PRAXAIR GREEN TECHNOLOGIES: ENERGY EFFICIENCY & RENEWABLE ENERGY
Investing in efficiency
At Praxair, we believe it’s important to invest our time and energy in improving our sustainable development, not just maintaining it. So, we conducted a study to compare the ROI of our investments in improving the energy use of our existing plants against a range of alternatives for sourcing renewable energy. We found that our energy efficiency program ROI is 12 times that of typical solar projects and more than twice that of wind alternatives — ensuring that energy efficiency is the best investment we can make right now to reduce our global energy footprint and natural resource consumption.
It is our goal to continue to provide environmental and energy savings to our customers and our planet. That’s why we build technologies that improve the energy efficiency of industrial processes from metal production to refining. We are a major industrial gas supplier to the polysilicon market, serving more than 50 photovoltaic manufacturing facilities worldwide. And our industrial gases are crucial in the production of second-generation biofuels.