Tag: corporate
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Target and its major suppliers sign PPAs for two solar projects in Texas
In 2019, Target said it planned to source 100% of its electricity from renewable sources by 2030. This week, the retail giant shared the next steps: three new renewable energy projects that will address nearly a quarter of its electricity use, two of which are solar. Along with its existingRead More — Solar Builder magazine
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LevelTen’s Re-Store Energy Agreement gives corporations easier access to energy storage projects
LevelTen Energy introduced a new type of financial contract to give corporations and Load-Serving Entities easier access to the economic and risk-reducing benefits of energy storage projects. Called the RE-Store Energy Agreement and developed in collaboration with EnergyGPS, it opens the door to billions of dollars of investment in large-scaleRead More — Solar Builder magazine
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ENGIE announces slew of solar energy contracts with Amazon as offtaker
ENGIE announced several energy offtake contracts with Amazon for a global renewable energy portfolio of wind and solar projects across the United States, Italy and France totaling 650 megawatts. These Corporate Power Purchase Agreements will exclusively rely upon renewable energy production facilities developed by ENGIE. For ENGIE, this operation isRead More — Solar Builder magazine
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GlobalData: Corporate buyers are driving 100+ MW solar plant segment
Corporate buyers are increasingly interested in solar energy, and analytics firm GlobalData says this will be a key driver of projects adding more than 100 MW of capacity, more so than state-level renewable portfolio standards (RPS). GlobalData’s analysis suggests that, in terms of projects where individual plant capacities exceeded 100 MW,Read More — Solar Builder magazine
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Luxury brand CHANEL commits $35 million to low-income solar projects with Sunrun
In innovative renewable investment news, CHANEL (yes, that CHANEL) just committed $35 million toward solar energy projects for low-income multifamily households with Sunrun Inc. — a partnership will expand access to solar for nearly 30,000 low-income residents (30 MW) across California, offering families on average up to $40 to $50 aRead More — Solar Builder magazine