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Stock impact report

PPG completes on-site solar installation at Caivano, Italy facility

PPG Industries, Inc. (PPG) 
Last ppg industries, inc. earnings: 4/27 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investor.ppg.com
Company Research Source: Business Wire
Project enables further progress toward 2030 emissions reduction targets CAIVANO, Italy--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the completion of an on-site solar installation at its Caivano, Italy facility that will enable progress toward the company’s 2030 greenhouse gas emissions reduction targets.The project is part of a partnership with Grastim, a developer of high-efficiency energy generation solutions. The 1.5 megawatt solar installation represents a CO2 emission reduction of approximately 390 metric tons annually. Combined with a previously installed combined heat and power unit (CHP), the site is achieving an approximate 15% reduction in annual operating costs.“We’re committed to implementing processes and systems that will enable us to close in on our 2030 emissions reduction targets, which are validated by the Science Based Targets initiative,” said Mike Corcoran, PPG global manager, operational sustainability. “Caivano is a strong example of how we’re ensuring Show less Read more
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