.

The Alliance for Tribal Clean Energy said it chose Seneca Environmental as the first supplier under its Preferred Provider Program, which connects tribes with energy developers and solutions providers that can support tribal projects.

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