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Purchase of Renewable Energy Certificates Offsets CO2 Emissions at Dow Corning Headquarters
Dow Corning Corporation is purchasing 28,800 renewable energy certificates
(RECs) from NextEra Energy Resources, through its EarthEra initiative, for 2010
and 2011. The RECs purchased are equivalent to the amount of energy projected
to be used at Dow Corning’s Corporate Headquarters in Midland, Mich., and will
help balance the environmental impact of the site’s carbon emissions and help
build new renewable energy facilities.
Dow Corning’s two year green power purchase will offset indirect
CO2 emissions resulting from the electricity use and is equivalent
to the average use of nearly 1,000 American homes per year.
“As a leader in developing technologies that are helping to grow the solar
and wind energy industries, Dow Corning is committed to supporting further
green energy investment in the United States,” said Don Sheets, Dow Corning
Executive Vice President and Chief Financial Officer. “Our purchase of
renewable energy credits offered Dow Corning the unique opportunity to both
offset CO2 emissions while supporting the growth of alternative
energy generated in the United States.”
The EarthEra program was developed by NextEra Energy Resources, America’s
largest producer of wind and solar power, to help accelerate the nation’s move
to clean energy. All funds from Dow Corning’s purchase are placed in the
EarthEra Renewable Energy Trust, where 100 percent of funds are used to build
new renewable energy generating facilities in the United States.
Dow Corning recently installed solar panels and constructed a Solar
Discovery Center at its Corporate Headquarters. The solar panel installation is
the third the company has been involved with in Michigan. Others are at the
Michigan site of Dow Corning’s joint ventures the Hemlock Semiconductor Group,
and at Dow Diamond in Midland, home of the minor league baseball’s Great Lakes
Loons. In total, Dow Corning and Hemlock Semiconductor are generating
approximately 100 kilowatts of solar power, at peak, in the Great Lakes Bay
Dow Corning’s silicon-based materials are used in solar cell
manufacturing, solar module assembly and installation. In the past five
years, Dow Corning and its joint ventures, the Hemlock Semiconductor Group,
have announced investments of more than $5 billion to research and develop
as well as to expand production of materials critical to the solar
Dow Corning has been active in engaging U.S. policymakers to support
alternative energy growth in the U.S. To learn more about Dow Corning’s
efforts to promote a comprehensive energy policy that will support the growth
and success of a vibrant American solar energy industry visit www.dowcorning.com/solarpolicy.
About Dow Corning
Dow Corning provides performance-enhancing solutions to serve the diverse
needs of more than 25,000 customers worldwide. A global leader in silicones,
silicon-based technology and innovation, Dow Corning offers more than 7,000
products and services via the company’s Dow Corning® and XIAMETER® brands. Dow
Corning is equally owned by The Dow Chemical Company and Corning, Incorporated.
More than half of Dow Corning’s annual sales are outside the United States.
Follow Dow Corning on Twitter: www.Twitter.com/dowcorning.
Visit Dow Corning’s YouTube Channel: www.YouTube.com/dowcorningcorp.
The EarthEra® program provides a powerful new way for organizations and
consumers to reduce their carbon footprint while helping to build a clean
energy future. Created by NextEra Energy Resources, 100% of the revenue
received from the sale of RECs is directed to the EarthEra Renewable Energy
Trust and used to build new renewable energy facilities in the United States.
NextEra™ Energy Resources is the largest producer of wind and solar energy in
North America, with over 20 years experience building and operating renewable
energy projects. NextEra Energy is a subsidiary of FPL Group, Inc. (NYSE: FPL).
For more information visit: www.EarthEra.com, www.NextEraEnergyResources.com, www.FPLGroup.com.
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