NEW YORK, April 30, 2013 /PRNewswire/ -- Verizon announced today that it 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. 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 -- while eliminating 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 intensity -- 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," said James Gowen, Verizon's chief sustainability officer. "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."
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.
"We are delighted that Verizon has recognized the value our products and experience can bring to their business operations," said David B. Wright, ClearEdge Power president and CEO. "This is a very exciting partnership for ClearEdge Power, and we are thrilled to be working with Verizon to help them reach their ambitious sustainability goals."
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.
"Verizon and SunPower share a commitment to quality and reliability, and SunPower looks forward to working together to meet Verizon's long-term renewable energy goals," said Howard Wenger, SunPower president, regions. "With SunPower's energy services and high-efficiency systems, Verizon will benefit from clean, solar power generation and cost savings at their facilities."
A History of Sustainability
An early adopter of fuel cell technologies, Verizon currently operates one of the largest fuel cell sites of its kind that helps power an environmentally friendly call-switching center and office building in Garden City, N.Y. Verizon also uses 26 solar-assisted cell sites in remote areas in the western United States to help power the portion of the nation's largest and most reliable wireless network serving those areas.
ENERGY STAR Partner of the Year
Verizon has long been focused on energy efficiency and instituting sustainable real estate practices. Last month its efforts were recognized once again when Verizon was named an ENERGY STAR Partner of the Year for its operation of 128 ENERGY STAR-certified Verizon Wireless stores. In addition, more than 130 Verizon Wireless retail stores nationwide have earned the U.S. Green Building Council's LEED (Leadership in Energy and Environmental Design) certification through 2012.
For more information about how Verizon is growing its business by applying innovative technologies to solve important social issues, visit http://responsibility.verizon.com/.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 99 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 181,900. For more information, visit www.verizon.com.
About ClearEdge Power ClearEdge Power provides clean, dependable power systems that scale from 5kW to multiple megawatts. As the most experienced fuel cell producer, ClearEdge Power is transforming power generation with innovative solutions that help customers reduce electricity bills, improve energy efficiency and reduce carbon emissions. For more information, please visit www.clearedgepower.com.
About SunPower SunPower Corp. (NASDAQ: SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company's quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia and Asia. For more information, visit www.sunpowercorp.com.
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