Applied Materials Commits to 100 Percent Renewable Energy Sourcing Worldwide
July 21 2020 - 12:55PM
Under a broad set of ESG initiatives unveiled today by company
President and CEO Gary Dickerson, Applied Materials announced a
commitment to 100 percent renewable energy sourcing by 2030.
In accordance with its goal, Applied has joined other technology
leaders in committing to purchase energy from the 500 megawatt (MW)
White Mesa Wind project being developed by Apex Clean Energy in
Crockett County, Texas. Applied’s power purchase agreement (PPA)
covers 10 percent of the project’s clean energy output, an amount
equivalent to the power needs of more than 13,000 homes.
“Our PPA is an important step in helping Applied Materials reach
our reduced carbon footprint targets as it will enable us to
achieve 100 percent renewable energy sourcing in the U.S. and 73
percent worldwide by 2022,” said Scott Hambleton, managing director
of Environmental, Health and Safety at Applied Materials. “We are
excited to accelerate our environmental sustainability goals with a
clean energy project that is supported by other leading technology
companies.”
“White Mesa clearly demonstrates the power of corporate energy
purchasers working together to bring new renewable energy projects
to life,” said Mark Goodwin, president and CEO of Apex Clean
Energy. “We welcome Applied Materials as the latest offtaker of the
White Mesa Wind project and applaud the company’s dedication to
incorporating sustainable practices into its business.”
3Degrees, a specialist in renewable energy, transportation
decarbonization and other climate solutions, facilitated the
agreement. “We are pleased to have helped facilitate this power
purchase agreement with Applied Materials and Apex Clean Energy,”
said Steve McDougal, CEO, 3Degrees. “It’s exciting to see a growing
number of companies in the technology sector, and beyond, pledge
long-term support to increase their commitment to renewable energy
and help mitigate climate change.”
“Applied Materials is solidifying itself as a renewable energy
leader through strong commitments to reduce its carbon footprint
and achieve 100 percent renewable energy sourcing globally over the
next 10 years,” said Miranda Ballentine, CEO, Renewable Energy
Buyers Alliance (REBA). “As we work toward achieving a zero-carbon
future, this type of leadership will continue to move the industry
forward and set an example for other large energy buyers to
follow.”
About Applied Materials, Inc.Applied Materials,
Inc. (Nasdaq: AMAT) is the leader in materials engineering
solutions used to produce virtually every new chip and advanced
display in the world. Our expertise in modifying materials at
atomic levels and on an industrial scale enables customers to
transform possibilities into reality. At Applied Materials, our
innovations make possible the technology shaping the future. Learn
more at www.appliedmaterials.com.
Contact:Ricky Gradwohl (editorial/media)
408.235.4676Michael Sullivan (financial community) 408.986.7977
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