Stoneridge, Inc. harnesses wind power for a sustainable future.
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Sponsor Our ArticlesStoneridge, Inc. has announced a partnership with NRG Energy’s Direct Energy to provide 100% renewable energy for its manufacturing facility in Lexington, Ohio. This move aims to significantly reduce emissions and promote sustainability. Utilizing wind power, the initiative is projected to deliver over 13,000 megawatt hours of carbon-free electricity annually, equating to a reduction of approximately 13.5 million pounds of CO₂ from the atmosphere each year. Stoneridge’s commitment extends globally, emphasizing their dedication to a cleaner, greener future.
Lexington, Ohio, residents, get ready to feel good about the future! Stoneridge, Inc., a prominent player in the electrical and electronic systems market for vehicles, has made a big splash by announcing a brand new partnership with NRG Energy’s Direct Energy. This collaboration aims to meet 100% of the electricity needs for Stoneridge’s manufacturing facility located right in the heart of Lexington.
This partnership is more than just a business deal; it’s a significant step towards a sustainable future. By implementing a three-year agreement, Stoneridge is not only keeping the lights on at their location but is also embracing green energy in a major way. The company will be utilizing renewable energy certificates (RECs), which support the purchase of clean energy sources. How cool is that?
So, what’s the source of this newfound green power? It’s all coming from a wind facility, where breezy winds generate electricity, making it a beautifully renewable resource. This initiative is set to bring in a whopping more than 13,000 megawatt hours (MWh) of carbon-free electricity every year! Imagine the incredible environmental impact of this transition!
The environmental perks of this new energy scheme are hard to ignore. The reduction in emissions at the Lexington facility is expected to be substantial, estimated to be similar to taking approximately 13.5 million pounds of CO₂ out of the atmosphere each year. That’s a significant win for air quality and our health!
But wait, there’s more! Stoneridge’s commitment to sustainability doesn’t stop in Ohio. The company is also making strides in their operations in Manaus, Brazil; Tallinn, Estonia; and Örebro, Sweden, where they are using green or low-carbon energy. This global approach emphasizes Stoneridge’s dedication to making a positive environmental impact across the board.
As Stoneridge, Inc. continues its adventure towards sustainability, it encourages everyone to be a part of this positive change. With headquarters in Novi, Michigan, Stoneridge is a designer and manufacturer of essential systems paving the way for cleaner vehicle markets. Their sustainability site offers a deeper dive into all the ways they are working to minimize their carbon footprint.
So, what does this mean for the everyday folks in Lexington and beyond? With Stoneridge’s leap towards utilizing renewable energy, they are not only ensuring a healthier planet for future generations but also setting an example for other companies to follow. The message is clear: every little effort counts, and together, we can move towards a cleaner and greener future!
Stoneridge Inc. Faces Financial Challenges with Q4 and Annual Losses
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