Plastic Bank

Strategy and Best Practices,Industry Updates

Enel North America | November 24, 2022

Campbell Soup Company (NYSE: CPB) and Enel North America announced a 12-year virtual renewable power purchase agreement, supporting Campbell’s goals to reduce greenhouse gas emissions. Through the agreement Campbell will purchase the electricity and the associated renewable energy credits from a 115 megawatt share of Enel’s Seven Cowboy wind project in Oklahoma. The contract is expected to commence in July 2023. “Improving the sustainability of the agricult...

Solar+Storage

Xcel Energy | October 28, 2021

Xcel Energy and Lightsource bp announced the development of a new 298-megawatt solar farm in Pueblo, Colorado. The project is Lightsource bp’s second in the city with power sales to Xcel, representing a cumulative half billion-dollar private investment in Colorado’s clean power infrastructure. Lightsource bp will finance, build, own and operate the facility and deliver the solar energy it generates to Xcel Energy under a long-term power purchase agreement. Construction...

Solar+Storage, Energy

Intersect Power, LLC | January 13, 2023

Intersect Power, LLC announced that its Athos III solar project in Riverside County, California, will start making money on December 22, 2022. The Athos III solar project was constructed by union workers, with solar panels, batteries, and steel piles made in America. This means that it is expected to comply with the domestic content and prevailing wage requirements of the Inflation Reduction Act (IRA). The Athos III solar project (Blythe Mesa Solar II) is generating 224 MWac/310...

Solar+Storage, Energy

Enevate Corporation | September 22, 2023

Enevate and NantG Power, two leading companies at the forefront of battery innovation, enabling high-speed charge and energy density battery technologies for electric vehicles (EVs) and other markets, have recently announced a strategic alliance for the manufacture of a next-gen battery. This strategic alliance leverages their respective expertise in cathode and anode innovations to adva...