Finance | Page 33

At its massive cold storage industrial building in Oxnard, Calif., Chiquita Brands International is benefitting from the recent installation of a 1 MW solar array equipped with technology that allows its panel to "track" the sun's movement to more electricity than traditional panels. 

Microsoft has announced a unique arrangement through which it will purchase wind energy for its Microsoft Cloud services in Ireland and test the integration of energy storage into the country's grid.

Dallas-based real estate developer Alterra International has been able to secure $23.9 million in PACE financing to transform the energy efficiency and environmental attributes of a century-old building amid its conversion to a mixed-use development.

Kick back with these must-read energy stories from around the web.

"Given the current administration's withdrawal from the Paris Climate accord, every company committed to responsible business is compelled to act," Chairman and interim CEO Michael Kowalski said in a statement. 

Social media giant Facebook has switched all electric accounts at its Menlo Park, Calif., headquarters to participate in a 100% renewable energy program created by a newly established California electricity supplier.

Energy and sustainability executives from Goldman Sachs, JP Morgan Chase, General Motors, RE100 and Edison Energy on Sept. 20 uniformly predicted a continued acceleration of corporations turning to renewable energy to power their operations.

The big banks are going all-in on renewable energy. 

TD Bank Group announced Sept. 12 that it closed on the issuance of a US$1 billion green bond, its first in U.S. dollars and one of the largest green bonds ever issued by a bank.

Daimler AG's trucks division announced Sept. 14 that it has invested in and formed a strategic partnership with battery company StoreDot Ltd. to work on a more holistic approach to fast vehicle charging.