Macom Facility Aims To Cut CO2 By Nearly 2000 Tons Per Year
Electricity and thermal energy to be produced onsite at Macom's Lowell facility with help from Renew Energy Partners
Renew Energy Partners, a firm dedicated to speeding carbon reduction, has entered into an agreement with the semiconductor firm Macom.
The Macom project is anticipated to be operational in late 2021 and is expected to reduce Carbon Dioxide emissions of 1869 metric tons each year or the equivalent emissions of 216 homes energy for one year.
Renew's 'Microgrid-as-a-Service' program allows commercial and industrial customers to meet aggressive sustainability targets, improve energy efficiency, achieve energy resilience and reduce operating expenses. Microgrids typically require capital investments and ongoing monitoring, however, with Renew's program, the project is fully funded by Renew and operational risk is transferred to Renew.
"Renew is proud to help another organisation stay competitive in this changing world. This system will not only provide significant energy savings and resilient on-site energy for many years to come, it is also expected to significantly reduce carbon emissions" said Stephen Pritchard, principal and cofounder.