Royal Philips (NYSE: PHG, AEX: PHIA) said Dec. 15 that Philips North America will use 100% renewable energy for its North American operations by the end of 2016, a major step toward its 2020 carbon neutrality ambitions announced recently at the COP21 global climate conference in Paris.
Working with EDP Renewables North America, Philips will purchase 250,000 MWh of electricity per year over the next 15 years from the Hidalgo Wind Farm in McCook, Texas, an amount equivalent to the power used at the company’s 133 sites. The financial details of the agreement will not be disclosed.
Brent Shafer, CEO of Philips North America, said: “Our power purchase agreement will allow a brand-new wind farm to be built in Texas. Moreover, by offsetting our North American operations with renewable energy, we will reduce the Philips global carbon footprint by 8.6 percent, support the local economy and positively impact our bottom line, demonstrating the private sector can benefit from and help drive clean energy.”
This is the latest sustainability effort in North America for Philips, which includes a 2-MW wind turbine at its lighting manufacturing facility in Fall River, Mass., as well as a solar farm at its Andover, Mass., campus. Over the last six years (2008-2014), Philips has increased its use of renewable energy from 8% to 55%.
Royal Philips is a diversified health and well-being company. Headquartered in the Netherlands, Philips posted 2014 sales of EUR 21.4 billion and employs approximately 106,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare.
Electric Transmission Texas LLC filed with the Public Utility Commission of Texas on Oct. 30 an updated Generation Interconnection Agreement with Hidalgo Wind LLC for a 250-MW wind project. The agreement doesn’t establish a firm commercial date for the project. This is a 250-MW project, to be made up of 125 Vestas V110 wind turbines of 2 MW each. The project developer will establish the Los Mirasoles Substation in Hidalgo County, 3.5 miles west of McCook. The project will then interconnect from there into ETT’s 345-kV Pomelo Station. The project contact information is for an EDP Renewables office in Houston, phone 713-265-0350.