SKF secures 100% renewable electricity in the U.S. and Canada - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # SKF secures 100% renewable electricity in the U.S. and Canada ##### Up next ![Medtec China's 20th Anniversary brings together 1000+ Exhibitors and Facilitates Business Innovation in Shanghai in September](https://i0.wp.com/thailandbusinessnews.net/wp-content/uploads/2023/10/SSampC-Completes-Acquisition-of-Iress039-Managed-Funds-Administration-Business.jpg?resize=200%2C110&ssl=1 "Medtec China's 20th Anniversary brings together 1000+ Exhibitors and Facilitates Business Innovation in Shanghai in September") [](https://thailandbusinessnews.net/press-release/medtec-chinas-20th-anniversary-brings-together-1000-exhibitors-and-facilitates-business-innovation-in-shanghai-in-september/) ###### [Medtec China's 20th Anniversary brings together 1000+ Exhibitors and Facilitates Business Innovation in Shanghai in September](https://thailandbusinessnews.net/press-release/medtec-chinas-20th-anniversary-brings-together-1000-exhibitors-and-facilitates-business-innovation-in-shanghai-in-september/) Published on 30 January 2024 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) GOTHENBURG, Sweden, Jan. 30, 2024 /PRNewswire/ — SKF has reached a significant sustainability milestone by entering two Renewable Energy Certificate (REC) purchase agreements in North America. This will enable SKF factories and facilities in the U.S. and Canada to achieve 100% renewable electricity. The first agreement focuses on investing in Green-e certified wind energy. This partnership will span through 2025, reinforcing SKF’s commitment to supporting renewable energy sources. The second is a 12-year agreement, starting in 2026, signed with Clearway Energy Group (Clearway) for a portion of the RECs generated from a 452 MW solar farm currently under construction in Kent County, Texas, USA. The agreement with Clearway is SKF’s first long-term REC procurement at scale in the U.S. This will enable SKF to effectively address 100% of its annual electricity consumption in its U.S. and Canada facilities with renewable electricity. It will also help SKF make significant strides towards its aim to decarbonize the Group’s operations by 2030 and become net zero throughout the value chain by 2050. John Schmidt, President, Industrial Region Americas, says: "At SKF, we firmly believe in the importance of actively contributing to a cleaner and greener future and we are thrilled to make this significant stride toward sustainability. We have set ambitious targets and these renewable energy agreements not only align with our commitment to reducing carbon emissions but also empower us to support the development of renewable energy projects." Valerie Wooley, Senior Vice President of Origination at Clearway, says: "Clearway commends SKF on taking action towards achieving their sustainability targets by committing to a long-term agreement to purchase RECs from our solar project in Kent County." The agreements are part of SKF’s broader sustainability agenda, which includes initiatives to reduce energy consumption, increase use of renewable energy, and minimize environmental impact. Schneider Electric supported SKF in the selection of and negotiations for both projects. RECs generated from Clearway’s solar farm will be listed with the Center for Resource Solutions (CRS). This means that it will meet all requirements for certification pursuant to the Green-e Renewable Energy Standard for the U.S. and Canada. Aktiebolaget SKF (publ) CONTACT: For further information, please contact:PRESS: Carl Bjernstam, Head of Media Relationstel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relationstel: 46 31-337 2104; mobile: 46 705-472 104; The following files are available for download: [https://mb.cision.com/Main/637/3917865/2570442.pdf](https://c212.net/c/link/?t=0&l=en&o=4079912-1&h=350227049&u=https%3A%2F%2Fmb.cision.com%2FMain%2F637%2F3917865%2F2570442.pdf&a=https%3A%2F%2Fmb.cision.com%2FMain%2F637%2F3917865%2F2570442.pdf) 20240130 SKF secures 100% renewable electricity in the U.S. and Canada [https://news.cision.com/skf/i/skf-rec-tsn-1,c3261986](https://c212.net/c/link/?t=0&l=en&o=4079912-1&h=564524656&u=https%3A%2F%2Fnews.cision.com%2Fskf%2Fi%2Fskf-rec-tsn-1%2Cc3261986&a=https%3A%2F%2Fnews.cision.com%2Fskf%2Fi%2Fskf-rec-tsn-1%2Cc3261986) SKF REC TSN 1 [https://news.cision.com/skf/i/skf-rec-tsn-2,c3261987](https://c212.net/c/link/?t=0&l=en&o=4079912-1&h=2606401990&u=https%3A%2F%2Fnews.cision.com%2Fskf%2Fi%2Fskf-rec-tsn-2%2Cc3261987&a=https%3A%2F%2Fnews.cision.com%2Fskf%2Fi%2Fskf-rec-tsn-2%2Cc3261987) SKF