Tuesday, April 30, 2013

Verizon to Invest $100 Million in Fuel Cells & Solar Power

Verizon plans to spend $100 million in a solar and fuel-cell energy project to help power 19 of its facilities in seven states across the country.

The project aims to generate more than 70 million kilowatt hours per year of green energy.

Specifically, Verizon has selected ClearEdge Power, a manufacturer of scalable, distributed power systems, to install PureCell Model 400 fuel cell systems at Verizon sites in California, New Jersey and New York. The systems will generate more than 60 million kilowatt hours of electricity.

In addition, Verizon has also signed a multiyear agreement with SunPower Corp. for rooftop- and ground-mounted solar photovoltaic systems as well as solar parking canopies at Verizon facilities in California, Maryland, Massachusetts, New Jersey, Arizona and North Carolina. The systems, which will generate approximately 8 million kilowatt hours of electricity annually.