General Motors (GM) today announced that it has finalized agreements to power all of its US sites with clean energy by 2025.
This is in line with the accelerated target that GM announced in September 2021, which is five years ahead of the 2030 target the company announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016.
GM’s clean energy portfolio now includes sourcing agreements from 16 renewable energy plants across 10 states. The company reports that that portfolio has produced over $75 million of positive cash flow since 2017.
GM says its “four-pillar” renewable energy strategy is to increase energy efficiency, source renewable energy, deploy battery storage, and support policies that enable a net zero power system.
In 2019, GM became a founding member of the Clean Energy Buyers Association (CEBA), that includes more than 300 corporate…