Verizon is preparing to invest almost $40 million in solar power technology at eight sites, effectively tripling their use of the technology.
The rooftop, ground-mounted and parking-structure panels will be installed in New York, California, Maryland, Massachusetts and New Jersey. When completed, Verizon will have the largest solar-generating capacity of any U.S. telecom company.
“Solar is a proven technology,” James Gowen, Verizon’s chief sustainability officer, was quoted as saying. “It didn’t hurt that the technology is getting better and prices are coming down.”
Source: Bloomberg Businessweek