Staples, Intel and Cisco Increases Clean Energy Purchases
Staples and Intel have both purchased enough green power to account for 100% of each company’s electricity use. Staples moved from 80% by purchasing an additional 120,000,000 kWh of green power since October, and Intel moved from 88% to 100% by purchasing 300,000,000 kWh. Cisco also moved up to number 9 in the GPP’s National Top 50 rankings by purchasing 190,000,000 kWh of green power.
NIPSCO and FTR Energy Offers New Renewble Energy Products
Northern Indiana Public Service Company (NIPSCO) has launched a new power product called the Green Power Program. The program lets customers purchase a portion or all of their monthly electricity from renewable sources. NIPSCO will charge a $0.002163/kilowatt-hour (kWh) premium for the renewable energy. For a household consuming 1,000 kWh of electricity, that equates to an extra $1.08 for 50% renewables, and $2.16 for 100% renewable energy. FTR Energy Services (FTR), a subsidiary of Frontier Communications Corporation, has also initiated a new product. Ohio customers of FTR can now opt to purchase 100% wind power and can choose between a fixed-rate or variable rate charge. Each pricing option also includes a cash-back reward that reimburses the customer for 5% of their monthly supply charge.
Volkswagen Powers Up 9.5MW Solar Farm at Tennessee
Volkswagen has started the operation of a 9.5 megawatt (MW) solar farm at its Chattanooga, Tennessee facility. The plant is currently the only auto manufacturing facility in the world to achieve the LEED Platinum certification. The JA Solar photovoltaic modules are expected to generate 13.1 million megawatt-hours of electricity each year, equivalent to 12.5% of the facility’s annual energy needs. The system is owned and will be operated by Silicon Ranch, selling power to Volkswagen under a 20-year agreement.
India’s Tata Seeks Investors for Renewable Energy Expansion
Tata Power Co., India’s second- largest generator, is seeking investors to help its renewables unit more than double capacity in five years and acquire projects at home and overseas. The company plans to build 2,000 megawatts of wind, solar, hydro and geothermal plants from a total of 852 megawatts last year. A shortage of fossil fuel used in thermal power projects has prompted India to grant incentives to wind and solar plants to cut chronic blackouts that the government says shaves about 1.2 percentage points off annual economic growth.