Smart Energy Decisions News

KLM Royal Dutch Airlines has committed itself for a 10-year period to the development and purchase of 75,000 metric tons of sustainable aviation fuel a year, which is expected to deliver a CO2 reduction of at least 85%, compared to fossil fuel.

Virginia regulators on May 30 denied Costco’s request to buy electricity generated by someone besides Dominion Energy, the state's largest electric monopoly.

Facebook will be the sole tax equity investor in the $416 million Prospero Solar project in Andrews County, Texas. While the company has been a leader in the procurement of clean energy, this represents their first direct investment in a renewable energy project.

General Motors and Bechtel are creating a separate company to build a network of electric vehicle fast-charging stations across the country.

Kimberly-Clark switched on one of Singapore’s largest solar energy installations at its manufacturing facility in Tuas, which produces Huggies diapers and Huggies baby wipes. The 7,730 photovoltaic panels mounted on its roof will generate 3.5-gigawatt hours of clean energy.

Starbucks has issued a $1 billion, 30-year Sustainability Bond that will fund its ethical coffee sourcing and Greener Retail Initiative, the company announced. The sustainability bond is the largest of its kind that the coffee giant has issued to date. 

Toyota announced May 23 plans to use blockchain for a prosumer electricity trading test to explore electricity trading among individuals and business who store excess power from solar panels in batteries and electrified vehicles.

It's the weekend! Kick back and catch up with these must-read stories from around the web:

Microsoft Corp. will purchase 90 MW of energy for its data centers from a 731.5 MW offshore wind project in the Netherlands starting in 2022 through an agreement signed May 23.