Renewable Energy Certificate Purchases Expected to Continue Rapid Growth
Renewable Energy Certificates are expected to grow at a quick pace over the next year, according to an online energy procurement company.
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The Giant Company Enters into Renewable Supply Agreement for Pennsylvania Operations
The Giant Company enters PPA with Constellation to power its Pennsylvania operations, including select stores, fuel stations and perishable distribution centers, with renewable energy.
Increased PPA and REC Costs, Supply Chain Could Slow Renewable Energy Momentum
Renewable energy is highly sought out and PPAs are at record highs, but costs and outside factors could slow the trend.
Stonyfield Organic to Use RECs, Solar to Reach 100% Renewable Energy Three Years Early at NH Plant
Because electricity comes from many sources, it is often impossible to know the exact origins of your electricity; electrons become indistinguishable once they are transmitted to the grid. Renewable energy credits help businesses support renewable energy by...
L’Oréal USA Achieves Carbon Neutrality Across All US Sites: Here’s How They Did It
L'Oréal USA—the largest subsidiary of the L'Oréal Groupe, has reached carbon neutrality for scopes 1 and 2 emissions for all 25 US sites, across 12 states, including its manufacturing and distribution facilities, administrative sites, and research and innovation sites.
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.
University at Albany’s New 1.8 Megawatt Solar System Supports ‘Energy Master Plan’
The University at Albany in New York has begun construction on a solar project that will supply about 60% of the electricity used by its new $180 million ETEC building, expected to open this summer. The university will purchase all the electricity and renewable energy credits (RECs) produced through the 1.8 megawatt system.
Wells Fargo to Offset 50% of Its Energy Usage in North Carolina via Solar
Wells Fargo says it will purchase more than 58 megawatts of solar capacity from a planned solar project in North Carolina. When the Blackburn Solar project comes online, the power generated is expected to offset about 50% of the bank’s energy usage in the state.
Kellogg VPPA for Wind Plus Storage to Create One of the Largest Battery Storage Facilities in the World
The Kellogg Company has signed a long-term wind energy virtual power purchase agreement (VPPA) in North America with Enel Green Power. The agreement will give Kellogg about 360 gigawatt hours of wind electricity per year, equal to 50% of electricity used across the company’s North American manufacturing facilities.
Visa Agreement with MP2 Energy Adds Renewable Energy Capacity to the Virginia Grid
Visa will power its data center in Virginia with 100% renewable energy via a five-year agreement with MP2 Energy; the data center is the company’s largest and accounts for more than a third of its global electricity use. New solar generation facilities from MP2 Energy will supply electricity to Visa.
Renewable Energy Credit Pricing to Fall in New England with Push from Offshore Wind
While renewable energy credit (REC) pricing is currently strong across several New England states, developer interest in the region has grown, as have commitments to offshore wind in multiple states.
Philadelphia Flyers to Practice in Facility Powered by Renewables
National Hockey League team the Philadelphia Flyers will now practice in a facility powered by 100% renewable energy. Parent company Comcast Spectacor has completed the installation of a 1.06 megawatt onsite solar system at the Flyers Skate Zone in New Jersey. The facility will achieve 100% renewable electricity supply for the facility starting in 2021, the company says.