GM to buy 50 MW of power from RES wind project in Texas
November 18 (SeeNews) – General Motors Co (NYSE:GM) will purchase one third of the power generated at the 150-MW Cactus Flats wind farm that is being developed in Texas by UK-based Renewable Energy Systems Ltd (RES).
The US carmaker said on Wednesday it has signed a 50-MW power purchase agreement (PPA) with RES that will start in the first half of 2018. This is GM’s largest renewable energy purchase so far. Through the deal the company will source enough wind power to meet the electricity needs of 16 of its facilities in the US. These include business offices in Fort Worth and Austin, Texas, 13 parts warehouses, as well as GM’s assembly complex in Arlington, Texas that is already 50% powered by renewable energy after a 30-MW wind deal for EDP Renovaveis’ (ELI:EDPR) 250-MW Hidalgo wind park in Texas. The Arlington complex will now have all of its electricity demand met with wind power.
Upon the start of the RES contract, 6% of GM’s global energy use will be powered by renewable energy, the carmaker said. It has recently committed to 100% renewable energy by 2050.
GM said Altenex, an Edison Energy Company and an independent renewable energy advisor assisted in identifying renewable energy projects in the Texas market and completing the deal.View All News Articles ...