POST Online Media Lite Edition



 

Verizon to invest $100 million in green energy

Staff writer |
Verizon will invest $100 million in a solar and fuel-cell energy project that will help power 19 of its facilities in seven states across the country.

Article continues below







When completed next year, the project will enable Verizon to annually generate more than 70 million kilowatt hours of its own green energy, enough to power more than 6,000 single-family homes a year. The project will eliminate more than 10,000 metric tons of carbon dioxide, enough to offset the annual CO2 emissions from more than one million gallons of gas.

The fuel cell and solar products will be installed at a variety of Verizon buildings, including corporate offices, call centers, data centers and central offices. This is the company's latest move toward reaching its goal of cutting its carbon emissions produced per terabyte of data flowing through its networks in half by 2020.

"This is a natural evolution of our sustainability efforts and of our use of alternative energy to power a variety of our facilities. These projects will reduce our carbon footprint, relieve demand on the electrical grid and enhance the resiliency of our proven service continuity, even during outages," said James Gowen, Verizon's chief sustainability officer.

Verizon will work with ClearEdge Power, a manufacturer of scalable, distributed power systems, to install PureCell Model 400 fuel cell systems at Verizon sites in California, New Jersey and New York. The systems will generate more than 60 million kilowatt hours of electricity and result in a carbon reduction of approximately 6,000 metric tons per year. The installation work, ClearEdge's largest single-user project to date, will begin soon and continue throughout the year.

Verizon has also signed a multiyear agreement with SunPower Corp. and is negotiating the deployment of high-efficiency rooftop- and ground-mounted solar photovoltaic systems as well as solar parking canopies at Verizon facilities in California, Maryland, Massachusetts, New Jersey, Arizona and North Carolina.

The systems, which will generate approximately 8 million kilowatt hours of electricity annually, are expected to be completed this year and to reduce Verizon's annual carbon footprint by more than 5,000 metric tons of CO2.


What to read next

Verizon to incur $500 million in pre-tax costs from Yahoo deal
Verizon sought $925m discount for Yahoo merger, got $350m
Verizon contractor left 14 million customers' data unprotected