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WHR Whirlpool Corp

92.30
-2.64 (-2.78%)
After Hours
Last Updated: 22:31:59
Delayed by 15 minutes
Share Name Share Symbol Market Type
Whirlpool Corp NYSE:WHR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.64 -2.78% 92.30 93.60 91.694 93.20 1,340,358 22:31:59

Whirlpool Corporation To Install Onsite Renewable Energy At Washing Machine And Dishwasher Plants in Ohio

09/01/2024 9:15pm

PR Newswire (US)


Whirlpool (NYSE:WHR)
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BENTON HARBOR, Mich., Jan. 9, 2024 /PRNewswire/ -- Whirlpool Corporation announced today that it has entered into agreements with One Energy to add onsite wind and solar power at its Findlay and Clyde, Ohio operations. The company currently has nine onsite wind turbines at four of its Ohio plants in Findlay, Marion, Greenville and Ottawa. Combined, those turbines supply 22 percent of the electrical needs for those facilities. These two projects are among the largest behind-the-meter renewable energy projects in the U.S., and once complete will ensure the Clyde and Findlay plants receive at least 70 percent of their energy needs from onsite renewable energy.

Whirlpool Corporation To Install Onsite Renewable Energy At Washing Machine And Dishwasher Plants in Ohio

The expansion project involves three additional turbines at the company's Findlay operations, bringing its total number of onsite turbines to five. This will be the first introduction of onsite renewable energy for operations in Clyde, Ohio with the construction of three turbines. A ground solar array will also be installed at each location. The two projects combined will create 40.8 megawatts of renewable energy, bringing Whirlpool Corp. into the top 25 percent of companies on the Environmental Protection Agency's national Green Power Partnership list.

"Our focus on sustainability goes back over 50 years, and these new onsite installations are a significant step toward achieving our net zero target by 2030 for our operations," said Pam Klyn, Whirlpool Corporation's executive vice president of corporate relations and sustainability. "Sustainability is deeply embedded in our values, and we're very excited to be making this announcement today."

The solar and wind projects are expected to be online and operational by early 2025. Each turbine that Whirlpool Corp. has installed to date provides scholarship money in conjunction with One Energy. For the six new wind turbines, six additional $5,000 scholarships will be awarded per year to students in the local area pursuing a two or four year degree in STEM (Science, Technology, Engineering, Math).

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit, Yummly and InSinkErator. In 2022, the company reported approximately $20 billion in annual sales, 61,000 employees and 56 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

About One Energy
One Energy Enterprises Inc. is a Findlay, Ohio headquartered industrial power company. Additional information about the company can be found at OneEnergy.com

Whirlpool Corporation (PRNewsFoto/Whirlpool Corporation)

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SOURCE Whirlpool Corporation

Copyright 2024 PR Newswire

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