As a part of Dow's Energy Plan and its Sustainability Goals, The Dow Chemical Company's Energy business has signed a long-term agreement with a new wind farm to be completed in first quarter of 2016, and will span nearly 35,000 acres, supplying Dow's Freeport Texas Manufacturing facility with 200 MW of wind power annually.
As a direct result, Dow is the first company in the U.S. to power a manufacturing site with renewable energy at this scale, and will become the third largest corporate purchaser of wind energy in the United States. As one of the largest industrial energy consumers in the world, Dow has consistently been on the forefront of new energy technology improvements. Dow is on track to meet its 2025 renewable energy goal as part of its Sustainability Goal commitments.
“Dow is always looking for win-win solutions – good for the environment and good for business,” said Jim Fitterling, vice chairman of business operations at Dow. “By entering into this agreement, Dow is taking a serious approach to our future energy needs in Texas and cost-competitive wind energy is a great opportunity.”
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