Verizon to invest $40m more in solar
US wireless communications giant Verizon will install 10.2MW of new solar power systems at eight network facilities, bringing total investment for on-site green energy to almost $140m.
This year’s $40m investment will target new solar systems in California, Maryland, Massachusetts, New Jersey and New York. When completed, Verizon will have about 25MW of green energy generating capacity.
Verizon contracted with SunPower to design and install all of the solar systems. The new equipment, consisting of high-efficiency rooftop, parking-structure and ground-mounted solar photovoltaic systems, will vary from site to site.
"Our investment in on-site green energy is improving the quality of life in the communities we serve by reducing CO2 levels and reducing strain on commercial power grids, while increasing our energy efficiency," says James Gowen, Verizon's chief sustainability officer.
The Solar Energy Industries Association projects that Verizon will soon be among the top 10 US companies based on solar generating capacity.