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Enel Launches Stampede Solar-Plus-Storage Project Backed by Nestlé Investment“America needs more low-cost clean power, and Enel is delivering it,” said Stephen Pike, head of Enel North America’s renewable energy business, Enel Green Power North America. “The Stampede project will add more power generation to the grid at a time when demand is rising from electrification and data centers. Furthermore, its flexible battery storage system will help step in to stabilize the grid when conditions tighten. We’re grateful for our continued partnership with Nestlé, and we applaud them for their direct investment in bringing more renewable electricity online.”
The Stampede project features bifacial photovoltaic (PV) panels that began generating power in June 2024. These panels are paired with an 86 MWdc battery energy storage system, which is currently undergoing final commissioning. Over its lifetime, the project is expected to contribute more than $70 million in combined tax revenue and payments to local landowners.
Kate Short, Chief Procurement Officer for Nestlé North America, highlighted the company’s commitment to sustainability, stating, “At Nestlé, we are seizing opportunities across our business to help create a more sustainable future and achieve net zero emissions. This includes working hard to transform our operations and power our product manufacturing with more renewable electricity. Our investment in Stampede brings us within striking distance of meeting our ambition to source 100% renewable electricity at all our manufacturing sites by 2025. Building on our previous solar investments, Stampede helps further reduce carbon emissions in our operations and expands the availability of renewable energy—the project adds enough solar electricity to the U.S. grid to power the equivalent of approximately 49,000 households each year.”
Nestlé’s renewable energy purchase agreement with the Stampede project is estimated to provide over 522,000 megawatt hours per year for the next 15 years. This renewable electricity will help Nestlé reduce carbon emissions across its U.S. manufacturing sites, which produce well-known brands like DiGiorno®, Stouffer’s®, Coffee mate®, Purina® Pro Plan®, and Tidy Cats®. The expected annual reduction in carbon emissions is approximately 279,000 metric tons of CO2, equivalent to removing around 66,000 cars from the road each year. As part of its Net Zero Roadmap, Nestlé aims to source 100% renewable electricity across its global manufacturing sites by 2025. |
