Renewable energy credits procured by Tribal-owned Seneca Environmental and retired on behalf of Pinterest will be used to offset home electricity use for work-from-home employees.
BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.
Another stalwart of the solar industry was able to take the necessary precautions in order to maintain some sense of normalcy during the pandemic, leading to a quarter of increased sales, net cash and a positive outlook to finish off the year.
Growing by a third and seeing already one in seven members at 100% renewable electricity, more and more companies are joining RE100 and leading the global switch to renewable energy.
Large corporations are purchasing solar in the pursuit of going 100% renewable like never before. However, while solar and wind purchase figures are on the rise, the avenues these purchases come from has changed over the past year.
Facebook’s new datacenter in Georgia will be 100% renewable and powered by hundreds of megawatts of solar power, while Fifth Third Bank has also gone 100% renewable with an 80 MW North Carolina solar farm.
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