Minnesota-based 3M Co., a major supplier of plastic, electronic, and office products including many familiar brands, is launching a new business unit focused on renewable power and the supplemental products needed to support installation of solar and wind-power technologies.

This operation will be dedicated to improving 3M’s position in the energy market. Currently, the company produces $200 million worth of solar panels and films used in various window and rooftop solar applications. 3M hopes to expand that share significantly via its new renewable energy business unit.

This renewable energies venture is not the only green business practice 3M has in the works. The 3M Environmental Policy outlines efforts the company will take to reduce its environmental impacts, including increasing energy efficiency, reducing air pollution, reducing waste streams, increasing sales of products used for green industries, and many others.

3M publishes a Sustainability Report detailing how the company is achieving its sustainability goals and meeting established targets.