Commercial | Page 84

The New York State legislature approved June 20 the most aggressive clean energy bill in the country to date, including a goal to source all electricity from emission-free sources by 2040 and an 85% reduction in economy-wide emissions by 2050.

Target Corporation has committed to source 100% of its electricity from renewable sources by 2030. The goal applies to all of the retailer’s stores, distribution centers, and offices

Six Flags Great Adventure announced the completion of a 23.5-megawatt solar project, allowing the theme park to be almost fully powered by solar energy and ranking as New Jersey's largest net metered solar project.

Walmart has reached an agreement to subscribe to 36 of US Solar's community solar gardens located throughout the state of Minnesota. The deal will provide energy to Walmart locations in 13 separate counties. The first gardens have completed construction; the remainder are expected to be online by the first half of 2020.

Bank of America announced the expansion of its environmental operations efforts to include the installation of solar panels across multiple locations through its Onsite Solar Initiative. These actions will move the bank closer to meeting its targets of carbon neutrality and purchasing 100% renewable electricity by the end of 2020, as well as its goals to reduce location-based GHG emissions by 50% and energy use by 40% in the same timeframe. 

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.