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Tag: Renewable Energy
The European Investment Bank (EIB) and Iberdrola have signed a new agreement to accelerate Italy’s energy transition by developing new renewable energy plants. The EU Bank has granted a €150 million green loan for...
The World Bank has signed an agreement with four West and Central African nations worth $311 million to fund renewable energy projects. The funds will finance around 106 megawatts (MW)...
The company’s renewable energy portfolio now totals more than 20 GW and will generate enough clean energy to power 5.3 million homes in the U.S. Amazon’s renewable energy purchases last...
BNP Paribas has already made a major pivot towards financing low-carbon energy production. Building on expertise developed by its Low-Carbon Transition Group, BNP Paribas is embarking on a new phase...
Iberdrola has signed an alliance with Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, to invest in 1,265 MW of new renewables capacity in Spain. Of the total...
Verizon signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 megawatts (MW) of renewable energy capacity. With these new agreements, Verizon has surpassed...
Mosaic Recently Contributed AI/ML Services to a Custom Application that Alerts on Carbon Emissions and Recommends Renewable Energy Portfolios. The company is also working with a leading risk management software...
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, today announces its non-financial rating from Sustainalytics (Morningstar group), one of the world’s leading ESG rating agencies. Voltalia’s management of ESG (Environment, Social, Governance) risks...
JBS, the largest food company in the world, took another important step towards its trajectory towards the Net Zero 2040 commitment. REC Standard / I-REC, which prove the generation of...
The European Investment Bank (EIB) and Iberdrola have signed a new agreement to accelerate Portugal’s energy transition via the development of new renewable energy plants. The EU bank will provide a €70 million...
Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project (RESPITE) approved for a total amount of...
The European Commission has approved, under EU State aid rules, the modification of a German scheme to support the production of electricity from renewable energy sources. The scheme reflects a...
Automaker Stellantis NV said on Monday it will power 70 of its facilities in Michigan entirely with solar energy by 2026 through a partnership with DTE Energy Co., the state’s largest...
The European Investment Bank and RLB NÖ-Wien will support investments in small and medium-sized renewable energy and energy efficiency projects in Austria. The EIB will make a framework loan of...
Germany has pledged 82 million euros ($86 million) to Ghana in grants to support renewable energy and financial sector development, Ghana’s finance ministry said in a statement late on Thursday....
AMEA Power, one of the fastest growing renewable energy companies in the Middle East, announced that it has achieved the financial close to deliver 1GW of renewable energy projects in...
EU energy ministers agreed on the content of a Council regulation laying down a temporary framework to accelerate the permit-granting process and the deployment of renewable energy projects. The regulation...
Italian utility Enel said on Thursday it would build a solar photovoltaic cell and panel manufacturing facility in the United States in an effort to support the creation of a North-American...
Vitol announces it has agreed to acquire 100% of the share capital of Vortex Energy from VH Invest for an undisclosed sum. Vortex Energy is a leading renewable energy company...
Key news highlights: Carbon neutral paint manufacturer PT Mowilex Indonesia (Mowilex) announced, as G20 members meet in Bali, that it’s completing a major investment capable of powering its corporate headquarters by...
Global Investment firm Carlyle announced the launch of Telis Energy, a newly created renewables platform to develop renewable energy projects, with a focus on solar, in the UK, France, Spain,...
At COP27 in Sharm El Sheikh, Vice-President Ambroise Fayolle of the European Investment Bank and CEO Patrick Dlamini of the Development Bank of Southern Africa formally agreed EIB financing in...
The Emerging Market Climate Action Fund has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects...
Bank of America and CrossBoundary Energy are exploring opportunities with development finance institutions to structure a blended finance loan facility that will support CrossBoundary’s efforts to scale commercial and industrial...
Borqs Technologies, Inc. (Nasdaq: BRQS), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced its subsidiary, Holu Hou Energy (HHE), has rolled...
The agreement for four SB Energy solar projects is Google’s largest combined clean energy transaction in Texas to date SB Energy Global, LLC announced that Google will purchase approximately seventy-five percent of the...
Based on current projections, GM has reached its goal of securing enough renewable energy to power all of its U.S. sites by 2025 As one of the earliest adopters of renewable energy among corporate...
TotalEnergies and Casa dos Ventos, Brazil’s leading renewable energy developer, announced the creation of a 34%/66% joint venture to jointly develop, build and operate the renewable portfolio of Casa Dos...
American Battery Technology Company, (ABTC) (OTCQB: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, was selected as a recipient...
