Lockheed Martin and Duke Energy Renewables have inked a 17-year solar power purchase agreement to supply clean energy to Lockheed’s U.S. business segments.
The companies expect the deal to help fulfill current power requirements for the U.S. national grid with 30 megawatts of solar energy, Lockheed said Monday.
“We have a goal to reduce our greenhouse gas emissions by 35 percent by 2020 based on our 2010 emissions, and with this investment in renewables, we are one step closer to achieving that goal,” said Carol Cala, Lockheed’s vice president of energy, environment, safety and health.
Lockheed says it consumes 260,000 megawatt hours of green energy per year to address portions of the company’s electricity needs.
Duke Energy Renewables operates a new solar facility located in Conetoe, North Carolina, which generates 80 megawatts of total energy.