SKF solidifies its commitment to sustainability through two REC purchase agreements in North America. The first pact focuses on Green-e certified wind energy, extending until 2025. The second, a 12-year agreement with Clearway Energy Group, covers a portion of RECs from a 452 MW solar farm in Texas. This marks SKF’s initial large-scale REC procurement in the US, helping it address 100% of electricity needs in its North American facilities with renewable energy, aligning with its ambitious decarbonization goals. Schneider Electric played a pivotal role in supporting SKF throughout the project selection and negotiation process.
Clearway Energy and SKF ink 12-Year solar REC agreement
SKF secures a 12-year solar REC deal with Clearway Energy, reinforcing its dedication to achieving 100% renewable electricity in US and Canada facilities by 2030. (Image Credit: SKF).
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)