U.S. Markets closed

Ingevity hosts solar panel system at Waynesboro, Georgia, facility

New solar panels at Ingevity's Waynesboro, Georgia, site. (Photo Business Wire) Multimedia Gallery URL

WAYNESBORO, Ga.--(BUSINESS WIRE)--

Ingevity Corporation (NGVT) is hosting a photovoltaic solar panel system on approximately five acres of its land adjacent to the company’s “honeycomb” scrubber manufacturing plant in Waynesboro, Georgia. The company is participating in Georgia Power’s Commercial & Industrial Renewable Energy Development Initiative (C&I REDI), joining other Georgia Power customers in contributing more than 177 megawatts of renewable energy resources.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190610005024/en/

“As we continue to apply the tenets of sustainability to our business strategy, we remain committed to working with our energy suppliers and other partners to find ways to generate savings through the use of renewable energy,” said Michael Wilson, Ingevity’s president and CEO.

The solar array was installed earlier this year by Radiance Development RCS II, LLC, Atlanta, Georgia. The new system consists of approximately 3,000 solar modules, and will produce approximately 1.9 million kilowatt hours of energy in its first year of operation, offsetting the equivalent of approximately 3 million pounds of carbon dioxide on an annual basis. Radiance will continue to operate the system.

This is Ingevity’s second solar system installed at a manufacturing facility; the first was constructed at the company’s North Charleston, South Carolina, plant in early 2018.

To learn more about Ingevity’s sustainability initiative and view its sustainability report, please visit: www.ingevity.com/about/sustainability.

Ingevity: Purify, Protect and Enhance

Ingevity provides specialty chemicals, high-performance carbon materials and engineered polymers that purify, protect, and enhance the world around us. Through a team of talented and experienced people, Ingevity develops, manufactures, and brings to market products and processes that help customers solve complex problems. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks, coatings, elastomers, bio-plastics and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,750 people. The company is traded on the New York Stock Exchange (NGVT). For more information visit www.ingevity.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190610005024/en/

MULTIMEDIA AVAILABLE:https://www.businesswire.com/news/home/20190610005024/en/