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Distributed Generation  -  February 12, 2021

U.S. renewables generation mix to double by 2050

The U.S. Energy Information Administration (EIA) announced on Feb. 8 that it expects the share of renewables in the U.S. electricity generation mix to increase from 21% in 2020 to 42% in 2050.
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Wind  -  February 9, 2021

Hydro-Quebec purchases 200 MW of wind power

Canadian public utility Hydro-Quebec announced on Feb. 4 that it signed a PPA to purchase power from the 200-MW Apuiat wind project.
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Wind  -  February 8, 2021

Amazon to power European operations with Netherlands wind energy

Amazon will purchase half of the energy produced by a large Netherlands offshore wind farm to power its operations in Europe. The project will bring the company closer to its goal of being net-zero carbon by 2040 and allow it to run off 100% renewable energy by 2025, five years earlier than it previously planned.
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Wind  -  February 5, 2021

Empire State Realty Trust uses 100% wind power

Empire State Realty Trust (ESRT), a real estate company focusing on retail properties in Manhattan, announced on Feb. 3 that, after its latest contract, it now has enough wind energy to power its entire 10.1 million-square-foot commercial portfolio.
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Wind  -  February 3, 2021

Facebook, McDonald's power-supplying wind farm acquired by Ares Management

Ares Management Corporation announced Feb. 2 that it has acquired a 302 MW wind project in Illinois that will provide clean energy to McDonald's and Facebook.
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Sourcing Renewables  -  February 2, 2021

Vaisala achieves target to use 100% renewable electricity

Vaisala, a weather, environmental and industrial measurements company, announced on Feb. 2 that it achieved its target to use 100% renewable electricity by the end of 2020.
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Sourcing Renewables  -  January 29, 2021

Verizon signs 13 renewable energy agreements

Verizon announced on Jan. 28 that it has entered into a total of 13 long-term renewable energy purchase agreements (REPAs) totaling nearly 1.7 GW of renewable energy capacity since December 2019. This has made it of the largest corporate buyers of U.S. renewable energy.
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Sourcing Renewables  -  January 27, 2021

Despite 2020 challenges, corporate clean energy buying grew 18%

BNEF announced on Jan. 26 that its research shows that corporations purchased a record 23.7 GW of clean energy in 2020, up from 20.1 GW in 2019 and 13.6GW in 2018. The increase came despite the COVID-19 pandemic, a global recession and uncertain federal policy.
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Sourcing Renewables  -  January 21, 2021

Honda obtains 120 MW of wind through VPPA

Following a VPPA last September, Honda will receive 120 MW of renewable power from the recently completed Boiling Springs Wind Farm. Project owner RWE Renewables announced on Jan. 20 that the offtake is one of the largest-ever renewable energy purchases.
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Finance  -  January 19, 2021

Energy transition investment reached $500 billion in 2020

On Jan. 19 BloombergNEF (BNEF) announced a new broad measure of energy transition investment showing global record-breaking 2020 commitments to decarbonization totaling $501.3 billion. This beats the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic.
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