Sourcing Renewables | Page 53

Emirates, an international airline, announced it committed US$200 million to fund research and development projects focused on reducing the impact of fossil fuels in commercial aviation.

Verizon Communications Inc. settled its fifth green bond offering of $1 billion with proceeds going toward renewable energy investments.

Microsoft will adopt the use of electricity from a fusion power plant that is expected to generate 50 MW or more.

The U.S. Department of Energy (DOE) announced an investment of $26 million for eight selected projects to demonstrate how solar, wind, storage, and other clean energy resources will support a strong U.S. power grid.

Stahl, a provider of coating technologies, announces that its near-term GHG emissions reduction targets were validated by the Science Based Targets initiative (SBTi).

Loblaw Companies Limited (Loblaw) announced a carbon-free energy project that will power its supermarkets, drugstores, offices, and distribution centers in Alberta with electricity entirely sourced from wind, sun, and water. The first of its kind in Canada, this program will eliminate carbon emissions associated with the company’s electricity purchases in Alberta, while reducing nationwide operating emissions by 17%.

Energy customers and suppliers will gather for the 11th edition of Smart Energy Decisions’ Renewable Energy Forum from June 5-7, 2023, at the Ponte Vedra Inn & Club in Ponte Vedra Beach, Florida.

New York Governor Kathy Hochul announced the state will invest in sustainable buildings, energy affordability, and clean energy development in the fiscal year 2024 budget.