California, once again, is leading the nation with its ambitious clean energy goals, which include calling for net zero emissions and 100% clean energy by 2045. Success will require exponential growth in battery storage facilities, solar power, electric vehicles, smart buildings and more – fueled by investment by both the private and public sector.
Perhaps surprisingly, one of the leading businesses helping with this transition is our company, Prologis, which is the global leader in logistics real estate. Actually, we are uniquely positioned to accelerate clean energy projects throughout Southern California to both serve our customers and help the state meet its far-reaching goals. Southern California is Prologis’ largest market, and the company has adopted- ed our own ambitious goal to have net zero emissions across our value chain by 2040 – five years earlier than the state’s climate plan.
For those unfamiliar with our brand, Prologis builds, owns and leases distribution centers. A global company, we were founded in San Francisco and continue to call California our home. In the past decade, we have expanded our services to better meet our customers’ needs. This includes a quickly growing solar and battery storage business as well as EV charging. These clean energy offerings not only help our customers on their sustainability journey but also help bring the benefits of clean energy to the communities in which we operate.
• Solar Power. What makes more sense than putting solar panels on top of a distribution center? Prologis has more than 50 solar power installations on its Southern California buildings that provide clean energy for its customers’ operations and share access to clean power with local utilities. Today, in large part thanks to these solar installations, Prologis ranks second in the nation for corporate on-site solar generation. We recently passed 500 megawatts generated in solar and storage, moving us significantly closer to our…
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