Lockheed Martin, Duke Energy sign renewable energy deal

solar power panel elp

Lockheed Martin entered into a 17-year power purchase agreement for solar power produced by Duke Energy Renewables. The renewable power purchase, which is expected to produce 30 MW (about 72,000 MWh per year) of solar energy for the U.S. national grid, will provide clean energy across all Lockheed Martin domestic business segments.

The new solar power facility, operated by Duke Energy Renewables in Conetoe, North Carolina, is currently the largest solar power generating facility east of the Mississippi River producing 80 MW of total energy.

As part of Lockheed Martin's comprehensive sustainability commitments, the corporation is focused on reducing overall energy consumption and greenhouse gas emissions through energy-efficiency measures as well as renewable energy projects.

The Environmental Protection Agency listed Lockheed Martin as one of the top rated corporations on its 2015 ranking of the largest green power users. Lockheed Martin uses nearly 260,000 MWh of green power annually including renewable energy credits, which is enough to meet 16 percent of the corporation's electricity use.

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