Renewable Energy Articles | Page 192

JPMorgan Chase announced on May 13 steps it is taking to align its financing activities with climate goals of the Paris Agreement. The firm also announced it has achieved carbon neutrality and has established new operational goals.

The City of Cleveland, Ohio, is moving forward with a plan to install solar panels at 15 sites around the city to provide power to city-owned buildings and save more than $1.1 million in electricity costs over 25 years.

The Connecticut Green Bank surpassed $200 million in clean energy investment in local businesses through the state's Commercial Property Assessed Clean Energy (C-PACE) program.

JBS Foods USA in Illinois is saving approximately $250,000 a year in energy costs because of its solar projects funded through the state's C-PACE program.

Kellogg Company has announced its pricing of a EUR 300 million 8-year Sustainability Bond. The food company’s inaugural sustainability bond, this bond has an interest coupon of 0.50% per annum.

Amazon has issued a $1B Sustainability Bond, whose proceeds will fund sustainability and social projects.

Caterpillar, Inc. announced on May 11 new sustainability goals centered around climate, environment, and safety. Among the goals to achieve by 2030 in operations energy and emissions: a science-based Scope 1 and 2 goal to reduce absolute GHG emissions from its operations by 30% from 2018 to 2030. 

Thanks to three large solar projects, Hawaii Island – also known as the Big Island - may be the first in the state to hit 100% of its renewable energy goal, hitting that mark by 2023 and reaching 110% by 2024, according to the Hawaiian Electric Company.

Construction of solar canopies is underway at three downtown Long Beach, California, public parking locations. This project is the first of two phases for the City of Long Beach's solar energy PPA with PFMG Solar Long Beach, LLC, which will place a total of 10 solar installations at various public facilities throughout Long Beach.

ENGIE North America announced on May 11 that its Houston headquarters is now under contract to use 100% renewable energy from its own Live Oak wind project in Texas.