Corporate energy management news - Smart Energy Decisions

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Wind  -  April 3, 2020

DOE invests $20 million into offshore wind research

The U.S. Department of Energy announced April 1 that it will be investing $20 million in offshore wind energy resource characterization and technology demonstrations
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Commercial  -  April 3, 2020

GM, Honda team up on new EV models

General Motors and Honda are teaming up to develop two new all-electric vehicles featuring GM’s global EV platform and proprietary Ultium batteries and Honda’s exterior and interior.
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GHG Emissions  -  April 3, 2020

Coronavirus causes largest emissions drop since WWII, but they will bounce back

The Global Carbon Project estimates that global carbon emissions could fall by the largest amount since World War Two this year as a result of the coronavirus-induced economic crisis, but if the world doesn’t take drastic action those emissions
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Finance  -  April 2, 2020

Spain and Sweden offer cheapest corporate RE in Europe, study finds

Sweden and Spain were found to have the cheapest average corporate PPA prices in Europe for wind and solar electricity in a new report released April 2 by BloombergNEF based on data from 25 players in the region’s clean energy market.
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Energy Efficiency  -  April 2, 2020

Los Angeles residential property to get $14.5M in C-PACE funding

A new multifamily residential property in the Koreatown neighborhood of Los Angeles will be receiving energy efficiency upgrades through $14.5 million in C-PACE funding between Counterpointe Sustainable Real Estate and the California Statewide Commun
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Sourcing Renewables  -  April 1, 2020

Clean hydrogen has potential to replace natural gas, report finds

A new report released March 30 by BloombergNEF finds that increasing the production of hydrogen from wind and solar power can be a powerful tool for reducing global greenhouse gas emissions by 2050.
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Energy Efficiency  -  April 1, 2020

Pfizer issues first-ever $1.25 billion green bond

Pfizer Inc. announced March 27 the competition of a $1.25 billion ten-year green bond, a first for the company and for a biopharmaceutical company.
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Sourcing Renewables  -  April 1, 2020

Savannah commits to 100% clean energy transition by 2035

The city council of Savannah, Ga., unanimously adopted a resolution March 26 to pursue a community-wide goal of 100% renewable electricity before 2035.
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GHG Emissions  -  March 31, 2020

Barclays targets net-zero in operations and lending recipients

Barclays announced March 30 a target to reach net-zero carbon emissions in both its own activities and the activities it finances by 2050 after facing pressure to do so from a group of investors.
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GHG Emissions  -  March 31, 2020

Ann Arbor launches $1 billion project for carbon neutrality by 2030

The city of Ann Arbor released an expansive $1 billion plan to achieve carbon neutrality by 2030, including an emphasis on expanding transit services and powering the city with 100% renewable energy.
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