Computing giant Hewlett-Packard (NYSE: HPQ) said yesterday that it would soon be making a large investment in renewable energy to do its part in reducing greenhouse gas emissions from its operations. As part of the effort, the computer maker will install a solar array on the tops of buildings in its San Diego campus.The array, once functional, will provide up to 1 megawatt of electricity to HP's operations in the San Diego area, which makes it one of the largest solar arrays in use by any company globally. SunPower will install the panels and will sell the electricity generated from them under an agreement with HP.
Google (NASDAQ: GOOG) currently is believed to operate the U.S. corporate world's largest solar array, which generates 1.6 megawatts of electricity. This HP initiative, though, is no slouch. The numbers: HP savings of $750,000 over 15 years along with offsetting 1 million pounds of carbon dioxide per year.
HP, which continues to have one quarter after another of impressive performance, now looks to join the elite corporate club of immense power misers as it fights off competitors to lead the computing industry in acknowledging environmental awareness. So far, both Google and HP are leading their respective industries while doing good for the environment at the same time. That's impressive.
Alcoa's Q2 2008 earnings transcript
Sir John Templeton, best contrarian investor of the 20th Century, dies at 95
Anheuser-Busch (BUD) sues InBev, what's next?
Reader Comments (Page 1 of 1)
11-28-2007 @ 7:55PM
Brian Monahan said...
Look into Octillion Corp. to increase the output of these pannels. They are on the cutting edege of all of this. Good for Goog and Hp for stepping up to the plate willingly and not waiting for the other corporate monsters to be forced by law. Who ever got ahead in this world or did something good only because they were forced.