QVC Facility Brought Online for 1-Megawatt Solar Output; Community to Benefit from 3.1 Million Pound Reduction in Carbon Emissions
Source: http://www.investorideas.com/news/121908a.aspPosted on Friday, December 19th, 2008 | In Current Market News
ROCKY MOUNT, N.C., Dec. 18 2008 — Liberty Media’s QVC (NASDAQ: LINTA) , working with SunPower Corp. (NASDAQ: SPWRA) (NASDAQ: SPWRB) , today unveiled the installation of a 1-megawatt solar electric power farm at the QVC Rocky Mount, Inc. distribution center based in Rocky Mount, NC. The project stands as one of the state’s largest renewable energy initiatives to date and furthers Liberty and QVC’s commitment to conservation and projects with lower environmental impact. The ground installation of the solar panels completed at the 1,300-employee QVC Rocky Mount campus spans nearly 5 acres. The amount of energy produced by the system annually will result in a significant 3.1 million pound reduction in carbon emissions or the equivalent of removing 259 cars from the road each year. Liberty and QVC are expecting to offset 20% of the facility’s annual energy costs.
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