Dell Aiming for 100 Percent Renewable Energy by 2040

Renewable Energy Magazine | November 13, 2019

US tech giant, Dell Technologies, has announced it expects to source 75 percent of electricity from renewable sources across all Dell facilities by 2030 — and 100 percent by 2040. The company also unveiled its 2030 Progress Made Real plan it says is “grounded in the belief that technology and data combined with human spirit are, and will always be, positive forces in the world.” “Unlocking the power of data will advance humanity more than any other force over the next decade,” said Michael Dell chairman and CEO, Dell Technologies. “We are committed to making that power broadly available to communities around the world so we can all move forward together.” Over the next decade, Dell Technologies “will use its global scale, broad technology portfolio and expertise to yield meaningful and measurable impact on society and the planet.” By 2030, the company has stated it plans to; recycle an equivalent product for every product a customer buys; lead the circular economy with more than half of all product content being made from recycled or renewable material; use 100 percent recycled or renewable material in all packaging;

Spotlight

Trinasmart modules incorporate innovative power electronics from Tigo Energy to achieve module-level diagnostics, maximum energy harvest through module level DC power optimization, and reduction of arc, fire and safety hazards.

Spotlight

Trinasmart modules incorporate innovative power electronics from Tigo Energy to achieve module-level diagnostics, maximum energy harvest through module level DC power optimization, and reduction of arc, fire and safety hazards.

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SOLAR+STORAGE

UL Acquires Clear Sky Analytics

UL | May 18, 2021

UL, the global safety science leader and one of the world's leading advisors on the development, assessment, and optimization of renewable energy ventures, announced today the acquisition of the proprietary software platform and related assets of solar analytics company Clear Sky Analytics. Ajay Saproo and John Corson, co-founders of Clear Sky Analytics, will also join UL. The proprietary software platform analyses the performance of solar assets and offers prescriptive insights. This acquisition broadens UL's solar offerings and strengthens its overall solar and wind renewables expertise, which includes consulting services through the project life cycle and supply chain, from due diligence to project development, certification, testing and evaluation, asset management, and reporting. Clear Sky Analytics, founded by solar industry veterans Ajay Saproo and John Corson, specializes in distilling and interpreting operating PV solar plant data to maximize efficiency through actionable insights. Clear Sky Analytics' proprietary software platform combines data quality management, performance optimization, and analysis algorithms to create a complete and detailed accounting of energy produced and energy wasted due to specific reasons. The Clear Sky Analytics platform acquisition expands UL's existing comprehensive portfolio of independent technical advisory, testing, inspection, certification, and software services to the solar energy industry. These services are intended to assist stakeholders such as developers, investors, financiers, owners, operators, utilities, grid managers, and policymakers in understanding the complexities of solar energy production and the ability to produce clean, renewable energy. They support all phases of the project life cycle, including feasibility, planning, design, construction, financing, investment, operations, and maintenance. Since its launch in March 2017, Clear Sky has provided development and operational insight for over 150 solar projects across a wide range of geographies and designs. This includes Clear Sky and UL collaborations. Engagements have included UL consulting and laboratory and field inspection facilities along with Clear Sky's plant performance data analysis, resulting in optimized solar plant performance and significant operator cost savings. The deal was completed on May 17, 2021. The acquisition's terms were not disclosed. About UL UL is the global leader in safety science. It provides testing, inspection, and certification (TIC), training and consulting services, risk management solutions, and essential business insights to its customers in over 100 countries, assisting them in achieving their safety, security, and sustainability objectives. The deep product experience and expertise through supply chains make it the go-to partner for customers facing complex challenges. About Clear Sky Analytics Clear Sky Analytics, a privately held company, distills and interprets efficiency data to provide actionable insight as a service to enhance the assessment and optimization of operating solar plants. Its proprietary software combines data quality enhancement, performance analysis, and analysis algorithms to provide a detailed and quantitative accounting of energy production and losses due to specific causes.

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ENERGY

Diode Ventures Launches Large-Scale Renewable Energy, Data Infrastructure Partnership in South Korea

