Once Treasury Americas completes expansion of its on-site solar electricity generation, it expects to be the No. 1 on-site electricity generation in teh U.S. wine industry. Over 60% of Treasury Americas' electricity will be generated by on-site solar upon completion of the project, setting a record for a U.S. wine company of its size and scale, the company said.
Every Treasury Americas winery will receive over half of its electricity needs from on-site solar generation. The project will involve the installation of approximately 13,000 solar panels across Treasury Americas' properties, and when complete, the company's total on-site solar generation will be approximately 14.3 million kWh annually. The project is pivotal in the company fulfilling its goals to transition to 100% renewable electricity by 2024 and net-zero carbon emissions by 2030.
As part of this new investment, solar panels will be installed across iconic properties including Beaulieu Vineyard, Beringer Vineyards, Etude Winery, and Frank Family Vineyards in Napa Valley, as well as TWE's properties in Paso Robles and the Central Coast. Sterling Vineyards—closed since 2020 due to damage from the devastating Glass Fire—is expected to reopen in the fall of 2023 fully powered by solar electricity.
"We have a responsibility to be stewards of the environment and to mitigate the impact of the climate crisis on our wines and communities. The rapid transition to 100% renewable electricity will eliminate the majority of our production emissions in only a few short years," says Will Drayton, Director of Sustainability and Science for Treasury Americas. "Furthermore, additionality is key. By maximizing our on-site solar generation, we are greening the California grid and opening the door to future developments such as on-site storage."