Corporations worldwide accounted for 5.4 gigawatts worth of long-term power purchase agreements signed with renewable energy projects in 2017, up from 4.3 GW in 2016, according to Bloomberg New Energy Finance. Of that total, 2.8 GW were signed in the US, up 19% year-over-year.
Coca-Cola has teamed up with the World Wildlife Fund, Ocean Conservancy, Trash Free Seas Alliance and other plastics recycling initiatives to recycle the equivalent of 100% of its plastic packaging by 2030. The World Wildlife Fund's Cascading Materials Vision, whose members include the American Chemistry Council, promotes reusing materials instead of sourcing virgin stock.
The Public Service Co. of New Mexico asked the New Mexico Public Regulation Commission to approve two new long-term power purchase agreements with wind farms that would ultimately power Facebook's Los Lunas data center. Avangrid Renewables and NextEra Energy would build and operate the projects, selling the power to PNM for Facebook's use.
The Colorado Public Utilities Commission should approve Xcel Energy's Colorado Energy Plan because it would accelerate the adoption for wind and solar, along with the job creation, environmental and economic benefits they bring, write Trae Miller, Maggie Metzler and Trisha Herman, economic development directors, respectively, for Colorado's Logan, Yuma and Phillips counties. "We are truly blessed with these resources and we should seize on the opportunity to produce more electricity from the sun and wind so we can make our communities stronger," they write.
DTE Energy is considering building its next wind farm in Branch County, Mich., moving away from the Thumb region it's previously invested in, according to the company. Manager of Wind Development Matt Wagner said 120 landowners in Branch County have signed lease agreements, and that innovations in turbine technology are making areas with slower wind speeds increasingly attractive.
A University of Maine-led consortium is considering 11 potential routes for the transmission cable that would connect its Maine Aqua Ventus floating offshore wind pilot project to the mainland, said the university's vice president for innovation and economic development, Jake Ward. "We continue to work with fishermen, communities and regulators to find an optimum cable route," he said, adding that the team has nixed a route running into the village of Port Clyde.
The Buckeye Institute supports a free choice energy system for Ohio in which residents can choose wind, solar and other energy sources, allowing for market competition and a reduced regulatory environment, writes Research Fellow Greg Lawson. "Ohio should open its doors to clean energy by encouraging choice and competition, rolling back restrictive regulations, and eliminating subsidies to any energy company," he writes.
Tri Global Energy developed five wind farms in Texas with a collective installed capacity of more than 1 gigawatt in 2017, setting a new record for the nine-year-old firm, according to the company. "Wind energy has quickly become a formidable competitor as transmission capacity and markets reform to accommodate greater usage," said Chairman and CEO John Billingsley.
New York Assemblywoman Addie Jenne introduced a bill on Friday that would prevent wind farms located within 10 miles of certain airfields from qualifying for state support mechanisms. At least two projects proposed for the area -- Apex Clean Energy's Galloo Island Wind farm and Avangrid Renewables' North Ridge project -- fall outside the boundary area outlined in the bill.
Sportswear maker Levi Strauss & Co. enjoys a "long history of driving profits through principle," according to Chief Financial Officer Harmit Singh. In this video, Singh discusses his company's environmental initiatives and how those practices benefit Levi's bottom line.
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