Diode Ventures | January 13, 2022

The Republic of Korea runs on several energy-intensive industries, but a lack of sufficient natural resources means that Asia's fourth-largest economy is forced to import nearly all its energy even as it works toward aggressive net-zero goals. To answer the country’s need for sustainable infrastructure, Diode Ventures (Diode), a wholly owned subsidiary of Black & Veatch, has entered into a joint venture agreement with Energy Innovation Partners (EIP), subject to regulatory approvals and other customary closing conditions, to develop, finance, build and operate renewable energy and data infrastructure projects in the Republic of Korea. The Republic of Korea imports nearly 96 percent of its energy, which presents a particularly tough challenge for a country that is working toward a 20-percent reduction in carbon emissions by 2030 and a net-zero economy by 2050. To get there, the country will need to significantly expand its renewable energy generation portfolio. Working together as The Green Korea Inc., the joint venture will offer the full life cycle of project development for solar, wind, battery energy storage, data centers and more, helping to advance the country’s sustainability initiatives. We believe the growing Korean market offers substantive opportunities to add value for our clients and support the evolution of greener, more sustainable energy infrastructure. The EIP team is a trusted partner for Diode, and we are excited to work with them under the banner of The Green Korea Inc. to perform development, engineering, procurement and construction services that will bring these critical projects to life.” Brad Hardin, president of Diode Ventures With its Green Growth National Strategy and Korean New Deal 2.0 – which invests 220 trillion won (USD$185 billion) across the economy, including billions in green infrastructure and renewable energy – the Republic of Korea is at the forefront of green economic growth planning. The Green Korea Inc. partnership is a direct answer to the country’s needs as it embarks on these large-scale projects to reduce carbon emissions and increase sustainability across its economy. “EIP is very confident in our ability to grow a sustainable and lasting infrastructure footprint in Korea in partnership with Diode,” said Heejun Park, president of EIP Asset Management. “This agreement marks an important milestone in our long-term relationship with Diode and Black & Veatch.” About Diode Ventures Diode Ventures is a developer of energy and data infrastructure, serving the commercial, industrial and technology sectors. With our partners, we offer our clients development services including site selection, capital assembly, project financing, EPC and O&M. Diode Ventures is a wholly owned subsidiary of Black & Veatch with a global presence in over 100 countries. About Energy Innovation Partners Energy Innovation Partners (EIP) is Korea’s No. 1 energy investment & MBA advisory firm focusing on E.G, green energy infrastructure, power generation and US Midstream. In 2021, the company expanded its business stream to Asset Management company to widen its business spectrum to perform not only the advisory services but also Private Equity Fund management and securities (debt & equity) trading. To date, EIP has successfully raised capital over $2.5 billion and assets under management of over $100 million.

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ENERGY

Comcast Takes First Step Towards Carbon Neutrality with 250 MW Solar Deal

Comcast | April 01, 2022

On March 31, Comcast announced that it had agreed to buy 250 megawatts (MW) of solar electricity from Constellation, which will power about 13% of its U.S. operations and most of its Mid-Atlantic operations with clean, renewable energy. The agreement will fund the construction of Scout Clean Energy's Blue Sky Solar Project in Illinois, resulting in creating local jobs and the addition of clean energy to the United States' power grid. “Sourcing clean, renewable energy is the top priority for meeting our goal to be carbon neutral by 2035, This marks the first of many major green investments that are already underway or on the immediate horizon which demonstrate our commitment to sustainable, responsible business.” -Peter Kiriacoulacos, Executive Vice President and Chief Procurement Officer at Comcast. Comcast is committed to becoming carbon neutral by 2035 for Scope 1 and 2 emissions, or those it owns and controls, across its global operations. With purchased electricity accounting for most of these emissions, achieving this goal will require a focus on renewable energy. Comcast's renewable energy strategy will prioritize securing green tariffs, direct power purchase agreements (PPAs), and virtual power purchase agreements (PPAs) through contracts that add new renewable capacity to the grid. Additionally, it will include the development of onsite renewable energy capacity and the supplementation of electricity needs by purchasing clean energy projects or renewable energy certificates (RECs). “We commend Comcast on its carbon neutral commitment and are pleased that our offsite renewable solution will serve as a significant steppingstone toward achieving that goal, As our nation transitions to a clean energy future, Constellation is dedicated to offering the products, services and expertise that help our customers strategically manage their energy use and reduce their carbon footprints.” -Jim McHugh, Chief Commercial Officer, Constellation. Highlights of the Project Include the Following: Comcast will purchase 250 megawatts (MW) of carbon-free solar energy from the 300 megawatt Blue Sky project, accounting for a majority of the project's total output. Blue Sky is one of the most significant solar projects approved in the PJM power grid, which serves the Mid-Atlantic and portions of the Midwest in the United States, and Comcast is the project's sole customer. Comcast will be able to avoid nearly 360,000 metric tons of carbon dioxide emissions annually as a result of the agreement – the equivalent of avoiding the emissions produced by more than 65,000 homes for an entire year. The project will generate up to 400 construction jobs and 20 new long-term jobs in the community, and $36.3 million in tax revenue over the project's life, with $25.4 million going directly to local schools. By December 2024, Blue Sky is expected to begin commercial operations. In addition, Comcast has entered into a 15-year agreement with Constellation to purchase energy and renewable energy credits from Blue Sky as part of its retail electric supply contract beginning in 2025. “We are pleased to work with Comcast and Constellation to deliver carbon-free solar energy and invest $400 million into the local community, creating new sustained jobs and tax revenue for local schools, Comcast’s commitment made this possible.” -Michael Rucker, founder and CEO of Scout Clean Energy.

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