The company says it will generate or source only renewable energy by 2050
DETROIT—General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100 percent renewable energy—such as wind, sun and landfill gas—by 2050.
The energy goal, along with the pursuit of electrified vehicles and efficient manufacturing, is part of it’s overall approach to strengthening its business, improving communities and addressing climate change, the company said. GM is also joining RE100, a global collaborative initiative of businesses committed to 100-percent renewable electricity, working to increase demand for clean power.
In 2015, GM required 9 terawatt hours of electricity to build its vehicles and power its offices, technical centers and warehouses around the world. To meet its new goal, GM will continue to improve the energy efficiency of its operations while transitioning to clean sources for its power needs.
Today, GM saves $5 million annually from using renewable energy, a number it anticipates will increase as more projects come online and the supply of renewable energy increases. In addition, the company anticipates costs to install and produce renewable energy will continue to decrease, resulting in more bottom-line returns.
The new commitment builds on GM’s previous goal to promote the use of 125 megawatts of renewable energy by 2020. The company says it expects to exceed this when two new wind projects come online later this year to help power four manufacturing operations.
GM it’s also adding 30 megawatts of solar arrays at two facilities in China. Its Jinqiao Cadillac assembly plant in Shanghai will feature 10 megawatts of rooftop solar and 20 megawatts of solar carports, which will cover 8,100 parking spaces at the company’s vehicle distribution center parking lot in Wuhan.