Smart Energy Decisions News
August 16, 2019
DOE gives $59M for vehicle tech research
The U.S. Department of Energy announced $59 million for 43 projects for new and innovative advanced vehicle technologies research. Funded through the Office of Energy Efficiency and Renewable Energy, these projects address priorities in advanced batteries, alternative fuels and new energy-efficient mobility systems.
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GHG Emissions - August 16, 2019
Wells Fargo exceeds GHG emissions goal
Wells Fargo & Company announced a 48% reduction in GHG emissions since 2008, exceeding its goal to reach 45% by 2020. The company has reduced energy consumption by 36% during the same timeframe, on the way to its goal of 40% by 2020.
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GHG Emissions - August 15, 2019
National parks roll with buses to cut emissions
Acadia National Park's Island Explorer bus system is celebrating its 20th anniversary this summer with the integration of 21 new propane-powered buses into the fleet. Since 1999 the bus system has prevented the emission of an estimated 27,000 tons of greenhouse gases.
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Solar - August 15, 2019
Wynn Resorts celebrates energy independence
Wynn Resorts’ 160-acre solar facility now offsets 75% of Wynn Las Vegas’ peak demand during the summer months, and an even greater percentage during off-peak months.
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August 14, 2019
Kroger surpasses 2020 electricity savings goal
Kroger’s retail group surpassed its goal to achieve 40% electricity savings ahead of schedule, reaching a 44.9% savings in 2018 and saving more than 2 billion kWh in its stores since 2000.
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Energy Efficiency - August 14, 2019
Maple Leaf Foods aiming for energy intensity goals
Reporting progress towards their goal of a 50% reduction in energy intensity by 2025, Maple Leaf Foods announced a 23.9% reduction in electricity intensity and a 14.2% drop in GHG emissions in 2018 against a 2014 baseline.
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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.
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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.
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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.
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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.
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