Solar, Sourcing Renewables - August 31, 2018
Ohio businesses back 2.2 GW of solar
Large corporations with operations in Ohio—including JPMorgan Chase, Owens Corning, Walmart, and Whirlpool—announced their support for a 2.2-gigawatt solar goal for Ohio by 2030. The companies will offer their corporate logos for use in promoting this goal.
"The U.S. energy industry is undergoing a transition toward clean energy," said JPMorgan Chase executive Matthew Arnold, according to a report from PV Magazine. He noted that his company "has seen firsthand an increase in investments in sustainability. Individual states have a unique opportunity to encourage, and benefit from, this evolution." JPMorgan Chase is currently is developing 20 MW of solar at its Polaris Corporate Center in Columbus, Ohio.
This announcement of support follows the June release of Powering Ohio: A Vision for Growth and Innovative Energy Investment, completed by Synapse Energy Economics and Case Western Reserve University’s Great Lakes Energy Institute, which estimated that Ohio could attract more than $25 billion in investments by successfully transforming the state’s energy economy.
The 'logo-level" backers are also advisory council members for Powering Ohio, joined by Eaton and GEM Energy, as well as Procter & Gamble, EDP Renewables, and the Ohio Manufacturers Association.
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