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GM increases solar energy commitment with new investment

GENERAL MOTORS SUSTAINABILITY
GM is now manufacturing electric cars (Chevrolet Volt) and generating electric power to run them.General Motors, in its growing commitment to solar energy, announced this week a $7.5 million investment in Sunlogics PLC a vertically integrated global solar…

GM is now manufacturing electric cars (Chevrolet Volt) and generating electric power to run them.

General Motors, in its growing commitment to solar energy, announced this week a $7.5 million investment in Sunlogics PLC a vertically integrated global solar energy systems provider specializing in solar project development and installation.

View slideshow: GM Solar Commitment
GM, through its subsidiary, General Motors Ventures LLC, also signed commercial agreements with Sunlogics for the installation of solar charging canopies at Chevrolet dealerships and GM facilities, as well as a power purchase agreement to install large-scale solar arrays at GM facilities and to purchase the energy they produce.

The investment will create 200 jobs in Detroit as Sunlogics will use some of the funding to establish its corporate headquarters and open a manufacturing facility in suburban Detroit, and to set up a manufacturing facility in Ontario, Canada.

Roof top solar array at GM Baltimore
Photo credit: GM
“Global solar energy use is predicted to more than double by 2016, so we believe that investing in renewable energy is a smart and strategic business decision,” said Jon Lauckner, president of GM Ventures. “And the Chevrolet solar charging canopy project complements our electrification strategy that started with the Chevrolet Volt by helping our cars live up to their fullest green potential.”

General Motors is most publicly known for its development, manufacture and marketing of the Chevrolet Volt electric car.

Less known is the level of engagement by General Motors in working on and with solar energy initiatives that generate and distribute solar energy electric power for their own facilities, industry and the consumer.

As part the announcement, General Motors committed to double its own solar energy output globally by the end of 2015.

“Our GM facilities currently house 30 megawatts of solar power, and we are committing today to double that capacity to 60 megawatts over the next few years, which is equivalent to powering 10,000 homes annually,” said Mike Robinson, GM vice president of Energy, Environment & Safety Policy. “Not only does renewable energy make good business sense, it helps us continue to reduce the impact our facilities have on the environment.”
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