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|Articles - March 2010|
|Thursday, February 25, 2010|
Intel’s announcement that it will install solar power systems at four locations nationwide including Hillsboro represents the company’s most recent tactic in a sweeping global strategy to reduce greenhouse gas emissions.
Intel, Oregon’s largest private-sector employer, is the biggest user of electricity within Portland General Electric’s territory, burning through approximately 700 million kilowatt-hours per year at its Hillsboro plants. If Intel were to buy power through PGE’s normal mix of hydro, coal and gas, it would generate emission of 286,349 metric tons of CO2 annually, but that impact is lessened by the 27 million kwh of wind power Intel buys from PGE. It’s one of many steps Intel is taking to reduce its carbon footprint under Marty Sedler, director of global utilities and infrastructure.
Sedler says Intel has invested $30 million in conservation projects and another $125 million through its capital arm to support green companies including four solar power businesses. Most significantly, Intel has emerged as the nation’s top purchaser of green power for two years in a row, contracting in 2010 to buy more than 1.4 billion kwh of energy per year from wind, solar, biomass and geothermal sources.
The Environmental Protection Agency credits Intel’s green power investment with reducing its carbon footprint by the equivalent of 197,000 passenger vehicles or 134,000 American homes per year.
“Buying green power was the quickest way to create the most impact and do the most good,” Sedler says. “Installing solar is the next logical step.”
The new solar panels in Hillsboro would reduce carbon dioxide emissions by 32.8 million pounds, according to Intel’s calculations. Sedler says Intel has not decided exactly where to install the arrays, but it has elected to buy most of its panels from First Solar, an Arizona-based manufacturer that produces thin-film solar panels. That news may not go over well with Intel’s neighbor in Hillsboro, SolarWorld, which specializes in traditional crystalline panels and is in danger of losing market share to First Solar’s thin-film technology.
Sedler says conservation, green power and new solar arrays will all contribute to Intel’s goal to reduce its carbon footprint by 20% from 2007 levels over the next two years. He won’t say how much of a premium Intel pays to buy green power, but whatever Intel is spending extra is hardly making a dent on the bottom line. The company earned more than $2.3 billion during the final quarter of 2009 on $10.6 billion in revenues.
Tuesday, September 22, 2015
BY JASON NORRIS | CFA
On September 17, the much anticipated Fed decision was delivered and the equity markets haven't liked it.
Wednesday, September 16, 2015
BY GREGG LEWIS | OP-ED
The issue of green-washing remains a significant challenge to those of us who would like to see the building sector in this country do more than make unverifiable claims of sustainability. Transparency about the impacts of a given material is the only way to allow designers to make intelligent choices when selecting building products.
Wednesday, August 19, 2015
BY KIM MOORE
A conversation with Chris Maples, president of the Oregon Institute of Technology.
Wednesday, September 09, 2015
BY CHRIS NOBLE | ART DIRECTOR
Wednesday, August 19, 2015
BY LINDA BAKER
In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction.
Thursday, August 20, 2015
Which of the following would be most effective in reducing the cost of operating a public university in Oregon?
Wednesday, August 19, 2015
BY LINDA WESTON
In 1996, after a 17-year career in the destination marketing industry, where I gained national standing as the CEO of the Convention & Visitors Association of Lane County, I was recruited by the founders of a new professional basketball league for women. The American Basketball League (ABL) hoped to leverage the success of the 1996 USA women’s national team at the Atlanta Olympics — much like USA Soccer is now leveraging the U.S. Women’s National Team’s victory in the World Cup. The ABL wanted a team in Portland, and they wanted me to be its general manager.
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Engaging employees and customers along the way.
After first visiting as tourists, entrepreneurs relocate to Oregon and spur economic growth.
Hans N. Hugglerhas joined Lane Powell as an Attorney in the Litigation Practice Group, where he will focus his practice on complex litigation.
Over 300 attendees will gather to learn from 50+ regional leaders pushing the sustainability needle forward. GoGreen Portland offers a distinct platform of bringing people together across industries and sectors to build viable networks and cross-pollinate best practices throughout the regional business community.
Are you planning a meeting, party, gala, fundraiser, holiday party, golf tournament, retirement party, team building or birthday? You won’t want to miss this show to get hundreds of great ideas!