Renewable

April 25 (Renewables Now) - US engineered materials and optoelectronic components supplier II-VI Inc (NASDAQ:IIVI) will use 100% renewable electricity at several of its domestic sites under new power off-take contracts with an unnamed party.

The Saxonburg, Pennsylvania-based company announced the deals on Friday, saying that they will enable it to procure 20 million kWh of power annually. The electricity will help the firm switch to all-renewable power at nine of its locations across the US, including manufacturing facilities and small engineering offices in California, Oregon, New Jersey and New York.

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The contracted power is estimated to offset around 5,000 tonnes of carbon dioxide (CO2) emissions per year.

As part of its plan to lower its carbon footprint, II-VI is purchasing renewable power for more than 30 of its facilities globally. The company already powers all of its European sites with 100% renewable electricity.

“With these agreements, we now purchase approximately 30% of our electricity from renewable sources,” said Gary Kapusta, chief shared services and supply chain officer at II-VI. He added that the company expects to continue buying more renewable power every year.