Industrial | Page 93

It's no longer just the C&I sector of the economy that has ramped up its commitment to reducing greenhouse gas emissions: According to a new report from Bloomberg New Energy Finance, the oil majors have also hopped on board.

Aside from the devastating impact of Hurricane Harvey, the storm has also had an impact on the energy market. This column, presented by Constellation, explains why energy buyers should be thoughtful about their strategy and how to best protect their business from weather-related market volatility.

Ten giant global corporations including HP Inc., IKEA Group and Unilever on Sept. 10 became the first to join a new campaign designed to accelerate the adoption of electric vehicles and infrastructure.

Daimler AG's trucks division announced Sept. 14 that it has invested in and formed a strategic partnership with battery company StoreDot Ltd. to work on a more holistic approach to fast vehicle charging.

Global chemicals company AkzoNobel said Sept. 12 that is has opened "the world's most advanced and sustainable paint plant," which incorporates renewable energy and energy efficiency elements into its design.

Coca-Cola continues to make progress toward its "grow the business, not the carbon," emissions reduction goals, but it is off track due in part to volume growth outpacing emission ratio improvements.

Energy savings measures recently taken at a BASF Corp. facility in Michigan have played a role in the creation of about 100 new jobs a year, according to a recent Crain's Detroit Business article outlining the efficiency efforts underway at corporations across the state. 

The second quarter of 2017 marked a record in the energy storage space, bolstered by a spike, led by deployments in California and New York, in the nonresidential market, which includes commercial and industrial installations.

Virginia-based Mars Inc. on Sept. 5 made a bold corporate sustainability commitment, pledging to invest $1 billion over the next few years on its initiatives, including efforts to meet its greenhouse gas reduction targets through energy efficiency and using 100% renewable energy.

The U.S. DOE recently announced $13.4 million in support of five new cost-shared, community-based projects focused on energy efficient mobility systems including connected and autonomous vehicles and alternative fuel vehicles.