Starwood and NRG Energy Develop Partnership
Monday May 20th, 2013 - 10:42AM TB
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STAMFORD, CT—Starwood Hotels & Resorts Worldwide, Inc. has entered into a new global alliance with NRG Energy, Inc. to expand the use of renewable energy systems at Starwood properties.
The alliance will begin with three properties, including the installation of a 1.3 megawatt solar array at the Westin St. John in the U.S. Virgin Islands where NRG will build, own and operate the project. According to the company, this array will provide clean, efficient power to the resort, helping to reduce local air emissions and the impact of shipping on the fragile Caribbean ecosystem by directly reducing demand for diesel fuel imports.
NRG will own the solar arrays while Starwood will be the enabling partner through a multi-year agreement to purchase electricity from the solar arrays installed at several locations. According to the company, this will reduce electricity costs, lock in predictable energy costs at an affordable level for years to come and reduce the company’s carbon footprint and local air emissions. In addition, the customized solar solutions designed by NRG in consultation with Starwood will integrate with the aesthetic of each location.
Tags: • Hospitality • Brands • Sustainability •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.