II‐VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has signed a major 바카라 메이저 energy contract in China.

The II-VI site in Wuxi represents approximately 50% of the company’s footprint in China and about 20% of its global footprint by area. Over the next four years, this facility will become the largest II-VI site to be powered with 100% 바카라 메이저 electricity.

“This purchase agreement includes approximately 167 million kWh of 바카라 메이저 electricity over the next four years, thereby avoiding nearly 92,000 metric tons of CO2 emissions cumulatively over this period,” said Gary Lin, Senior Vice President, Operations, Photonic Solutions Segment. “This demonstrates our commitment to increase the sustainability in our energy supply across our global footprint.”

II-VI has set as a top priority to reduce its carbon footprint across its global operations. II-VI announced in October 2021 that it is powering all of its facilities in Europe with 100% 바카라 메이저 electricity sources. Globally, II-VI has entered into 바카라 메이저 electricity contracts for 25 sites, including 14 of them now covering 100% of their annual electricity usage with 바카라 메이저 sources.

Over 25% of II-VI’s global electricity needs are now supplied by 바카라 메이저 sources across the U.S., Europe, and China. The amount of 바카라 메이저 electricity powering II-VI’s operations is expected to grow annually and, in the future, include the company’s other major manufacturing sites in Asia