Publications

Transactions - APRIL 20, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Hershey signs two solar energy partnerships in the U.S.

by Released

The Hershey Co. has announced two new clean energy partnerships to develop solar projects in the United States, as it moves its operations toward the use of clean and renewable energy.

For the first project, located in Camden, N.C., Hershey has made a 15-year power purchase agreement (PPA) that will enable the financing and construction of the company's first utility-scale solar farm. The farm is being developed by global renewable energy developer BayWa r.e. This solar project will be a 20-megawatt facility on 218 acres of land.

Once completed, the North Carolina project will reduce carbon dioxide emissions by 32,025 metric tons per year. Construction of the new solar farm is expected to be completed in late July.

In addition, Hershey has signed a solar PPA with National Grid Renewables for 50 megawatts of the Noble Project, currently under construction in Denton County, Texas. Hershey's solar contract will account for an estimated 118,000 megawatt hours per ye

Forgot your username or password?