Major California companies form buyers’ group for renewable power

March 28, 2008—Fourteen of California’s most prominent energy buyers have formed a partnership, the “Green Power Group—California Affiliates,” to enable the group to meet environmental goals, reduce exposure to volatile electricity prices, and support new clean technologies.

Advanced Micro Devices, Apple, BT Americas, Cisco Systems, eBay, Google, Hewlett-Packard, Intel Corporation, Intuit, Levi Strauss & Co., News Corporation, Pactiv Corporation, Patagonia, and Wal-Mart Stores will be sharing best practices for purchasing and developing new sources of renewable energy.

The new group is the third commercial and industrial partnership convened by the World Resources Institute (WRI). The first two, the US Green Power Market Development Group and the European Green Power Market Development Group, have facilitated the development of over 600 megawatts of renewable energy through on-site projects and green power purchases. The California Affiliates will build on this experience to bring corporate renewable energy purchasing to significant scale in California.

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