Weekly renewables M&A round-up (May 16-20)
May 20, 2022 17:01 CESTLafargeHolcim's cement plant in Maryland powered by 10 MW of solar
Solar module. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic.
October 9 (Renewables Now) - Swiss building materials giant LafargeHolcim Ltd (SWX:LHN) on Thursday said its cement plant in Maryland is now powered by a 10-MW solar farm.
The company developed the project in collaboration with Greenbacker Renewable Energy Company LLC. The solar farm, installed next to the plant in Hagerstown, will generate enough power to cover about 25% of the cement plant's annual needs and save about 12,375 tonnes of carbon dioxide (CO2) a year.
LafargeHolcim has already installed solar arrays and wind turbines at four plant locations.
“As we strive toward becoming a net-zero company, clean energy is a key part of our strategy. During the next five years, we hope to install enough renewable energy to power all of our plants," CEO of US Cement operations, Jamie Gentoso, commented.
More stories to explore
German association calls for accelerated hydrogen ramp-up
May 20, 2022 16:20 CEST
Germany's PNE to place EUR-50m corporate bond
May 20, 2022 16:05 CEST
BlueFloat, Falck unveil 975-MW floating wind project off Sardinia
May 20, 2022 14:24 CEST
Romania’s Simtel Team swings to net profit in Q1
May 20, 2022 13:41 CEST
Pure Hydrogen, Advik to set up hydrogen supply JV in India
May 20, 2022 13:32 CESTShare this story
Tags
About the author