EARTHWORKS

Sustainability,Strategy and Best Practices

Leeward Renewable Energy | November 29, 2022

Leeward Renewable Energy (“LRE” or “Company”) announced that it has closed approximately $420 million in construction to term financing from MUFG Bank Ltd. and a $195 million tax equity commitment from Wells Fargo for its Big Plain Solar Facility located in London, Ohio and its Oak Trail Solar Facility located near Moyock, North Carolina.MUFG served as the Green Loan Structuring Agent, Coordinating Lead Arranger and Administrative Agent for the construction to term financ...

Grid Environment

Amazon | September 13, 2023

Amazon makes its first investment in direct air capture technology to combat climate change. Amazon commits to purchasing 250,000 metric tons of carbon removal over a decade from 1PointFive's STRATOS DAC plant. The Climate Pledge Fund also invests in CarbonCapture Inc., known for modular DAC systems designed for cost-effective CO2 removal. The Intergovernmental Panel on Climate Change (IPCC) emphasizes the need for DAC and other sol...

Energy Storage News | March 18, 2020

Just over one in 10 US states now has a deployment target in place for energy storage, with Nevada now aiming for 1,000MW by 2030. With Virginia now also teetering on the edge of adopting an ambitious target, US national Energy Storage Association (ESA) Kelly Speakes-Backman said Nevada, in becoming the sixth state to adopt a target, had “distinguished itself as an energy storage leader”. A docket from the Public Utilities Commission of Nevada (PUC) adopted as a permanent regulation the biennial...

Sustainability

Greenwave Technology Solutions | January 14, 2022

Greenwave Technology Solutions, Inc. is pleased to issue the following letter to shareholders from Greenwave Chairman and Chief Executive Officer, Mr. Danny Meeks: Dear Greenwave Shareholders, I’m pleased to report that Empire Services, Inc., which Greenwave acquired last fall, generated more than $27 million in revenue during the year ended December 31, 2021, exceeding the $24 million annual revenue goal we set in September 2021. We aim to further accelerate ...