Report: $3.4 Trillion to be Invested Globally in Renewable Energy by 2030
According to a new report, an estimated $3.4 trillion will be invested in renewable energy during the next decade, including $2.72 trillion in wind and solar.
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How Flex Avoided 22,000 Metric Tons of Scope 1 and 2 Emissions
Flex just reported avoiding more than 22,000 metric tons of carbon dioxide equivalent emissions last year through energy management programs. The company also added renewable energy, diverted waste, and screened new global suppliers using social and environmental criteria.
Whirlpool’s Scope 1 and 2 Science-Based Targets Receive Approval
Whirlpool Corporation announced that the Science Based Targets initiative (SBTi) has approved the company’s Scope 1 and 2 greenhouse gas emissions reduction targets. They are the first appliance manufacturer in North America to join the initiative.
Apple Devices to Have Net Zero Climate Impact by 2030
Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030.
Facing Export Ban, Australia Invests $132 Million in Recycling Capacity
The Australian government is investing around $132 million in a new fund to modernize the country’s waste and recycling capacity. An export ban on sending waste to other countries looms ahead.
Even with Covid-19, Green Buildings Materials Market Expected to Grow by $187 Billion
Amid the covid-19 crisis and the looming economic recession, the green building materials market worldwide is expected to grow by $187.4 billion to 2027.
Covid-19 Has Led to Reduced Coal-Based Electricity Generation
Due to liquidity constraints and lack of sales, coal mines and power plants are scaling down or halting their operations, which will significantly impact the sector's growth outlook, says GlobalData, a data and analytics company.
Report Says 2019 Set Record for Supply Side Wind Turbine Capacity
A new report says that 22,893 wind turbines were installed globally in 2019, produced from 33 suppliers and accounting for more than 63 GW of capacity, a new supply side record in terms of capacity for the industry.
Five New Amazon Projects Add 615 MW of Utility-Scale Solar
Amazon plans on adding five new utility-scale solar projects to power its global operations in China, Australia, and the United States. The company expects these projects to add 615 megawatts of renewable capacity, generating 1.2 million megawatt-hours annually.
Global Energy Storage to Rebound and Witness Strong Capacity Additions Despite Pandemic: Report
Despite the current covid-19 pandemic, the medium-term future for energy storage remains bright. That’s according to Frost & Sullivan's recent analysis.
CDP Reports a 24% Jump in Companies Asking their Suppliers for Environmental Transparency
Environmental non-profit CDP recently announced a 24% jump in the number of companies asking their suppliers to report environmental data this year.
China Moves to Make Limits on Solid Waste Imports Permanent
China’s top lawmaking body passed legislation signaling that the country intends to make limitations on importing solid waste from the United States, the United Kingdom, and other countries permanent.