Amy’s Kitchen, Great Lakes Cheese, Levi Strauss, J.M. Smucker and Valvoline will purchase 250,000 MWh annually of renewable power Walmart’s Project Gigaton goal aims to reduce or avoid one gigaton of greenhouse gas...
Amid COVID-19 recovery and global supply disruptions, countries are focusing on local supply chains Solar energy is fastest growing sector, accounting for more than a third of current global workforce...
First-of-its-kind payment option in the financial services industry Shows how investing in strong ESG frameworks can result in tangible benefits “The insurance industry has a central role to play in...
Amazon now has 202 renewable energy projects in North America, 117 in Europe, 57 in Asia and the Pacific, one in the Middle East, one in Africa, and its first project in South America The total renewable...
Fundamental Renewables, an established provider of financing for solar and other renewable energy projects, today announced that it has secured a $400 million credit facility. Delaware Life Insurance Company, a Group 1001...
Statkraft and Umicore have signed a long-term power purchase agreement (PPA) sourcing renewable power from onshore wind turbines in Finland. This agreement will cover part of the needs of Umicore’s site in Kokkola, where the Group produces precursor cathode active materials and refines cobalt used in rechargeable batteries for...
World’s largest coal exporter aims to increase proportion of renewables in its energy mix to 23% by 2025 No new coal plants can be built Those in the pipeline must...
The company has incorporated more than 2,000 new third-party plants into the electricity system, which will prevent the emission of 3.6 million tonnes of CO2 per year. The electric utility...
New initiatives will help advance renewable energy use, increase coding pathways, and support Indigenous communities To mark Apple’s 40 years in Australia, the company announced new initiatives that will help...
Ørsted has set a clear expectation towards all suppliers to use 100 % renewable electricity by 2025, becoming the first energy company in the world to do so. The commitment builds...
CVS Health has announced a 15-year agreement with Constellation to purchase clean, renewable energy equivalent to the energy use of 309 CVS Health locations in Illinois and Ohio. “Our agreement...
Nature’s Sunshine Products (Nasdaq: NATR), a leading natural health and wellness company of premium-quality herbal and nutritional products, today announced that its US manufacturing facility has converted to 100% solar energy...
Geothermal Facility Will Utilize Ormat’s Binary Technology to Further Reduce Greenhouse Gas Emissions and Decarbonize the California Power Grid Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal, energy storage, solar...
Today, a group of leading organizations from across Missouri announced they’re joining Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), to bring more clean energy to the state. These organizations are committing...
Twelve will also work with the companies toward a demonstration flight proving viability of commercial use of e-fuel, and to provide low carbon jet fuel for Microsoft’s business travel on Alaska...
During the second Sina Finance 2022 ESG Global Leaders’ Summit, Cao Renxian, Sungrow’s Chairman and Founder, delivered a keynote speech at “How Scientific Innovation Drives Net-Zero Carbon Transition”, with the...
Virtual power purchase agreement helps position Company to achieve global environmental stewardship goal of procuring the majority of electricity from renewable energy sources by 2025 Kraft Heinz today announced a...
Company Commits to Publish Sustainability Goals in 2022 PubMatic, an independent technology company delivering digital advertising’s supply chain of the future, announced that all of its global data centers are...
Two standalone energy storage projects were acquired from Black Mountain Energy Storage Recurrent Energy, LLC (“Recurrent”), a wholly owned subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ), today announced the acquisition of two...
Canadian Solar Inc. (NASDAQ: CSIQ), today announced it has secured 136 million Brazilian reais (approximately US$28 million) non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) to support construction and operation...
Adani New Industries Ltd to invest USD 50 Bn in green hydrogen This is India’s largest commitment to green hydrogen by a company Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered...
Saint-Gobain, through its building products subsidiary CertainTeed Canada Inc., announced plans to invest $91 Million CAD, including $40 Million CAD in grant money from the government of Quebec, via its...
Gurugram-based renewable energy company ACME Cleantech Solutions on Monday signed up with Karnataka proposing to invest about Rs 52,000 crore in a 1.2 million tonnes per annum (MTPA) green hydrogen...
Comerica Bank announced the expansion of its Environmental Services Department (ESD) with the introduction of a new group dedicated to growing and supporting Comerica’s renewable energy business. Matt Breight, Senior Vice President and ESD Group Manager,...
Utility Scale Solar & Wind North America 2022 Utility scale solar and wind is on an unstoppable trajectory. While scaling up is essential to our renewable goals it brings with...
Submission of a Draft License Application for the White Pine Pumped Storage Project Submitted to State and Federal Agencies rPlus Hydro LLLP announced the submission of a Draft License Application...
