Items Tagged with "Wells Fargo"

White House gets behind Apple, Facebook-led push for corporate renewable adoption

In a June 2 announcement, the White House highlighted the efforts of a number of U.S. corporations that have emerged as leaders in the push for accelerated adoption of renewable energy sources. The Presidential nod to companies including Apple Inc., Facebook Inc. and Microsoft Corp. along with Read More...

Clean Edge adds 4 newcomers to list of 37 corporate clean energy leaders

Clean tech research and advisory firm Clean Edge on July 12 updated its list of corporate clean energy leaders to include four new companies: Advanced Micro Devices Inc., Hewlett-Packard Co., VF Corp. and Wells Fargo and Co. The list, Clean Edge said, is intended to recognizing corpor Read More...

Wells Fargo, Hewlett Packard, 6 more join RE100

The RE100 initiative, led by international nonprofit The Climate Group in partnership with CDP, on Sept. 20 announced that eight new businesses have made the pledge to power their operations with 100% renewable energy. Wells Fargo & Co., Hewlett Packard Enterprise Co. and VF Corp. - the own Read More...

Wells Fargo to hit 100% renewables this year

Wells Fargo & Co. announced Nov. 8 that it will meet its goal of powering 100% of its global operations with renewable energy by the end of 2017 through the purchase of more than 2 million MWh of vintage renewable energy certificates.The banking giant's goal to power all 90 million square feet o Read More...

Wells Fargo signs 10-year deal for Texas solar

Wells Fargo has signed a 10-year structured renewable energy agreement to receive approximately 62,000 MWh from a new solar facility in Texas.The agreement, made with NRG Energy on Oct. 17, will provide electricity to approximately 400 Wells Fargo properties. Developers of the Texas solar project ex Read More...

Wells Fargo launches sustainability fund

Wells Fargo Asset Management announced earlier this month the new Wells Fargo Municipal Sustainability Fund to invest in securities that are assessed to have a positive environmental impact at the bond or issuer level.The fund works with ESG professionals and is managed by WFAM’s Municipal Fix Read More...

Wells Fargo and Shell Energy team up on multi-project RE agreement

Wells Fargo announced June 24 a collection of renewable energy agreements with Shell Energy North America and MP2 Energy for a total of 150,000 MWh of annual electricity that will cover 100% of the energy use at 1,200 Wells Fargo locations.The deal will support the development of new utility-scale s Read More...

Apple, Wells Fargo and others to receive power from Arizona solar

Apple, Boeing, PepsiCo and Wells Fargo were among a list of 21 commercial, municipal and school district customers that have signed agreements to offtake a portion of a 100 MW solar farm in Arizona.Salt River Project completed agreements with these companies as part of the second phase of their Sust Read More...

Comcast Spectacor commits training facility to renewable energy

Comcast Spectacor, owner of the National Hockey League’s Philadelphia Flyers, announced on Jan. 8 that it added a 1.06-MW onsite solar system and an electric Zamboni ice resurfacer to its Virtua Center Flyers Skate Zone in New Jersey, a training facility for the Flyers. The onsite solar p Read More...

Wells Fargo to add solar to nearly 100 properties in seven states

Wells Fargo announced on Feb. 2 that it is installing approximately 30 MW of new, onsite solar generation at its corporate and retail locations in seven states. This effort is part of the firm’s efforts to transition to long-term agreements that support the development of net-new sources of re Read More...

Wells Fargo surpasses $10 billion in RE tax-equity investments

Wells Fargo Renewable Energy & Environmental Finance (REEF) announced on Feb. 25 that it has surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and solar energy capac Read More...

Wells Fargo targets net zero financed emissions by 2050

Wells Fargo announced March 8 that it plans to achieve net zero greenhouse gas emissions across business operations and in its financed emissions by 2050.The bank also launched an Institute for Sustainable Finance, which will manage the deployment of $500 billion in financing of sustainable business Read More...

Wells Fargo Expands Solar in North Carolina

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 g Read More...

Wells Fargo Adds Solar in Colorado

Wells Fargo began the use of solar in Colorado through five new US Solar Community Solar Gardens in Colorado.The Solar Gardens, located in Xcel Energy and Black Hills Energy territories, will serve commercial and residential customers, as well as low- to moderate-income service organizations in the Read More...

Wells Fargo Sets GHG Targets For Oil & Gas and Power

Wells Fargo announced its interim targets for reducing GHG emissions attributable to its financing activities in the oil and gas and power sectors. The 2030 reduction targets for these sectors, based on a 2019 baseline are a 26% reduction in absolute emissions in the oil and gas sector and a 60 Read More...