Applied Materials Commits to Leading U.S. Solar Power Generation
Capability
SANTA CLARA, Calif.--(BUSINESS WIRE)--Applied Materials, Inc., the global leader in nanomanufacturing
technology™ solutions for the electronics
industry, announced today that it will install over 1.9 megawatts of
solar power generation capability at its research campus in Sunnyvale,
California. This is believed to be the largest solar power installation
on an existing corporate facility in the United States and will be
rolled out in three phases.
“When the project is complete we will have a
silent, non-polluting 1.9 megawatt power plant on what is currently open
roof space and parking areas, and a great hedge against future energy
cost increases,” said Mike Splinter, president
and CEO of Applied Materials. “As we pursue
our strategy to significantly drive down the overall solar cost-per-watt
we feel it is important to lead through example and that installations
of this size will help lower consumer cost and spur overall market
growth.”
Applied Materials will start installing panels later this year that use
a variety of state of the art solar technologies. Once completed in
2008, Applied Materials’ system will generate
over 2,330 megawatt hours annually – the
equivalent of powering 1,400 homes.
In 2006, Applied Materials added an exciting element to its commitment
to the environment by announcing its entry into the solar photovoltaic
equipment market. The company’s solar strategy
is to bring significant change to the industry by enabling lower
cost-per-watt solutions for solar cell manufacturing —
with the goal of making solar power a significant alternative source of
global energy. Applied Materials has reduced its overall Bay Area
electricity consumption by approximately 20 percent on a normalized
basis over the last couple of years as part of its commitment to
dramatically reducing its carbon footprint.
To learn more about Applied Materials’ solar
strategy, visit: http://www.appliedmaterials.com/news/solar_strategy.html
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in
Nanomanufacturing Technology™ solutions with
a broad portfolio of innovative equipment, service and software products
for the fabrication of semiconductor chips, flat panels, solar
photovoltaic cells, flexible electronics and energy efficient glass. At
Applied Materials, we apply nanomanufacturing technology to improve the
way people live. Learn more at www.appliedmaterials.com.
