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Stoneridge to Source 100% Renewable Energy at Lexington Manufacturing Facility

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Stoneridge (NYSE: SRI) has announced a three-year agreement with Direct Energy, an NRG Energy brand, to power its Lexington, Ohio manufacturing facility with 100% renewable energy through renewable energy certificates (RECs). The initiative will generate over 13,000 megawatt hours (MWh) of carbon-free electricity annually, equivalent to eliminating 13.5 million pounds of CO₂ emissions per year.

The RECs will be sourced from a wind facility, demonstrating Stoneridge's commitment to environmental responsibility and operational efficiency. The company's global sustainability efforts extend to other facilities in Manaus, Brazil; Tallinn, Estonia; and Örebro, Sweden, which already utilize green or low-carbon energy sources.

Stoneridge (NYSE: SRI) ha annunciato un accordo triennale con Direct Energy, un marchio di NRG Energy, per alimentare il suo stabilimento di produzione a Lexington, Ohio, con energia 100% rinnovabile tramite certificati di energia rinnovabile (REC). L'iniziativa genererà oltre 13.000 megawattora (MWh) di elettricità priva di carbonio all'anno, equivalente all'eliminazione di 13,5 milioni di libbre di emissioni di CO₂ all'anno.

I REC saranno forniti da un impianto eolico, dimostrando l'impegno di Stoneridge per la responsabilità ambientale e l'efficienza operativa. Gli sforzi globali dell'azienda per la sostenibilità si estendono ad altri stabilimenti a Manaus, Brasile; Tallinn, Estonia; e Örebro, Svezia, che già utilizzano fonti di energia verdi o a basse emissioni di carbonio.

Stoneridge (NYSE: SRI) ha anunciado un acuerdo de tres años con Direct Energy, una marca de NRG Energy, para alimentar su planta de fabricación en Lexington, Ohio, con energía 100% renovable a través de certificados de energía renovable (REC). La iniciativa generará más de 13,000 megavatios hora (MWh) de electricidad libre de carbono anualmente, equivalente a eliminar 13.5 millones de libras de emisiones de CO₂ por año.

Los REC se obtendrán de una instalación eólica, demostrando el compromiso de Stoneridge con la responsabilidad ambiental y la eficiencia operativa. Los esfuerzos globales de sostenibilidad de la empresa se extienden a otras instalaciones en Manaus, Brasil; Tallin, Estonia; y Örebro, Suecia, que ya utilizan fuentes de energía verdes o de bajas emisiones de carbono.

Stoneridge (NYSE: SRI)는 Direct Energy와 3년 계약을 체결했다고 발표했습니다. 이는 NRG Energy의 브랜드로, 오하이오주 렉싱턴에 있는 제조 시설을 100% 재생 가능 에너지로 전력 공급하기 위한 것입니다. 이 이니셔티브는 매년 13,000메가와트시(MWh)의 탄소 없는 전기를 생성하여, 연간 1,350만 파운드의 CO₂ 배출을 없애는 것과 동등합니다.

REC는 풍력 시설에서 공급되며, 이는 Stoneridge의 환경 책임과 운영 효율성에 대한 헌신을 보여줍니다. 회사의 글로벌 지속 가능성 노력은 이미 녹색 또는 저탄소 에너지원이 사용되는 브라질 마나우스, 에스토니아 탈린, 스웨덴 외레브로의 다른 시설로 확장됩니다.

Stoneridge (NYSE: SRI) a annoncé un accord de trois ans avec Direct Energy, une marque de NRG Energy, pour alimenter son usine de fabrication à Lexington, Ohio, avec 100 % d'énergie renouvelable grâce à des certificats d'énergie renouvelable (REC). L'initiative générera plus de 13 000 mégawattheures (MWh) d'électricité sans carbone par an, ce qui équivaut à l'élimination de 13,5 millions de livres d'émissions de CO₂ par an.

Les REC seront fournis par une installation éolienne, démontrant l'engagement de Stoneridge envers la responsabilité environnementale et l'efficacité opérationnelle. Les efforts mondiaux de durabilité de l'entreprise s'étendent à d'autres installations à Manaus, Brésil ; Tallinn, Estonie ; et Örebro, Suède, qui utilisent déjà des sources d'énergie vertes ou à faibles émissions de carbone.

Stoneridge (NYSE: SRI) hat eine dreijährige Vereinbarung mit Direct Energy, einer Marke von NRG Energy, bekannt gegeben, um sein Fertigungswerk in Lexington, Ohio, mit 100% erneuerbarer Energie über erneuerbare Energiezertifikate (RECs) zu versorgen. Die Initiative wird jährlich über 13.000 Megawattstunden (MWh) kohlenstofffreie Elektrizität erzeugen, was der Eliminierung von 13,5 Millionen Pfund CO₂-Emissionen pro Jahr entspricht.

Die RECs werden aus einer Windkraftanlage bezogen, was das Engagement von Stoneridge für Umweltverantwortung und betriebliche Effizienz demonstriert. Die globalen Nachhaltigkeitsbemühungen des Unternehmens erstrecken sich auf andere Anlagen in Manaus, Brasilien; Tallinn, Estland; und Örebro, Schweden, die bereits grüne oder kohlenstoffarme Energiequellen nutzen.

Positive
  • Secured 3-year renewable energy agreement for major manufacturing facility
  • 13,000 MWh annual carbon-free electricity generation
  • Multiple global facilities already using green energy, showing systematic sustainability implementation
Negative
  • None.

NOVI, Mich., Feb. 27, 2025 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced a three-year agreement with NRG Energy, Inc.'s brand, Direct Energy, to support 100% of the electricity needs for its manufacturing facility in Lexington, Ohio. This initiative, achieved through the purchase of renewable energy certificates (RECs), underscores Stoneridge's commitment to reducing its carbon footprint and advancing sustainability.

"Transitioning to renewable energy is an important step in our sustainability journey," said Jim Zizelman, president and CEO of Stoneridge. "This agreement reflects our ongoing commitment to environmental responsibility while ensuring operational efficiency at our Lexington facility."

Under the Direct Energy agreement, Stoneridge will purchase RECs sourced from a wind facility. This initiative is projected to generate over 13,000 megawatt hours (MWh) of carbon-free electricity each year, substantially lowering the facility's emissions. The environmental benefit is comparable to removing approximately 13.5 million pounds of CO₂ from the atmosphere each year.

Beyond Lexington, Stoneridge's global operations are also making strides in sustainability. The company's sites in Manaus, Brazil; Tallinn, Estonia; and Örebro, Sweden currently source green or low-carbon energy, further reinforcing its dedication to sustainable practices.

For more information on Stoneridge's ongoing efforts to build a more sustainable future, visit the Company's Sustainability site.

About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/stoneridge-to-source-100-renewable-energy-at-lexington-manufacturing-facility-302387624.html

SOURCE Stoneridge, Inc.

FAQ

How much renewable energy will Stoneridge's Lexington facility generate through the Direct Energy agreement?

The agreement will generate over 13,000 megawatt hours (MWh) of carbon-free electricity annually.

What is the environmental impact of SRI's renewable energy initiative in Lexington?

The initiative will eliminate approximately 13.5 million pounds of CO₂ from the atmosphere annually.

Which other Stoneridge (SRI) facilities currently use renewable energy?

Stoneridge facilities in Manaus, Brazil; Tallinn, Estonia; and Örebro, Sweden currently source green or low-carbon energy.

What type of renewable energy source will Stoneridge use for its Lexington facility?

The renewable energy certificates (RECs) will be sourced from a wind facility.

Stoneridge

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