REC TSN 2 [https://news.cision.com/skf/i/skf-john-schmidt,c3261989](https://c212.net/c/link/?t=0&l=en&o=4079912-1&h=1209371538&u=https%3A%2F%2Fnews.cision.com%2Fskf%2Fi%2Fskf-john-schmidt%2Cc3261989&a=https%3A%2F%2Fnews.cision.com%2Fskf%2Fi%2Fskf-john-schmidt%2Cc3261989) SKF John Schmidt [Source link ](https://www.prnasia.com/story/archive/4324230_AE24230_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/viettel-brings-vietnamese-technology-to-the-worlds-largest-mobile-industry-event/) ![Viettel Brings Vietnamese Technology to the World's Largest Mobile Industry Event](https://i0.wp.com/thailandbusinessnews.net/wp-content/uploads/2025/03/dc52abab42c5f39baad4.jpg?resize=260%2C140&ssl=1 "Viettel Brings Vietnamese Technology to the World's Largest Mobile Industry Event") - [Press Release](https://thailandbusinessnews.net/category/press-release/) - [Tech](https://thailandbusinessnews.net/category/tech/) ## Viettel Brings Vietnamese Technology to the World's Largest Mobile Industry Event BARCELONA, Spain, March 4, 2025 /PRNewswire/ — At MWC Barcelona 2025, Viettel Group… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - March 4, 2025 [](https://thailandbusinessnews.net/press-release/walovis-international-cans-make-global-debut-ushering-in-a-new-era-of-eastern-natural-plant-beverages/) ![WALOVI's International Cans Make Global Debut, Ushering in a New Era of Eastern Natural Plant Beverages](https://i0.wp.com/thailandbusinessnews.net/wp-content/uploads/2025/08/1755759086_image.jpg?resize=260%2C140&ssl=1 "WALOVI's International Cans Make Global Debut, Ushering in a New Era of Eastern Natural Plant Beverages") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## WALOVI's International Cans Make Global Debut, Ushering in a New Era of Eastern Natural Plant Beverages GUANGZHOU, China, Aug. 21, 2025 /PRNewswire/ — On August 18, the grand… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - August 21, 2025 [](https://thailandbusinessnews.net/press-release/so-young-announces-receipt-of-minimum-bid-price-notice-from-nasdaq/) ## So-Young Announces Receipt of Minimum Bid Price Notice from Nasdaq BEIJING, Aug. 29, 2024 /PRNewswire/ — So-Young International Inc. (Nasdaq: SY) ("So-Young" or… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - August 29, 2024 ##### Most Read - [![DBS Hong Kong Partners with Visa, Preface to empower Customers with AI Readiness skills, for the Future of Intelligent Payments](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/dbs-hong-kong-partners-with-visa-preface-to-empower-customers-with-ai-readiness-skills-for-the-future-of-intelligent-payments/ "DBS Hong Kong Partners with Visa, Preface to empower Customers with AI Readiness skills, for the Future of Intelligent Payments") [DBS Hong Kong Partners with Visa, Preface to empower Customers with AI Readiness skills, for the Future of Intelligent Payments](https://thailandbusinessnews.net/press-release/dbs-hong-kong-partners-with-visa-preface-to-empower-customers-with-ai-readiness-skills-for-the-future-of-intelligent-payments/ "DBS Hong Kong Partners with Visa, Preface to empower Customers with AI Readiness skills, for the Future of Intelligent Payments") - [![Department of International Trade Promotion Organizes ELMA 2026 Award Presentation Ceremony Honoring Thai Logistics Businesses and Showcasing Excellence in Logistics Management](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/department-of-international-trade-promotion-organizes-elma-2026-award-presentation-ceremony-honoring-thai-logistics-businesses-and-showcasing-excellence-in-logistics-management/ "Department of International Trade Promotion Organizes ELMA 2026 Award Presentation Ceremony Honoring Thai Logistics Businesses and Showcasing Excellence in Logistics Management") [Department of International Trade Promotion Organizes ELMA 2026 Award Presentation Ceremony Honoring Thai Logistics Businesses and Showcasing Excellence in Logistics Management](https://thailandbusinessnews.net/press-release/department-of-international-trade-promotion-organizes-elma-2026-award-presentation-ceremony-honoring-thai-logistics-businesses-and-showcasing-excellence-in-logistics-management/ "Department of International Trade Promotion Organizes ELMA 2026 Award Presentation Ceremony Honoring Thai Logistics Businesses and Showcasing Excellence in Logistics Management") - [![yomo Secures Initial Banking Licence, Ready to Lead Egypt's Digital Banking