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Corporates bank on renewables

An American bank has announced it is switching to electricity sourced from 100% solar energy.

The Fifth Third Bank has signed up to the RE100 campaign – led by The Climate Group in partnership with CDP. It is a growing list of corporates pledged to moving entirely to renewable energy. And Fifth Third Bank is the first to join that will achieve this by purchasing power from a ‘single solar power project’.

“We applaud Fifth Third for joining RE100 and for becoming the first member company to contract for 100% solar power,” said Amy Davidsen, Executive Director – North America, The Climate Group.

The bank, the 128th member of RE100, will get its clean electricity from energy generated at the solar farm being built in North Carolina by SunEnergy1, which is due to be online later this year.

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