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P&G achieves renewable power goal for US, Canada and Western Europe early

The Tyler Bluff wind park in Texas. (Photo: Business Wire)

October 25 (Renewables Now) - US consumer goods group Procter & Gamble Co (NYSE:P&G) announced on Thursday it is now purchasing 100% renewable power in the US, Canada and Western Europe, thus achieving a goal set for 2020 ahead of schedule.

P&G said that it is also on track to exceed its 2020 renewable energy and science-based greenhouse gas commitments, while continuing efforts to reach 100% renewable power globally by 2030. The three above-mentioned markets represent more than 70% of the group’s purchased electricity, it added.

The cosmetics and cleaning products maker has been buying 80% of the electricity generated by the 126-MW Tyler Bluff wind farm in Texas under a contract signed in 2015. EDF Renewable Energy managed the development of that project and then sold it to Southern Power, a unit of Southern Co (NYSE:SO).

Tyler Bluff provides all of the electricity needed for P&G’s Fabric and Home Care facilities in the US and Canada to make the products under brands such as Tide, Downy, Cascade and Mr Clean.

In addition, P&G sources steam used to run a paper factory in Georgia from a combined heat and power (CHP) biomass plant in Albany. The group says it also relies on a diverse portfolio of renewable energy projects focused on wind, solar, geothermal, hydro and renewable energy certificates.

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Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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