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HSBC Launches ‘Green Deposits’ to Help Support Decarbonization

HSBC today announced the introduction of Green Deposits in the United States, giving businesses an option to put cash reserves to work to support decarbonization.

Whirlpool Will Operate with Net Zero Emissions in Plants and Operations by 2030: Here’s How

Whirlpool Corporation announced today a global commitment to reach a net zero emissions target in its plants and operations by 2030.

Power Transformers to Reinforce the Advancement of T&D Networks

The production of power transformer equipment has gathered robust pace in recent years. Incessant demand for reliable power supply is a known factor worldwide, driving consistent investments in upgrading grid infrastructure. The gross electricity consumption across the globe is set to register an annual rise of nearly 2%, and renewable energy generation can be expected to form a notable part

Green Data Center Market Expected to Reach $143 Billion by 2026

The Global Green Data Center Market size is expected to reach $142.8 billion by 2026, rising at a market growth of 19.7% compound annual growth rate (CAGR) during the forecasted period.

How LATAM Airlines Will Achieve Carbon Neutrality by 2050

LATAM Airlines has announced it will achieve carbon neutrality by 2050 and zero waste to landfill by 2027. Here’s how the transportation corporation is doing just that.
 

FEATURES AND NEWS

HSBC Launches ‘Green Deposits’ to Help Support Decarbonization

HSBC today announced the introduction of Green Deposits in the United States, giving businesses an option to put cash reserves to work to support decarbonization.

Whirlpool Will Operate with Net Zero Emissions in Plants and Operations by 2030: Here’s How

Whirlpool Corporation announced today a global commitment to reach a net zero emissions target in its plants and operations by 2030.

Power Transformers to Reinforce the Advancement of T&D Networks

The production of power transformer equipment has gathered robust pace in recent years. Incessant demand for reliable power supply is a known factor worldwide, driving consistent investments in upgrading grid infrastructure. The gross electricity consumption across the globe is set to register an annual rise of nearly 2%, and renewable energy generation can be expected to form a notable part

Green Data Center Market Expected to Reach $143 Billion by 2026

The Global Green Data Center Market size is expected to reach $142.8 billion by 2026, rising at a market growth of 19.7% compound annual growth rate (CAGR) during the forecasted period.

How LATAM Airlines Will Achieve Carbon Neutrality by 2050

LATAM Airlines has announced it will achieve carbon neutrality by 2050 and zero waste to landfill by 2027. Here’s how the transportation corporation is doing just that.

Sponsored

California’s Grid Reliability Enhanced with 2 Battery Energy Storage Projects

Two new battery energy storage projects will enhance California’s grid reliability with additional flexible resource capacity for integrating intermittent renewable energy into the grid.

Google to Use Carbon-Free Energy for Virginia Data Centers

Google's Virginia-based data centers will use 24/7 carbon-free energy under a 10-year supply contract the AES Corporation.

Burger King Launches Sustainable Packaging Pilot Program

Burger King has launched a green packaging pilot program focused on finding scalable solutions for forks, spoons, knives, straws, drink lids, Frypods, Whopper wrappers, and napkins.

University Researchers Working to Turn Toxic Sewage Sludge into Renewable Energy

A team of researchers at Worcester Polytechnic Institute (WPI) received a nearly $2 million grant from the US Department of Energy (DOE) to create renewable fuel from sewage sludge.

Record-Setting 81% of DuPont Shareholders Approve Plastics Pollution Proposal

The 81% support for the resolution is “the highest vote ever for a shareholder resolution on an environmental issue that was opposed by management,” according to  Heidi Welsh, executive director of the Sustainable Investments Institute, which tracks shareholder votes. 

Sponsored

BMW and Ford Invest $130 Million to Secure Solid-State Batteries for Future Electric Vehicles

A recent $130 million Series B investment round for solid-state batteries was led by the BMW Group, Ford Motor Company, and Volta Energy Technologies.

