Solar One USA

Recent 500 kW project of ours that went online at an apartment complex just outside of Chicago, Illinois.

444 Social Apartments now own their solar array and are saving an estimated $72,000 a year in electricity savings by offsetting 30% of their electricity with the sun.

The system will save them $1.8 million over 25 years, and will power the apartment complex for over 40 years.

We were able to use available state and federal incentives to pay for their system upfront using our proprietary solar ownership program. This means they were cash flow positive by month 1 and realized an immediate ROI without having to take out a loan nor did it require any capital expenditure budget.

PepsiCo announced plans to achieve 100% renewable electricity for its U.S. direct operations this year. The U.S. is the food and beverage company’s largest market and accounts for nearly half of its total global electricity consumption.

PepsiCo’s efforts in the U.S. build upon its global progress in switching to renewable electricity around the world. For example, nine countries in PepsiCo’s European direct operations already meet 100% of their electricity demand from renewable sources. Additionally, in 2018, 76% of the electricity needs of the PepsiCo Mexico Foods business were delivered via wind energy.

“We have entered a decade that will be critical for the future of our planet’s health,” said Ramon Laguarta, chairman and CEO of PepsiCo. “PepsiCo is pursuing 100% renewable electricity in the U.S. because the severe threat that climate change poses to the world demands faster and bolder action from all of us.”

PepsiCo’s shift to renewable electricity in the U.S. this year is expected to deliver a 20% reduction in company-wide direct operations (Scopes 1 and 2) greenhouse gas (GHG) emissions relative to a 2015 baseline. This represents a significant contribution to the company’s goal of reducing absolute GHG emissions across its global value chain by 20% by 2030 against a 2015 baseline.

PepsiCo plans to achieve 100% renewable U.S. operations this year PepsiCo announced plans to achieve 100% renewable electricity for its U.S. direct operations this year.