UPS Invests $18 Million In Solar Energy
UPS just announced plans to significantly escalate its investment in solar energy. The estimated $18 million investment will allow each building in the initiative to produce half of its daily energy requirement from the sun and provide a nearly five-fold increase in the amount of power generated from solar at UPS facilities. UPS will purchase over 26,000 solar panels during the expansion.
The completion of these projects will expand UPS’s owned solar power generating capacity by almost 10 megawatts. The combined power produced from these projects is equivalent to providing electricity to approximately 1,200 homes annually. The expanded solar portfolio is expected to reduce carbon emissions by approximately 8,200 metric tonnes per year.
“Solar technology is a proven way to effectively and efficiently provide long-term power to our facilities,” said 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.”
With more than 2,580 UPS facilities worldwide, UPS expects additional solar deployments to occur over the next several years as it identifies suitable opportunities.
From traditional and electric-assisted bicycles in dense urban areas to electric and hybrid electric vehicles to solar, natural gas, renewable natural gas and propane, UPS is is investing in sustainability innovation all over the world.
ProMat Sustainability Keynote Panel to feature UPS, Boeing and REI
To learn more about the UPS investment in sustainable transportation and supply chain technologies, make plans now to attend the ProMat keynote panel on April 3 in Chicago titled Building Supply Chain Sustainability for Competitive Advantage: Lessons learned from leaders in innovative sustainability solutions. Tamara Barker, UPS Chief Sustainability Officer will join panelists from Boeing and REI in the keynote moderated by sustainability expert Andrew Winston.