Evolution](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/yomo-secures-initial-banking-licence-ready-to-lead-egypts-digital-banking-evolution/ "yomo Secures Initial Banking Licence, Ready to Lead Egypt's Digital Banking Evolution") [yomo Secures Initial Banking Licence, Ready to Lead Egypt's Digital Banking Evolution](https://thailandbusinessnews.net/press-release/yomo-secures-initial-banking-licence-ready-to-lead-egypts-digital-banking-evolution/ "yomo Secures Initial Banking Licence, Ready to Lead Egypt's Digital Banking Evolution") - [![GSK's Blenrep (belantamab mafodotin) combinations approved in Singapore for treatment of relapsed/refractory multiple myeloma](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/gsks-blenrep-belantamab-mafodotin-combinations-approved-in-singapore-for-treatment-of-relapsed-refractory-multiple-myeloma/ "GSK's Blenrep (belantamab mafodotin) combinations approved in Singapore for treatment of relapsed/refractory multiple myeloma") [GSK's Blenrep (belantamab mafodotin) combinations approved in Singapore for treatment of relapsed/refractory multiple myeloma](https://thailandbusinessnews.net/press-release/gsks-blenrep-belantamab-mafodotin-combinations-approved-in-singapore-for-treatment-of-relapsed-refractory-multiple-myeloma/ "GSK's Blenrep (belantamab mafodotin) combinations approved in Singapore for treatment of relapsed/refractory multiple myeloma") - [![Tencent Cloud's "AI CAN DO IT" Hackathon Hong Kong and Macau Demo Day Concludes Successfully](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/tencent-clouds-ai-can-do-it-hackathon-hong-kong-and-macau-demo-day-concludes-successfully/ "Tencent Cloud's "AI CAN DO IT" Hackathon Hong Kong and Macau Demo Day Concludes Successfully") [Tencent Cloud's "AI CAN DO IT" Hackathon Hong Kong and Macau Demo Day Concludes Successfully](https://thailandbusinessnews.net/press-release/tencent-clouds-ai-can-do-it-hackathon-hong-kong-and-macau-demo-day-concludes-successfully/ "Tencent Cloud's "AI CAN DO IT" Hackathon Hong Kong and Macau Demo Day Concludes Successfully") - [![Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/piramal-pharma-limited-completes-acquisition-of-controlling-stake-in-yapan-bio-private-limited/ "Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited") [Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited](https://thailandbusinessnews.net/press-release/piramal-pharma-limited-completes-acquisition-of-controlling-stake-in-yapan-bio-private-limited/ "Piramal Pharma Limited Completes Acquisition of Controlling Stake in Yapan Bio Private Limited") ##### Subscribe via Email Enter your email address to subscribe and receive notifications of new posts by email. Email Address Subscribe [](https://thailandbusinessnews.net/press-release/tracelink-mint-transaction-volume-in-2026-surpasses-full-year-2025-volume-by-183-as-customers-expand-digital-supply-chain-collaboration/) ## TraceLink MINT Transaction Volume in 2026 Surpasses Full-Year 2025 Volume by 183% as Customers Expand Digital Supply Chain Collaboration Rapid growth in transaction volume, live company adoption, and transaction types… [](https://thailandbusinessnews.net/press-release/vmake-labs-adds-master-model-and-new-scenes-for-cinematic-video-enhancement-up-to-8k/) ## Vmake Labs Adds Master Model and New Scenes for Cinematic Video Enhancement up to 8K Vmake Labs introduces Master model, Studio and Portrait Pro for cinema-grade video… [](https://thailandbusinessnews.net/press-release/strength-from-within-a-torras-conversation-with-tommy-caldwell/) ![Strength From Within: A TORRAS Conversation with Tommy Caldwell](https://i0.wp.com/mmx.prnasia.com/media/MS1973036/20260820061340EDT_image_1.jpg?resize=260%2C140&ssl=1 "Strength From Within: A TORRAS Conversation with Tommy Caldwell") ## Strength From Within: A TORRAS Conversation with Tommy Caldwell LOS ANGELES, Aug. 21, 2026 /PRNewswire/ — Climbing icon Tommy Caldwell recently… [](https://thailandbusinessnews.net/press-release/kismile-launches-the-aerolucen-glass-air-fryer-combining-faster-cooking-with-a-see-through-cooking-experience/) ![Kismile Launches the AeroLucen™ Glass Air Fryer, Combining Faster Cooking with a See-Through Cooking Experience](https://i0.wp.com/mmx.prnasia.com/media/MS1971276/20260817222254EDT_image_1.jpg?resize=260%2C140&ssl=1 "Kismile Launches the AeroLucen™ Glass Air Fryer, Combining Faster Cooking with a See-Through Cooking Experience") ## Kismile Launches the AeroLucen™ Glass Air Fryer, Combining Faster Cooking with a See-Through Cooking Experience SHENZHEN, China, Aug. 21, 2026 /PRNewswire/ — As consumers continue to seek…