Wisconsin’s Largest Renewable Energy Project in the Works

We Energies and Wisconsin Public Service are proposing to purchase the Koshkonong Solar Energy Center, a planned 465-megawatt (MW) solar and battery storage project in south-central Wisconsin.

Salesforce Suppliers Must Maintain Sustainability Scorecard or Pay ‘Climate Remediation Fee’

Salesforce is integrating sustainability into its supply chain by asking suppliers to agree to certain principles laid out in its new Sustainability Exhibit. The company recommends that suppliers collaborate with their corporate sustainability teams to review the guidelines in the Sustainability Exhibit, as they will become part of its procurement contracts moving forward.

DOE Earmarks $12 Million for Geothermal Technologies

The US Department of Energy today announced up to $12 million for technologies that can make geothermal systems more efficient for clean, renewable energy production.

Cority Snags ESG Software Provider WeSustain

EHS software provider Cority has acquired WeSustain, a specialist in developing software solutions designed to support responsible business management in the ESG, sustainability, compliance, and impact management space, the companies announced.

Whirlpool Enters the Sustainability Bond Game

Whirlpool Corporation recently announced the completion of its $300 million 10-year inaugural Sustainability Bond with an interest coupon of 2.4% per annum.

Ford Speeds Development and Manufacture of Lithium Ion Batteries with $185M ‘Learning Lab’

Ford is building a new global battery center in southeast Michigan to help the company more quickly develop and manufacture battery cells and batteries. The new Ford Ion Park, a $185 million “collaborative learning lab,” will develop and manufacture lithium ion and solid-state vehicle batteries. Ford says the new center will “drive high-volume battery cell delivery, better range and...

Achieving Water Efficiency Will Require Collaboration from the Entire Building Industry

Water is one of the most essential resources needed for human survival. Today’s nearly 7.7 billion global inhabitants are putting more stress on our already limited supply of freshwater resources. Luckily, our building industry is aware of the long-lasting benefits it can bring to achieving the goal of water efficiency in both regional and global environments.

PA School District Saves $7.8 Million with Energy Savings Performance Contract

McKeesport Area School District in western Pennsylvania is working with ABM, via an energy performance contracting program, to update HVAC systems and make other improvements by saving the district $7.8 million in energy and operating costs.

Advanced Microgrid on Connecticut Campus Ensures Resilience, Energy Savings

A religious organization in New Britain, Connecticut, will install an advanced microgrid which will serve four facilities on campus; the microgrid will ensure more reliable and efficient power and improve resilience for the facilities by enabling uninterrupted electric services to the buildings during emergencies.

Firm Launches First Impact Investing-Focused Fund on the NYSE

Nuveen, the global investment manager of TIAA, has successfully completed the initial public offering of the Nuveen Core Plus Impact Fund.

Study: Expanding Renewable Energy in Illinois to 40% by 2031 Will Save Consumers and Businesses $1.21 Billion

A study performed by the Power Bureau, led by former Illinois Power Agency Director Mark Pruitt, finds that fully funding the expansion of Illinois’ renewable energy program will result in lower electric bills for Illinois ratepayers.

Goldman Sachs Helps Bring 216 MWdc of Utility-Scale Solar to NY

Goldman Sachs Renewable Power Group (GSRP) and the New York State Energy Research and Development Authority (NYSERDA), successfully developed and initiated construction on 216 megawatts-dc (MWdc) of new, utility-scale solar projects across New York.

Stony Brook University Using $5 Million in Funding to Accelerate Wind Energy Technology

Joint venture partners Ørsted and Eversource have announced the launch of a research partnership with Stony Brook University.

US Announces Support for Islands-Led Global Initiative for Climate Solutions

US Special Presidential Envoy for Climate John Kerry announced the United States' support for the Local2030 Islands Network during a virtual event in support of the Leaders Summit on Climate Change.

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