Applied Materials Invests in Wind and Solar RECs

Applied Materials, Inc. is to purchase 8,220,000 kilowatt-hours (kWh) of clean renewable energy annually from wind and solar generation sources in California.

The annual amount represents approximately 12 percent of the energy used in the company’s Santa Clara facilities and will reduce the company’s greenhouse gas emissions in Silicon Valley by more than five percent. “We are committed to demonstrating practical environmental leadership in industry and the conservation of natural resources,” said Mike Splinter, president and CEO of Applied Materials. “We challenge other companies to join us in purchasing renewable power as we believe heightened demand will lower cost and increase availability for both business and consumer use.” This purchase demonstrates the company’s comprehensive environmental responsibility programs and is in response to the U.S. Environmental Protection Agency’s Fortune 500 Green Power Challenge. Quadrupling an earlier agreement, Applied Materials’ pledge is the largest to date in the Santa Clara Green Power program, a 100 percent renewable energy program sponsored by SVP, The City of Santa Clara’s municipal electric utility. “Through this agreement Applied Materials becomes the top purchaser of renewable energy from Silicon Valley Power and one of the largest in the nation,” said Larry Owens, Division Manager, SVP.
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