Business A.M
No Result
View All Result
Tuesday, March 31, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Energy

Samsung to go 100% clean by 2020 as it changes energy sources to renewables

by Admin
June 14, 2018
in Energy, Energy

Samsung Electronics said on Thursday that its energy sources would be 100 percent clean by 2020 as it plans on fulfilling its energy needs from renewable sources.

According to a statement released by the tech giant, its factories, office buildings and operational facilities in Europe, China and U.S. would be powered by renewable energy come 2020.

The corporation said it is set to install around 42,000 meters squared of solar panels at its headquarters in Suwon, South Korea, and will also add solar arrays and geothermal power generation facilities at its campuses in Pyeongtaek and Hwaseong.

Apart from installations, it said it would be working with its top 100 partner companies to assist them in setting their own renewable energy targets.

“Samsung Electronics is fulfilling its duty as a corporate citizen by expanding and supporting the use of renewable energy,” Won Kyong Kim, Samsung Electronics’ executive vice president and head of global public affairs, said.
“As demonstrated by our expanded commitment, we are focused on protecting our planet and are doing our part as a global environmental steward.”

Samsung Electronics’ move was also welcomed by environmental organizations. “Samsung’s announcement is a major step forward for the movement to build a renewably powered future,” Jennifer Morgan, Greenpeace International’s executive director, said in a statement.

Samsung has joined the league of large tech companies looking to embrace renewable energy. Earlier this year, Apple said its global facilities were now powered by 100 percent clean energy in what CEO Tim Cook called a significant milestone for the tech giant.

Last October, Amazon announced that its biggest wind farm to date was operational. The business said that Amazon Wind Farm Texas would add over 1 million megawatt hours of clean energy to the grid annually.

“If the company follows through with meaningful actions, it will join the ranks of innovative business leaders recognizing the sense of urgency around climate change and showing a different future is still possible,” Morgan added.

Admin
Admin
Previous Post

China steel output hits of 81m tonnes amid govt limitation

Next Post

Lagarde, IMF boss lauds Bank of Central African States on monetary policy reforms

Next Post

Lagarde, IMF boss lauds Bank of Central African States on monetary policy reforms

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Crash-test scores vs. real life: The surprising truth about family cars

Crash-test scores vs. real life: The surprising truth about family cars

March 31, 2026
Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

March 31, 2026
AFC propels Africa’s GDP by $50bn, creates 7m jobs through scalable infrastructure model

AFC Summit to unlock domestic capital for Africa’s industrial drive

March 31, 2026
The souls of our ancestors will now rest in peace!

The souls of our ancestors will now rest in peace!

March 31, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Crash-test scores vs. real life: The surprising truth about family cars

Crash-test scores vs. real life: The surprising truth about family cars

March 31, 2026
Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

March 31, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M