Global labeling and packaging materials manufacturer Avery Dennison Corporation has signed a wind-power purchase agreement (PPA) with Apex Clean Energy to offset 50% of the company’s U.S.-based greenhouse gas emissions derived from electricity consumption. Under the terms, Avery Dennison will purchase 20 MW of renewable energy capacity from Apex’s Perryton Wind, a 299.91-MW wind energy project to be located in Ochiltree County, Texas.
The PPA is a key component of Avery Dennison’s 2025 sustainability goal to reduce absolute greenhouse gas emissions from its operations by at least 3% annually, and by at least 26% overall between 2015 and 2025. The agreement demonstrates Avery’s commitment to clean energy and is part of the company’s new participation in World Wildlife Fund’s (WWF) Climate Savers Program.
Additional goals set with WWF include covering the equivalent of 100% of electricity consumption at Avery Dennison’s U.S. operations with renewable energy by 2025 and addressing climate change through other areas of operations, such as maximizing use of paper made with recycled or certified wood fiber.
According to Roland Simon, VP of global procurement and global sustainability leader at Avery Dennison, the partnership with Apex is one of the ways Avery Dennison continues to create shared value for the company, the industry and communities worldwide. He noted that the PPA will provide clean, renewable electricity equal to 50% of the power consumed by Avery Dennison’s U.S. operations.
“It’s important for us to optimize renewable energy sources in a way that ripples outward to create change that encompasses far more than our own business,” said Simon.
Apex, an independent energy solutions provider, was recently awarded a 2016 Green Power Leadership Award by the Center for Resource Solutions for its leadership in bringing wind capacity to market and its expansion of direct purchasing of clean energy by the public and private sectors.
Perryton will be Apex’s fifth Texas wind farm, powering the equivalent of 108,000 U.S. homes. The facility will consist of 130 Siemens 2.307-MW turbines.
“We leverage the depth and breadth of our national pipeline of projects and we are committed to tailoring solutions that meet the specific goals of our corporate, utility and public sector partners, from a facility purchase to a structured PPA,” explained Steve Vavrik, Apex’s CEO. “The commitment to long-term renewable energy purchasing by companies such as Avery Dennison is providing a strong drive in the market to bring more clean energy to the grid.”
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