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UPS Announces $18 Million Investment In Onsite Solar Energy, 5x Onsite Solar Growth
by James Ayre
Clean Technica Translate This Article
14 February 2017
On 14 February 2017 Clean Technica reported:
The shipping giant UPS will be investing around $18 million in new onsite solar photovoltaic (PV) projects expected to be completed by the end of the year in the US. The new projects will increase UPS's total onsite solar energy production capacity nearly 5-fold once completed. Altogether, these projects will reportedly total around 10 megawatts (MW) in nameplate electricity generation capacity. The company claims that [the] projects will offset around 8,200 metric tonnes of carbon dioxide emissions a year. Solar panels have the ability to generate electricity for more than 25 years. UPS will purchase over 26,000 solar panels during the expansion. Once installed, each building will effectively produce 50% of its daily energy use via the sun.
Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.
UPS's investment in solar power began in 2004 in Palm Springs, California. ''Solar technology is a proven way to effectively and efficiently provide long-term power to our facilities,'' stated Bill Moir, director of Facilities Procurement, UPS. ''We have a significant number of facilities that are well positioned to deploy solar at scale and increase our sustainable energy options for our buildings and electric vehicles.''
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