30 Apr '13, 6pm

Verizon to Invest $100 Million in U.S. Solar and Fuel Cells

Verizon to Invest $100 Million in U.S. Solar and Fuel Cells

The company will install the gear at office buildings, call centers, data centers and other sites in seven states, New York- based Verizon said today in a statement. The project is expected to be completed next year as part of the company’s efforts to reduce by half by 2020 its carbon intensity, or the emissions produced per terabyte of data flowing through its network. Verizon is one of a growing number of large companies that are producing their own electricity and buying less from utilities. “We’re focused on how we really move the needle, and it’s going to be through on-site generation,” James Gowen, the company’s chief sustainability officer, said in an interview. “Things like solar and fuel cells are a perfect match for that.” U.S. businesses including Wal-Mart Stores Inc. and Costco Wholesale Corp. are generating more electricity from solar panels as installation co...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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