Wells Fargo honored by EPA for green-power market leadership
Wells Fargo & Co. received a 2007 Green Power Partner of the Year award from the U.S. Environmental Protection Agency for its leadership in the green-power market. Wells Fargo is one of seven companies, and the only financial services company, to receive the award.
Examples of Wells Fargo’s accomplishments and activities include the following commitments for equity investments totaling more than $300 million to renewable-energy projects within the past two years:
• Nevada Solar One, a 64-megawatt (MW) concentrating solar power project and the
• Seven wind farms in Texas, Colorado, Minnesota and Maine that have a collective generating capacity of more than 1,000 MW.
• Nine solar photovoltaic projects in California, New Jersey and Florida that have a collective generating capacity of more than five MW.
The Green Power Partnership is a voluntary program that encourages organizations to purchase green power as a way to reduce the environmental impacts associated with conventional electricity use.
The partnership has hundreds of members voluntarily purchasing billions of kilowatt hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500 companies, small- and medium- size businesses, local, state, and federal governments, trade associations, and colleges and universities. For details, see http://www.epa.gov/greenpower/winners/index.htm.