Commercial | Page 50

Beginning in 2022, The Home Depot will receive 100 megawatts of solar electricity annually from National Grid Renewables’ Noble Project in Texas. This PPA promises to lower the home improvement brands’ carbon footprint by an annual 450,000 metric tons. 

The IKEA retailer Ingka Group announced April 20 that it will increase its renewable energy investments by 4 billion euro in support of its goal to use 100% renewable energy across its value chain.

Iron Mountain announced April 15 that it signed two leases for a total of 6 MW with a U.S.-based Fortune 100 customers at its 100% renewable energy-powered data center in Phoenix, Ariz.

Amazon announced the purchase of solar and wind power from nine new utility-scale energy projects on April 19 in the U.S., Canada, Spain, Sweden, and the UK. This brings Amazon’s total to 206 renewable energy projects globally with a capacity of 8.5 GW of electricity production. The company is now the largest corporate purchaser of renewable energy in Europe with more than 2.5 GW.

Solar power now energizes seven Walmart stores in California after the completion of rooftop and parking lot carport solar installations bring 6.5 megawatts (MW) of electricity to locations in Burbank, Calexico, North Highlands, Perris, Placerville, Sacramento, and Wasco, California.

Wells Fargo announced a 20-year renewable energy purchase agreement for 100% of solar energy produced by the 58 MW Blackburn Solar project in Catawba County, North Carolina. The transaction is Wells Fargo’s single largest to date and will supply approximately 8% of the company’s annual global electricity.

Facebook announced the purchase of 5 MW of solar power from the largest floating solar in Singapore, located in the Straits of Johor.

Facebook and General Motors will participate in the Tennessee Valley Authority's Green Invest renewable energy program, allowing the TVA to build the Logan County solar farm, featuring the largest solar plus storage project in its Kentucky service area.

One year in on Goldman Sachs' plan to target $750 billion in financing, investing and advisory activity towards climate transition and inclusive growth, Chairman and CEO David M. Solomon provides an update on progress and new initiatives. Surpassing a fifth of the goal in a single year, he says, demonstrates that sustainable finance has already become a core offering from Goldman Sachs – and the demand among clients shows no signs of slowing down.