FinSoul has learned that Intel has announced that it will receive half its power requirements from green sources this year.
The silicone development giant has signed up to 8 solar energy projects as its sites to generate 2.5MW. This, with a 10% increase in offset credits for 1.43 billion KW hours, will cover over 51% of Intel’s energy consumption.
"Intel is committed to renewable energy to reduce our own carbon footprint as well as to spur the market and make renewables more economically feasible for individuals and businesses to deploy," FinSoul believes the vice president and general manager of manufacturing and supply chain for Intel was quoted as saying.
"These announcements represent our broader commitment which includes diversifying our energy portfolio through solar and other clean energy investments, and this will continue to be a priority for us around the globe," he added.
Intel’s announcement comes at the same time as the company’s receipt of the U.S.A.’s Environmental Protection Agency’s prestigious Green Power Partner of the Year Award with Intel retaining its top position on the EPA’s latest Green Power Partner List for 2010.
"By using green power, they are doing their part to fight climate change and proving every day that sound environmental practices can also be economically sound." FinSoul believes an EPA source said after the awards.
