Camco Clean (LSE:CCE)
Historical Stock Chart
From Jan 2020 to Jan 2025
World's largest Coca-Cola bottler to further reduce its energy use and carbon footprint at N.Y. facility through clean energy technologies
SOUTH WINDSOR, Conn., and ELMSFORD, N.Y., July 1 /PRNewswire-FirstCall/ -- UTC Power, a United Technologies Corp. company (NYSE:UTX), announced today it will supply two of its new PureCell(R) Model 400 fuel cell systems to provide on-site electricity and heat for Coca-Cola Enterprises' (NYSE:CCE) production facility in Elmsford, N.Y. The efficient energy and heat source will help further CCE's sustainability efforts, specifically around energy conservation and water stewardship.
UTC Power will install two fuel cell systems on-site at the CCE facility. Together, the fuel cells will generate enough energy and heat for 30 percent of the facility's overall operational needs. They also will serve as a backup source of power in the case of a utility power outage. UTC Power will own, operate and maintain the fuel cells as part of a 10-year energy services agreement.
"At Coca-Cola Enterprises, corporate responsibility and sustainability are integral to our overall business strategy," said Ron Lewis, vice president of supply chain for Coca-Cola Enterprises. "The fuel cell systems at our Elmsford facility will help us further our environmental commitment to our local communities, reducing our carbon footprint and our use of the local power grid."
Fuel cells are one of the cleanest and most efficient energy-generation sources available in the world today. Hydrogen and oxygen are combined in an electrochemical process to produce electricity, heat and water. A hydrogen-rich fuel is derived from natural gas in a process called reforming.
"Bottling and production facilities such as CCE's Elmsford, N.Y., facility are a great fit for fuel cell technology," said Neal Montany, director, UTC Power stationary fuel cell business. "We are delighted to be associated with CCE, one of the world's most respected companies and a leader in the area of sustainability."
CCE has demonstrated a strong commitment to corporate responsibility and sustainability in New York. The company has deployed 20 hybrid electric delivery trucks throughout metro New York City and has installed innovative water-saving technology in all of its New York production facilities. CCE is also considering adding fuel cells at some of its 431 facilities across North America and Western Europe.
"NYSERDA is pleased to provide $2 million for this exciting project, which will showcase the substantial energy and environmental benefits of fuel cell technology and combined heat and power," said Francis J. Murray, Jr., President and CEO of New York State Energy Research and Development Authority (NYSERDA). "Our partnership with Coca-Cola Enterprises and UTC Power will complement Governor Paterson's comprehensive energy agenda, which will make New York the most energy-efficient state in the nation, encourage the use of renewable energy technologies and tackle the crisis of global warming."
About Coca-Cola Enterprises
Coca-Cola Enterprises is the world's largest marketer, distributor, and producer of bottle and can liquid nonalcoholic refreshment. Coca-Cola Enterprises sells approximately 80 percent of The Coca-Cola Company's bottle and can volume in North America, and is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, and the Netherlands. CCE has set targets in its three Corporate Responsibility and Sustainability environmental focus areas of water stewardship, energy conservation/climate change, and sustainable packaging/recycling. For more information, please visit http://www.cokecce.com/.
About UTC Power
UTC Power is part of United Technologies Corp. (UTC), which provides energy-efficient products and services to the aerospace and building industries. UTC is a founding member of the U.S. Green Building Council and the Pew Center on Global Climate Change and has been named to the Dow Jones Sustainability Index each year since it was launched in 1999. Based in South Windsor, Conn., UTC Power is the world leader in developing and producing fuel cells that generate energy for buildings and for transportation, space and defense applications. For more information, please visit http://www.utcpower.com/.
About NYSERDA
The New York State Energy Research and Development Authority (NYSERDA) was established by law in 1975 as a public benefit corporation. NYSERDA provides energy-related technical and financial packaging assistance to businesses and institutions to promote energy efficiency and economic development, as well as providing energy research and development programs that promote safe and economical energy production efficiency technologies in New York State. NYSERDA also analyzes the effect of New York's energy, regulatory and environmental policies on the State's business, institutional, and residential energy consumers.
Contact: Peg Hashem
(860) 727 2093
Contact: Fred Roselli
Coca-Cola Enterprises
(770) 200 8731
DATASOURCE: UTC Power
CONTACT: Peg Hashem of UTC Power, +1-860-727-2093,
; or Fred Roselli of Coca-Cola Enterprises,
+1-770-200-8731,
Web Site: http://www.utcpower.com/