II-VI signs renewable energy contracts for global fabs

Business news |
By Nick Flaherty

II‐VI has signed renewable energy contracts for powering over 30 sites around the world, including more than two dozen that now cover 100% of their annual electricity usage with renewable sources.

This includes nine of its sites in the United States with 100% renewable electricity, representing 20 million kWh of renewable electricity per year, thereby avoiding an additional 5,000 metric tons of CO2 emissions annually.

The company makes engineered materials for photonics, including diamond, as well as silicon carbide for power devices in Sweden. All of its European sites, including ts fab in Newton Aycliffe, UK, are powered by 100% renewable energy.

“With these agreements, we now purchase approximately 30% of our electricity from renewable sources. We expect to continue to increase our renewable energy purchases every year, and we are delighted to make this announcement in conjunction with International Mother Earth Day as part of our commitment to increase the sustainability in our energy supply across our global footprint,” said Gary Kapusta, Chief Shared Services and Supply Chain Officer.

The sites range from some of II-VI’s most advanced manufacturing sites and some small engineering offices to multiple facilities across the U.S. in California, Oregon, New Jersey, and New York. Its largest plant in China will  be powered with 100% renewable electricity sources within four years.; #EarthDay

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