Treasury Americas Leads United States Wine Industry with Largest On-Site Solar Installation
NAPA, Calif., May 9, 2023 /PRNewswire/ -- Treasury Americas, a division of Treasury Wine Estates Ltd (TWE), is expanding its on-site solar electricity generation through a substantial investment in renewable electricity, which will power each of its wineries. According to independent research conducted by globally recognized assurance and risk management provider DNV, Treasury Americas is estimated to be the leader of on-site solar electricity generation in the U.S. wine industry following the completion of the project. Over 60% of Treasury Americas' electricity will be generated by on-site solar upon completion of the project, setting a record for a U.S. wine company of its size and scale.
- Over 60% of Treasury Americas' electricity will be generated by on-site solar upon completion of the project, setting a record for a U.S. wine company of its size and scale.
- Treasury Americas will be the leader of on-site solar electricity generation in the U.S. wine industry by 2024.
- Every Treasury Americas winery will receive over half of its electricity needs from on-site solar generation.
- The project will involve the installation of approximately 13,000 solar panels across Treasury Americas' properties, and when complete, the company's total on-site solar generation will be approximately 14.3 million kWh annually.