SBS provides miners and investors with verifiable ‘Proof of Sustainable Mining’ certificates CleanSpark, Inc., a sustainable bitcoin mining and energy technology company, and Sustainable Bitcoin Standard, an organization that incentivizes clean...
More than 200 suppliers committed to using only clean power; will help bring on nearly 16 gigawatts Apple® announced that its suppliers more than doubled their use of clean power...
Germany’s economy and climate ministry presented a package of measures on Wednesday to speed up the expansion of renewable energy, as the need to reduce the country’s heavy reliance on...
Comcast announced an agreement to purchase 250 megawatts (MW) of solar electricity from Constellation that will power approximately 12 percent of its U.S. operations and the vast majority of its...
Sol-REIT, LLC announces an exclusive partnership to finance over 100 megawatts (MW) of community solar development projects, focused within the Northeastern United States, to bring solar to disadvantaged and underserved...
Target Corporation recently announced its most sustainable store to date, as the site will generate more renewable energy than it needs annually to operate and will test multiple innovations to...
Approximately 90% of power delivered to QTS’ current aggregate data center footprint will be supported by renewable energy sources QTS Realty Trust, a leading provider of hybrid colocation and mega...
STACK Infrastructure (“STACK”), the digital infrastructure partner to the world’s most innovative companies, recently announced, effective December 31, 2021, it now operates its Americas portfolio on 100% renewable energy. Striving to...
Alamo Group Inc. announced recently a 2030 target to reduce its greenhouse gas emissions by 50% as compared to its 2019 base year. This target covers Scope 1 & 2...
Mawson Infrastructure Group Inc., a digital infrastructure provider, is pleased to announce the expansion of its Sandersville, Georgia, USA Bitcoin Mining facility to 230 Megawatts (MW). Following on from successful...
OPAL Fuels LLC, a vertically integrated producer and distributor of renewable natural gas (RNG), today announced it has commenced commercial operation of a new facility to extract and capture waste...
Nomura formed a new investment banking group to bolster its ESG, sustainable technology and infrastructure efforts. The group, Global Greentech Industrials and Infrastructure, is being formed by combining the Nomura...
AIG is committed to using science-based emissions reduction targets, aligning with the latest climate science to meet the goals of the Paris Agreement American International Group, Inc. recently announced a...
Allogene Therapeutics, Inc., a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) products for cancer, today published its first ESG report. The report details the Company’s commitment...
Ocean Winds, ENGIE’s 50/50 joint venture with EDPR dedicated to offshore wind, has been awarded a 289 km2 lease area in the New York Bight offshore wind energy auction, for...
The chairman of the energy group has met with the governor of Massachusetts, Charlie Baker, to detail his commitment to offshore wind power Ignacio Galán also held a meeting with...
New Deals Support Company’s 2035 Net-Zero Goal, Brings Total Renewable Energy Portfolio to More Than 1.7 Gigawatts What’s the news? AT&T* has purchased 155 megawatts (MW) of solar power from Vitol**,...
The European Investment Bank (EIB) Group announced that its Board of Directors has approved €3.2 billion of new financing for a series of projects to support climate action, businesses managing...
In 2018, T-Mobile (NASDAQ: TMUS) was the first and only U.S. provider to create an ambitious plan to source 100% of its total electricity usage with renewable energy by the end of...
Telecom giant Verizon announced the release of its new Green Bond Impact Report, indicating that it has fully allocated the nearly $1 billion of funds raised in its most recent...
bp and Oman partner to progress world-class scale renewable energy and green hydrogen development in support of Oman’s 2040 Vision Integrated project expected to include onshore wind, solar and green...
Sustainability and Energy Transition: Increasing numbers of companies are pledging to cut their carbon emissions, and some have become major buyers of renewable power to help meet their commitments. The...
Ernesto Ciorra, Chief Innovability Officer of ENEL S.P.A. interview with Matt Bird at Humanity 2.0 (Vatican City)
Nicholas Haan VP of Impact & Faculty Chair of Global Grand Challenges at Singularity University interview with Matt Bird at Humanity 2.0
Bali Kutti, Director at Reinco Ventures with Matt Bird at World Economic Forum (DAVOS) HIGHLIGHTS Wind farming anticipated to grow 3x in popularity in the next 3 years 100 million assets Decrease in world...
(Spectrum News 1) – By the end of this decade, North Carolina will cut carbon emissions by 70% — at least that’s the mandate in the new clean energy bill...
However, the country’s ground-breaking energy initiatives now face a new challenge — a new governing party with more conservative views. (Earth Island Journal) – Until 2007, Uruguay was strapped for...
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