DuPont to Source Renewable Energy Through Wind Energy Center in Texas

Rhea-AI Summary

DuPont (NYSE: DD) announced the operational status of the Appaloosa Run Wind Energy Center, a renewable energy project in Upton County, Texas, following a virtual power purchase agreement with NextEra Energy Resources. The facility generates 135 megawatts of wind power, supplying approximately 528,000 megawatt hours (MWh) annually. This output is capable of offsetting carbon emissions equivalent to over 81,000 cars or powering nearly 70,000 homes each year. The project also brings economic benefits to Upton County through local infrastructure enhancements. This initiative supports DuPont's sustainability targets of a 30% reduction in greenhouse gas emissions by 2030 and aims for carbon neutrality by 2050. The company will detail its sustainability efforts in an upcoming report.

Positive

• Operational status of Appaloosa Run Wind Energy Center enhancing renewable energy capacity.
• The project generates 135 megawatts of capacity, equating to 528,000 MWh of renewable electricity per year.
• Helps avoid carbon emissions from 81,000 cars or powers nearly 70,000 homes annually.
• Economic benefits to Upton County, including improvements to local roads and services.
• Supports DuPont's sustainability goals including a 30% reduction in GHG emissions by 2030.

Negative

• None.

WILMINGTON, Del., April 20, 2023 /PRNewswire/ -- DuPont (NYSE: DD) today announced Appaloosa Run Wind Energy Center, a wind energy project resulting from a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC, is operational and generating clean, renewable energy.

The Appaloosa Run Wind Energy Center, located in Upton County, Texas, will generate 135 megawatts of new wind power capacity or approximately 528,000 megawatt hours (MWh) of renewable electricity annually. It will deliver the clean energy equivalent to avoiding the carbon emissions from more than 81,000 passenger cars driven each year, or the annual electricity consumption of nearly 70,000 homes. Appaloosa Run Wind Energy Center provides many economic benefits for Upton County, including enhancements to local roads, schools and services.

The project will also help support DuPont's Acting on Climate goal of reducing absolute greenhouse gas (GHG) emissions by 30%, including sourcing 60% of electricity from renewable energy, by 2030, and achieving carbon neutrality by 2050.

"We are pleased that Appaloosa Run Wind is now operational and producing the renewable energy we need on our work to transition to clean energy sources and help achieve decarbonization," said Miguel Gonzalez, Chief Procurement Officer at DuPont. "Renewable energy is a piece of an integrated climate and energy approach that helps us deliver on our purpose of empowering the world with the essential innovations to thrive."

DuPont's renewable energy plans, climate progress and overall sustainability performance will be reported in its annual Sustainability Report to be published next month. For more information about DuPont's sustainability initiatives, visit dupont.com/sustainability.

About DuPont

DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.

DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, ℠ or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dupont-to-source-renewable-energy-through-wind-energy-center-in-texas-301802328.html

SOURCE DuPont

FAQ

What is the Appaloosa Run Wind Energy Center?

The Appaloosa Run Wind Energy Center is a renewable energy project operational in Upton County, Texas, generating 135 megawatts of wind power.

How much renewable energy does the Appaloosa Run Wind Energy Center produce?

The center produces approximately 528,000 megawatt hours (MWh) of renewable electricity annually.

What are the environmental benefits of the Appaloosa Run Wind Energy Center?

It helps avoid carbon emissions equivalent to over 81,000 passenger cars driven each year.

How does the Appaloosa Run Wind Energy Center contribute to DuPont's sustainability goals?

The project supports DuPont's goal of reducing greenhouse gas emissions by 30% by 2030 and achieving carbon neutrality by 2050.

When will DuPont publish its annual sustainability report?

DuPont plans to release its annual Sustainability Report next month, detailing its renewable energy plans and climate progress.