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DuPont Announces Renewable Energy Virtual Power Purchase Agreement

DuPont announced that it has signed a Virtual Power Purchase Agreement for 135 MW of wind energy with NextEra Energy Resources, LLC in Texas. The agreement, which is subject to customary performance requirements, supports DuPont Acting on Climate target of decreasing absolute greenhouse gas emissions by 30% by 2030, including getting 60% of power from renewable energy and attaining carbon neutrality by 2050.

“Through this VPPA and our 2020 initiatives, we will shortly be obtaining the equivalent of about 25% of our entire power consumption today from renewable sources,” stated Miguel Gonzalez, DuPont Chief Procurement Officer. “Renewable energy is one component of an integrated climate and energy approach that will assist us in achieving our goal of providing the globe with the necessary innovations to prosper and transition to a more sustainable operation.”

DuPont Announces Renewable Energy Virtual Power Purchase AgreementThe VPPA will add 135 megawatts of wind power capacity every year, or about 528,000 MWh (Megawatt Hours) of renewable electricity. This quantity of renewable energy is comparable to preventing the carbon emissions from more than 81,000 passenger vehicles driven each year, or approximately 70,000 households’ yearly power consumption.

The project is being built by NextEra Energy Resources’ subsidiary, which will build, own, and manage it. DuPont intention to gain more renewable energy accelerates the US transition to renewable energy and coincides with the company’s environmental aims under Acting on Climate. DuPont has already made substantial work toward its targets, switching its main production site’s power supply to a low-carbon source in the fourth quarter of 2019.

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