SKF Commits to 100% Renewable Energy in North America


Stockholm – SKF, a leading global supplier of bearings and power transmission products, has recently made significant strides towards its sustainability goals by entering into two renewable energy purchase agreements in North America. These agreements will enable SKF’s factories and facilities in the U.S. and Canada to be powered entirely by renewable electricity.

Investing in Green-E Certified Wind Energy

The first agreement focuses on investing in Green-e certified wind energy. Green-e is a renowned clean energy certification program known for its commitment to promoting and verifying renewable energy sources. This partnership will extend through 2025, contributing towards SKF’s long-term sustainability objectives.

Harnessing Solar Energy in Texas

In addition, SKF has secured a 12-year deal with Clearway Energy for a portion of the energy generated from a massive 452 megawatt solar farm currently being constructed in Texas, U.S. Starting in 2026, this agreement will enable SKF to effectively address 100% of its annual electricity consumption in its U.S. and Canada facilities with renewable electricity.

Accelerating Carbon Neutrality Goals

These renewable energy purchase agreements signify SKF’s commitment to decarbonizing its operations and reducing its environmental impact. By relying on 100% renewable electricity, SKF aims to make significant strides towards achieving its goal of net zero emissions throughout its entire value chain by 2050. This aligns with SKF’s broader vision to become a global leader in sustainable manufacturing and contribute to a cleaner, greener future.

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