Bayer investment group energy storage

Why is Bayer focusing on energy storage?

“We admire Bayer’s commitment to find projects near its Idaho facility, which has the highest electricity use within Bayer in the United States, signifying a major milestone in their global energy goals.” Energy storage is a vital technological component in the successful transition to clean energy.

Is Bayer a sustainable company?

“As an innovation driven company, Bayer recognizes the need to introduce renewable energy solutions that are healthier for the planet and healthier for humans,” said Bayer EVP of Public Affairs, Science, Sustainability and HSE Matthias Berninger.

Why is Bayer a good company?

Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world.

How much energy does Bayer's new solar project produce?

The project will realize 1.4 terawatt hours of power, an amount equal to the energy consumption of 150,000 households. In terms of CO2, the deal enables Bayer to reduce annual emissions by 370,000 tons. That's roughly equivalent to the emissions of 270,000 mid-sized cars, or the amount that 31.7 million trees are capable of binding annually.

Is Bayer a climate neutral company?

In accordance with the United Nations Sustainable Development Goals and the Paris Agreement to limit global warming to 1.5 degrees Celsius by 2050, Bayer aims to continuously reduce greenhouse gas (GHG) emissions within the company and along its entire value chain. The company aims to become climate neutral in its own operations in 2030.

Is Bayer a registered trademark?

Bayer® and the Bayer Cross® are registered trademarks of Bayer. Generating 1,400 GWh annually, Idaho Renewable Energy Agreement Underscores Bayer's Global Commitment to Sustainability and Rural Communities.