Verizon to invest $40 million in on-site green energy

Business Council member Verizon has announced that it will invest nearly $40 million to expand the on-site green energy program that it launched in 2013.  The investment puts the company on track to become the top solar-power producer among all U.S. communications companies, according to the Solar Energy Industries Association, the U.S. trade association for companies that research, manufacture, distribute, finance and build solar projects domestically and abroad.

This year, Verizon will install 10.2 megawatts of new solar power systems at eight Verizon network facilities in five states, including New York, nearly doubling the amount of renewable power generated by solar energy systems installed at six Verizon facilities last year.  The other four states where the expansion is taking place are California, Maryland, Massachusetts, and New Jersey.

To learn more about Verizon’s investment in on-site green energy, please click here.

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