As the company races to meet its goal of becoming 100% renewably powered by the end of 2020, Facebook has made another massive investment in clean energy — signing contracts for 806 MW of solar and wind power from projects across Utah, Ohio, Illinois, Tennessee and Ireland.
Also in the brief: Peabody to write down value of largest U.S. coal mine by $1.42 billion, First Solar joins RE100
Also in the brief: Evergy launches a ‘Sustainability Transformation Plan,’ SOMAH celebrates its first birthday and more.
Also in the brief: Connecticut’s cautious and failed first step on shared solar, and which states are making the most progress on emissions? Not the ones you think.
This bankruptcy comes with a political edge — because the startup received $737 million in a U.S. federal loan guarantee as part of the 2009 stimulus package — during the Obama administration.
Also in the brief: As much as $600 billion could be invested in new solar generation between 2021 and 2025 worldwide, Duke Energy is set to construct the company’s first-ever solar facility on a retired landfill site and more.
A new white paper from Energy Innovation found that 179 GW of U.S. coal plants were more expensive to run than solar, but only 10 GW per year were being retired. Swaps could accelerate the process.
The two firms have a 22-year power purchase agreement for the electricity generated by the upcoming Chuckwalla solar farm, which will have a rated capacity of 200 MW solar and 180 MW/720 MWh storage.
AES, one of the world’s largest power companies, has made a strategic investment in Sydney-based pre-fabricated solar array manufacturer 5B to meet the growing needs of its customers for solar.
“We are being looked at by everyone from prominent political campaigns to elected officials in our towns and counties to provide the economic development needed for the nation’s recovery from Covid.”
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