Verizon to boost solar by $40M, almost doubling its clean energy

Gigaom

Verizon plans to expand the amount of solar panel projects that power its network by almost double. Following a $100 million investment in solar panels and fuel cells last year, the telco announced on Monday that it is spending another $40 million to build out 10.2 MW of new solar panel systems at eight Verizon network sites across five states.

Verizon is looking to cut its carbon emissions footprint substantially by 2020 and with this new investment the company says it will have the largest commitment to solar and clean energy out of its peers in the communications industry. With the new solar panel projects, which will be built by [company]SunPower[/company], [company]Verizon[/company] says it will have 25 MW of clean energy under management, which is enough power for about 8,500 average American homes per year.

A solar panel project powering Verizon's network operations. Image courtesy of Verizon. A solar panel project powering Verizon’s network operations. Image courtesy of Verizon.

Deploying clean power…

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