Commercial, Solar, Wind - April 1, 2024
TPI Composites Increases Wind, Solar Power
TPI Composites, Inc. invested in two wind turbines and added solar panels at sites in Türkiye and secured a power purchase agreement (PPA) in India to increase renewable energy usage and decrease emissions.
The company, which provides composite solutions for original equipment manufacturers in the wind and automotive markets, also increased collaboration with suppliers by securing commitments from 96% of critical direct material suppliers to align with TPI's sustainability goals.
The wind blades the company manufactures support the decarbonization of energy production and provide significant reductions in GHG emissions. The wind blades that were produced from 2019 to 2023 have the potential to reduce nearly 1.9 billion metric tons of CO2 over their average 20-year lifespan.
As published in its 2023 sustainability report, TPI Composites also achieved a 5% waste reduction production rate focused on optimizing production material usage.
“Providing the means necessary for the world to embrace renewable energy and reduce reliance on fossil fuels is the foundation of our company and we are dedicated to doing so responsibly,” said Bill Siwek, President and CEO, in a statement. “We formally established our sustainability program in 2019, and I remain proud of our associates’ continued engagement in this important work. As we prepare for growth in the coming years, we maintain TPI’s commitments to our publicly stated sustainability goals of promoting a zero-harm culture and becoming carbon neutral by the end of 2030 with 100% of our energy being procured from renewable sources.”
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