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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.
Thursday, June 18, 2015
While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.
Friday, July 10, 2015
BY GREGG MORRIS
Rita Hansen aims to scale natural gas vehicle innovation.
Wednesday, June 24, 2015
One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.
Monday, June 22, 2015
The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Wednesday, July 22, 2015
Charlie Hales has long viewed sound urban planning as the route to salvation: social, economic and environmental. This week, the mayor's city design philosophy got the nod of approval from a bona fide spiritual authority, Pope Francis.
Tuesday, June 09, 2015
The technology at the center of Oregon’s road usage fee reform.
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Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.