Press release
SolarEdge Helps Power Luxury Fashion House TOD’S with Solar Expansion on Italian Headquarters and Manufacturing Facility
TOD’S rooftop solar installations at its headquarters and manufacturing facility in the Marche region resulted in carbon emission reduction of ~126 tCO₂,
About this update from Solaredge Technologies, Inc.
[{"type":"text","content":"\nTOD’S rooftop solar installations at its headquarters and manufacturing facility in the Marche region resulted in carbon emission reduction of ~126 tCO₂, from April to December 2023\n\n\n MILPITAS, Calif. & SANT’ELPIDIO A MARE, Italy--(BUSINESS WIRE)--\nSolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today that Italian luxury fashion house TOD’S has expanded its deployment of solar energy with SolarEdge rooftop installations on its headquarters and its manufacturing facility in the Marche region, Italy, totaling 740 kWp.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731657418/en/The rooftop solar installations at TOD’S headquarters and manufacturing facility are powering approximately 78% of daily energy use, resulting in carbon emission reductions of ~126 tCO₂ (Photo: Business Wire)\nBy leveraging solar energy for self-consumption, the rooftop solar installations at TOD’S headquarters and manufacturing facility are powering approximately 78% of daily energy use, resulting in carbon emission reductions of ~126 tCO₂ (calculated with the “location-based method”) from April to December 2023.\n\n\nThese installations represent part of the renowned Italian luxury house’s mission for corporate sustainability, building on the success of TOD’S first SolarEdge rooftop solar installation back in 2017 on a production facility in Arquata del Tronto, which was used to aid economic recovery following a powerful earthquake in the region. The company also recently installed a new solar installation at its Montecosaro site producing a further 106 kWp of solar energy.\n\n\nSimona Cattaneo, General Manager at TOD’S Group, said: “TOD’S expansion of rooftop solar underlines our commitment to corporate sustainability and is part of our decarbonization journey to reduce our carbon footprint and promote the clean energy transition. By producing and consuming renewable solar energy, we are reducing our dependency on fossil fuels and mitigating the business impact of fluctuating electricity prices, while making the best use of our buildings to produce the levels of energy we need.”\n\n\nItalian renewable energy installer SARI 2030 - EDILENERGIA was directed by TOD’S to generate as much energy as possible from the availab...