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CONTENT: Press Release
HERSHEY, Pa., April 20, 2021 /3BL Media/ The Hershey Company (NYSE: HSY) today announced two new clean energy partnerships to develop solar projects in the U.S. as it moves its operations toward the use of clean and renewable energy.
For the first project, located in Camden, North Carolina, 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 (MW-AC) facility on 218 acres of land. Once completed, the North Carolina project will reduce CO2 emission by 32,025 metric tons per year, the equivalent of emissions incurred from driving more than 80 million miles in the average passenger car or charging nearly 3.9 billion smartphones. Construction of the new solar farm is expected to be completed in late July.
Hershey Announces New Renewable Energy Agreements Aligned With 2030 Goal to Reduce Emissions by More Than 50%
Published 2 hours ago
Submitted by The Hershey Company
HERSHEY, Pa., April 20, 2021 /CSRwire/ The Hershey Company (NYSE: HSY) today announced two new clean energy partnerships to develop solar projects in the U.S. as it moves its operations toward the use of clean and renewable energy.
For the first project, located in Camden, North Carolina, 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 (MW-AC) facility on 218 acres of land. Once completed, the North Carolina project will reduce CO2 emission by 32,025 metric tons per year, the equivalent of emissions incurred from driving more than 80 million miles in the average passenger car or charging