Smart Energy Decisions News

August 13, 2019

Owens Corning Issues $450M Green Bond

Owens Corning has completed the issuance of its inaugural green bond, This $450 million bond is payable over 10 years at a coupon rate of 3.95%. In conjunction with the bond, the company has committed to spend $445 million on eligible sustainability projects.

August 13, 2019

Calif. school district completes energy efficiency effort

The Lynwood Unified School District in Lynwood, Calif. has completed an energy efficiency project expected to save $4.3M in utility costs over the next 15 years.

Solar - August 12, 2019

Ralphs adds solar to 555,000-sq.ft. distribution center

Ralphs, a subsidiary of The Kroger Co., announced the installation of a photovoltaic solar power array at its automated distribution center in Paramount, Calif., a 555,000-square-foot building that provides products to 190 Ralphs stores and 95 Food 4 Less stores throughout Southern California.

Sourcing Renewables - August 12, 2019

Corporates on track for biggest year in global PPAs

Corporations signed contracts to purchase 8.6GW of clean energy in 2019 through July. This is up from 7.2GW at the same time last year. Overall, 2019 is on pace to be bigger than 2018 for corporate PPAs globally. The U.S. made up 69% of this activity, making it by far the biggest market globally.

Sourcing Renewables - August 10, 2019

Weekend reads: EV's problem; S-s-s-steam heat

It's the weekend! Kick back and catch up with these must-read articles from around the web:

August 9, 2019

Gap Inc. signs VPPA, sets 100% RE goal

Global apparel retailer Gap Inc. announced on August 9 that it has signed a 90-megawatt VPPA for the Aurora Wind Project, marking one of the largest offsite renewable energy contracts by an apparel retailer.

August 9, 2019

Starbucks reaches 100% RE in Illinois with wind power

More than 340 Illinois Starbucks-operated stores are now powered with 100% renewable energy from wind power generated in the state.

August 8, 2019

Stonyfield Organic sets 30 by 30 goal

Stonyfield Organic, a leading organic yogurt maker, announced its science-based target to reduce absolute Scope 1, 2 and 3 GHG emissions 30% by 2030 from a 2017 base-year.

Energy Storage - August 8, 2019

Calif. school district to save $5.7 million with energy storage

Downey Unified School District in Downey, Calif. announced the installation and deployment of 3.5 MW/ 7 MWh of battery energy storage systems at seven school sites throughout the district.

Sourcing Renewables - August 7, 2019

Moody AFB plans solar, efficiency upgrades with ESPC

Moody Air Force Base (Moody AFB) has entered into an energy savings performance contract (ESPC) to implement an energy efficiency and infrastructure improvement project. The $11.2 task order includes a 2.5 MW on-site solar array, a base-wide LED lighting upgrade, expansion of its energy management controls system (EMCS), and fundamental infrastructure upgrades.

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