LOADING

Type to search

Nestlé Invests in Ganado Solar Project to Help Expand Renewable Energy Available in the U.S.

Nestlé Invests in Ganado Solar Project to Help Expand Renewable Energy Available in the U.S.

Nestlé in the U.S. announced it is investing in Ganado, a solar project owned and developed by Enel North America in Jackson County, Texas. With Nestlé’s investment, the project, which is the size of just over 600 hectares, or about 850 football fields, will add 208 megawatts of solar electricity to the U.S. power grid. It will help Nestlé advance its efforts to reduce greenhouse gas emissions across its operations.

In addition to its direct investment, Nestlé will purchase 100% of the renewable electricity attributes, generated by the project’s energy production. That’s estimated to be an average of 333,000 megawatt hours per year for 15 years. This renewable electricity will be used to help power many of Nestlé’s U.S. facilities, where household favorite brands, such as DiGiorno pizza, Stouffer’sNesquikPurina Pro Plan pet food and Tidy Cats cat litter, are made. The annual carbon emission reduction is expected to be about 126,294 tonnes of CO2, which is equivalent to the emissions of more than 27,200 cars per year.

See related article: Nestlé Publishes 2022 Annual Report and Creating Shared Value and Sustainability Report

“We will continue to accelerate the use of renewable electricity, including wind and solar, to source 100% renewable electricity across our sites globally by 2025, and to achieve net-zero greenhouse gas emissions by 2050,” said Howard Baker, Global Head of Engineering Service and Technologies at Nestlé. “Our investment in this solar project is an important milestone to achieve these objectives: we will use renewable electricity to help power our U.S. manufacturing facilities, while also contributing to increasing the amount of renewable energy available in the U.S.”

Kate Short, Chief Procurement Officer, Nestlé North America, said, “We are continuing to accelerate our work to make sure we produce and transport our products in a sustainable way. Not only will our investment in Ganado help reduce carbon emissions across our U.S. manufacturing sites, but we’re also proud that it will help expand the availability of renewable energy in the U.S., adding enough solar electricity to power about 24,574 homes each year.”

The investment in Ganado builds on the company’s 2020 investment in solar project Taygete I in the U.S. Nestlé will continue to progress its work to reduce greenhouse gas emissions and to use more renewable energy to manufacture its products.

Topics

Related Articles

Leave a Comment

Your email address will not be published. Required fields are marked *

LOADING

Type to search

Blog

PepsiCo, National Geographic Society Launch Global Food for Tomorrow Program on Regenerative Agriculture
Akaysha Energy Secures $196M Debt Facility to Expand Battery Storage Portfolio
Silvania Partners with Alder Point to Scale US Timberland Investments for Climate and Conservation
GameChange Solar Brings Utility-Scale Tracker Technology to New Zealand
Monsoon Wind Powers Up 600 MW, First Cross-Border Wind Farm in Asia
Hong Kong Positions Itself as Global Hub as 90% of Family Offices Integrate ESG
Enfinity Global Secures $341M to Build 276 MW of Solar Projects in Italy
thyssenkrupp Nucera Acquires Green Hydrogen Systems Assets
Neuberger Berman Joins Blackstone in Backing Sustainability Software Provider Sphera
Ghana, Singapore Forge Sustainable Development and Carbon Market Partnership
Diginex, SGS Strengthen Alliance to Scale Sustainable Finance Solutions
Iberdrola España Starts Commissioning of €200M Ciudad Rodrigo Solar Plant
Protecting Nature Could Unlock Growth and Jobs, Says World Bank Report
image of the Triibe team on stage during event
Trump Administration Cuts $679 Million in Offshore Wind Funding
Thailand’s Tourism Authority Drives ESG Tourism to Boost Community Income, Global Recognition
PepsiCo Reports 2024 Progress on pep+ Sustainability and Nutrition Goals
RBI to Integrate Climate Resilience into India’s Financial System
BlackRock, LGIM Face $34 Billion Loss in Dutch Pension Shift
Denmark to Launch EU-Standard Green Bonds, Raising the Bar for Sovereign Issuance
","session_id":"ep-sess-1760133853-eYP3cbqt","page_url":"https:\/\/esgnews.com\/nestle-invests-in-ganado-solar-project-to-help-expand-renewable-energy-available-in-the-u-s\/","post_id":"19230","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */