The Goodyear Tire & Rubber Company (NASDAQ: GT) and Enovos will build two photovoltaic power stations at Goodyear’s testing facilities in Colmar-Berg, Luxembourg.
The two stations will produce annually around 5 GWh and reduce carbon emissions by 46.3 tons, providing clean energy for around 1,200 households for the next 20 years.
As part of the company’s Goodyear Better Future corporate responsibility strategy, Goodyear previously outlined goals to reduce its environmental impact and increase its commitment to protect the environment.
Goodyear is tracking well toward that target, with the photovoltaic power stations projected to add local, green, carbon-free energy into the Luxembourg energy grid beginning in 2022.
The photovoltaic stations will expand on Goodyear’s long-standing relationship with Luxembourg’s main energy supplier, Enovos, to produce steam for production at its Luxembourg plant.
Xavier Fraipont, Goodyear’s Vice President for Product Development in Europe Middle East and Africa commented that, the company is continuously working to reduce the environmental impact. The project would contribute to the local green and carbon-free energy supply, benefiting the community and helping to protect the environment for years to come.
Erik von Scholz, CEO of Enovos Luxembourg added that, they were delighted to continue their great and longtime collaboration with Goodyear. The project was a prime example of company’s ambitions to increase their local renewable energy production and provide their customers with high quality green products for a more sustainable future.
Minister for Energy, Claude Turmes stated that, they welcomed Goodyear’s announcement, which was perfectly in line with their policy of energy transition. By speeding up the transition, they can not only strengthen the resilience but also their independence from fossil fuel imports.