Constructed with Sun Power solar panels and Sun Power T0 Tracker technology is the ground-mount solar park generates the equivalent of 15 percent of the plant's annual electricity demand.
The project, which was originally announced already in February last year, is another step in the direction of Campbell, the goal of reducing energy consumption by 35 percent per ton of product produced and procurement consumes 40 percent of the energy of the company from renewable or alternative energy sources in year 2020.
In 2011 the company installed a 2.3 megawatt solar park in its Sacramento plant, which the company is then said to save approximately $ 2 million in electricity costs over 20 years.
Partners include the Napoleon project BNB Renewable Energy Holdings (NBB), Infinity and FirstEnergy Solutions. The project is based on a Power Purchase Agreement (PPA) arrangement, which Campbell will buy all the energy generated by the photovoltaic system guarantees.
In an effort to improve social responsibility (: CSR) and reduce operating costs, has Campbell Soup Company (CPB) to work on a 9.8-megawatt solar power plant at its Napoleon, Ohio manufacturing facility completed.
The successful completion of the project was achieved through the combined efforts of Campbell, BNB Renewable Energy Holdings, Infinity America Corporation, FirstEnergy Solutions, and Sun Power Corporation (SPWR).
FirstEnergy later entered into a deal with BNB to purchase all energy credits and environmental benefits from the project. Infinity arranged means (long term) for the project from Wells Fargo & Company (WFC).
Sun Power Tracker technology uses in order to create the capacity for maximum energy per hectare, while minimizing energy costs over the next 20 years or more.
Currently meet the new solar power system can be 15% of the facility power requirements. By 2020, the company produces 40% of the required source energy from renewable or alternative sources, while reducing energy consumption by 35% per ton of product. Since its opening, the project has created nearly 200 jobs.
Previously, Campbell earned a four-acre property in the city of Camden from the Camden Gateway Properties I, LLC.
Our Recommendation
Campbell Soup is one of the world's leading producers of convenience food products. Furthermore, a strong portfolio of well established brands, including Campbell's, Erasco, Liebig, Pepperidge Farm, V8, Pace, Prego, Swanson, and Arnott's offer a competitive edge to the company's strengths and well-established position in the market.
Campbell, currently competes with General Mills Inc.
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