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Bank of America | January 21, 2020
American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying carbon offsets for its remaining unavoidable emissions. Commenting on the development, Brian Moynihan, CEO of Bank of America, said “we are delivering respo...
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Ares Management Corporation | December 27, 2021
Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021. The transaction consideration is A$428 million (U...
businesswire | April 06, 2023
Nextracker, one of the world's leading providers of intelligent solar tracker and software solutions, today announced the signing of an agreement with Sterling and Wilson Renewable Energy Limited, one of the leading RE EPC and O&M solutions provider in the world, to deliver its award-winning solar trackers to NTPC Renewable Energy Limited's 1.255GW Solar PV Project in Khavda RE Park, Gujarat. Sterling and Wilson Renewable Energy Limited is implementing this 1.568 GWp Solar PV project...
Voa news | August 12, 2020
A team of researchers from Australia and China has developed a way to desalinate and purify salty or brackish water into potable drinking water using solar energy, a process that could provide hope for developing areas without reliable or abundant electricity. The World Health Organization says about 2 billion people worldwide do not have access to water that is safe to drink. Contaminated water can lead to cholera, dysentery, typhoid and a host of other diseases. And the WHO says that situation...
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