Walmart Secures $2 Billion Green Bond
Walmart has priced the company’s first green bond, a $2 billion offering intended to advance its goal of achieving total renewable energy.
Energy Management
The latest news on energy management best practices including the role of energy managers in procurement, energy efficiency and energy-use reporting in commercial and industrial operations to meet business energy requirements and environmental and economic objectives.
IBM Power E1080 Server Promotes Big Increase in Energy Efficiency
IBM has introduced the Power E1080 server, the first to be used on its Power10 processer, which the company says will use artificial intelligence and technology improvements to make hybrid cloud environments significantly more efficient.
Toyota to Invest Billions in Batteries by 2030
Toyota Motor Corporation announced it plans invest more than $13.6 billion in batteries and battery production by 2030, with a goal of reducing the costs of battery technology for electric vehicles (EV) by as much as 50% as well as to develop a supply system that…
Google Recruits Engie to Power 80% of German Operations with Renewables by 2022
On Tuesday, Google signed a 24/7 power supply agreement with Engie to bring online 140 megawatts of carbon-free energy to its operations in Germany. Engie, a French multinational energy company specializing in decarbonization, is tasked with making Google’s…
WEF Report Highlights Implementation, Standardization of AI in Energy Transitions
Artificial intelligence (AI) will play a key role in intertwining the power, transport, industry and building sectors while helping to decentralize the power industry as energy systems across the world move toward decarbonization, according to…
Dept. of Energy Awards $6 Million to Univ. Professor for the Development of Biofuels and Bioplastics from Food Waste
Stephanie Lansing, professor in the Department of Environmental Science and Technology at the University of Maryland (UMD), is leading two new grants totaling $6 million from the US Department of Energy to develop sustainable products like biofuels and bioplastics from food waste.
Google Invests in LevelTen Energy to Drive Clean Energy Future
As part of Google’s efforts to drive a transition to clean energy, the technology company is investing in LevelTen Energy; LevelTen has raised $35 million in Series C funding, led by NGP ETP and with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors.
Sunrun Launches PowerU Clean Energy Education Program
Solar panel and storage leader Sunrun has announced the launch of PowerU, a fully-funded employee education and training program for its workforce. The company currently has more than 4,800 employees. Sunrun joins the growing list of companies establishing company-wide sustainability education programs. Deloitte, for instance, announced earlier this month it ... Read more »
ABM to Boost Energy Management, Sustainability Business with Able Purchase
Facility solutions provider ABM will acquire Able Services for $830 million; the acquisition will bolster ABM’s sustainability and energy efficiency offerings amid growing demand for environmentally responsible solutions, the company says. Able provides facility services to over a billion square feet of real estate, which will strengthen ABM’s national presence.
Should Utility CEO Compensation Be Linked To Decarbonization Goals?
As part of its recently launched Utility Transformation Challenge initiative, the Smart Electric Power Alliance (SEPA) recommends utilities undergo a series of cultural and business model changes, such as linking executive compensation to carbon reduction goals, to support the transition to a carbon-free, clean energy future. Many utilities across the ... Read more »
Best Buy, PepsiCo Nab Energy and RECs from Texas Solar Project
PepsiCo, Best Buy, McCormick & Company, and two Viacom CBS TV stations have signed long-term agreements to receive energy and corresponding renewable energy certificates (RECs) from the Big Star Solar Project under development in Bastrop County, Texas.
BP to Use Renewable Natural Gas Processed from Poultry Litter
bp and CleanBay Renewables announced a 15-year agreement where bp will purchase renewable natural gas (RNG) processed from poultry litter—a mixture of manure, feathers and bedding—and sell it as fuel for the US transportation sector.