Tool manufacturer Stanley Black & Decker recently unveiled a new solar energy installation that can power its Kentucky factory with electricity to spare.
The company partnered with Castillo Engineering and RPG Energy Group to develop the almost 15-acre solar field, which stands adjacent to its Hopkinsville, Kentucky, plant. Stanley officials said the installation can provide 4.3 megawatts of electricity, which can cover operations at the 280,000-square-foot plant and send excess power back to the state’s electrical grid.
The solar farm is the largest privately funded installation of its kind sourced entirely by renewable energy in Kentucky, officials said. The company anticipates about $400,000 in annual energy savings from the project and an estimated reduction of 5,500 metric tons of carbon dioxide emissions.
Stanley Black & Decker says its environment, social, and governance strategy includes climate targets by 2030 that align with those set by the United Nations’ Sustainable Development Goals.
“This project, which we are fittingly celebrating on Earth Day, represents an impactful milestone as the organization progresses toward its mission of carbon neutrality by 2030,” Rob Kirts, the company’s director of global energy and utilities, said in a statement.
