California Companies Form Green Power Group

NAW Staff, Wednesday 27 February 2008 - 10:34:55

Several California companies have formed the Green Power Group - California Affiliates. Group founders Advanced Micro Devices, Apple Inc., BT Americas, Cisco Systems, eBay, Google Inc., Hewlett-Packard, Intel Corp., Intuit, Levi Strauss & Co., News Corp., Pactiv Corp., Patagonia and Wal-Mart Stores Inc. will share the best practices for purchasing and developing new sources of renewable energy. The partnership will help enable them to meet environmental goals, reduce exposure to volatile electricity prices and support new clean technologies.

The Green Power Group - California Affiliates is the third commercial and industrial partnership convened by the World Resources Institute (WRI). The first two partnerships, the U.S. Green Power Market Development Group and the European Green Power Market Development Group, have facilitated the development of over 600 MW of renewable energy through onsite projects and green power purchases. The California Affiliates will build on this experience to bring corporate renewable energy purchasing to significant scale in California.

"The commercial and industrial sectors can play a critical role in supporting renewable energy and energy efficiency technologies," says Alexander Perera, director of WRI's Green Power Market Development Group. "By working together, these companies hope to see improved green-power purchasing opportunities in the state."




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