Product Announcement: LevelTen Performance Monitoring for PPAs

Product Announcement: LevelTen Performance Monitoring for PPAs

The renewable energy procurement platform LevelTen Energy released a new feature called Performance Monitoring that the company says provides instant access to critical data for managing one or more power purchase agreements (PPAs).

Starbucks Stores Reach 100% Renewable Energy in Illinois

Starbucks Stores Reach 100% Renewable Energy in Illinois

Starbucks says the company reached a milestone in Illinois this week: More than 340 stores there are now powered entirely by wind power generated in the state. When it opens later this year, the Starbucks Chicago Roastery will also run on wind power, according to … Read more…

3M Joins RE100, Commits To 100% Global Renewable Electricity

3M Joins RE100, Commits To 100% Global Renewable Electricity

3M has committed to transition to 100% renewable electricity at all their facilities worldwide, starting with global headquarters in St. Paul, Minnesota. In addition, 3M joined the RE100 initiative and set an interim target to source at least 50% of their electricity from renewable sources by 2025.

Ford Procures 500,000 Megawatt Hours of Wind Energy in Michigan

Ford Procures 500,000 Megawatt Hours of Wind Energy in Michigan

Ford Motor Company is collaborating with DTE Energy to procure 500,000 megawatt hours of wind energy in Michigan. The automaker says the deal should help power two plants and several additional buildings with 100% renewable locally sourced energy.

BloombergNEF Projects Renewables Shortfall for RE100 Companies

BloombergNEF Projects Renewables Shortfall for RE100 Companies

Corporations around the world bought a record-breaking amount of renewable energy through PPAs in 2018. And the deals are likely to continue: A new BloombergNEF market outlook projects that RE100 companies need to purchase an additional 190 terawatt hours of renewables by 2030 in order to meet their targets.

Enel X: Expect Renewable PPA Prices To Rise After 2020

Enel X: Expect Renewable PPA Prices To Rise After 2020

Renewable energy power purchase agreement prices will rise after 2020, predicts a new energy markets report from Enel X North America. As states, utilities, and corporations seek to fulfill renewable goals, there will be increasing competition for projects while the pipeline decreases, the analysis says.

Starbucks Signs Illinois Wind Energy Deal with Constellation

Starbucks Signs Illinois Wind Energy Deal with Constellation

Starbucks signed a long-term agreement with energy provider Constellation to power more than 340 Illinois stores from Enel Green Power North America, Inc.’s HillTopper wind project. Constellation has a separate deal with Enel to purchase 14 megawatts of energy from the wind farm in Logan County, Illinois.

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