Sourcing Renewables | Page 218

Walmart has become the first member of the Smart Energy Decisions’ Supply Chain Initiative. Developed as an extension of SED’s Renewable Energy Sourcing Initiative, this new program is designed to help early adopters of renewable energy engage with their supply chains while helping their suppliers by delivering renewable energy sourcing education, peer-to-peer networking, and connections to renewable energy suppliers.

J. Kings, a Long-Island based food and beverage distributor, announced on July 10 the completion of a 771-kilowatt rooftop solar system at their Holtsville headquarters and distribution facility. The system was developed to both reduce the company’s carbon’s footprint and create significant financial benefit.

Hess Corporation announced a reduction in flaring and GHG emission intensities by 38% and 23%, respectively versus a 2014 baseline. The reductions were featured in Hess’ 2017 Sustainability Report, released on July 10.

Baxter International Inc., the global medical products company, announced that in 2017, 30% of the company’s energy use from its operations came from renewable resources. The company also reduced its absolute greenhouse gas (GHG) emissions by 17 percent

It's the weekend! Kick back and relax with these with these must-read stories from around the web:

Smart Energy Decisions heads toward the Fall edition of the Renewable Energy Sourcing Forum with a lineup of featured keynote speakers including executives from Starbucks, Intuit, and Kingspan. The event will take place on October 1-3, 2018 at the Ponte Vedra Inn & Club in Ponte Vedra Beach, Fla.

Volkswagen announced plans to launch a carsharing program in 2019 using electric vehicles. The program will begin in Germany and expand to major cities in Europe, North America, and Asia in 2020 and will focus on core VW brand cars.

The Internal Revenue Service (IRS) issued guidance on a 2015 law establishing an investment tax credit (ITC), to clarify that solar developers who invest at least 5% of the total expected installation cost of a project by the end of 2019 will qualify for a 30% ITC.

Goldman Sachs Asset Management signed a PPA for a 204 MW-portfolio of solar energy projects from Marina Energy, a wholly-owned subsidiary of South Jersey Energy (SJI).