Partnerships: Re-dressing the sustainability power balance
Moving to environmental sustainability depends on innovation and concerted action through partnerships. And that always means listening to people - in the supply chain, with charities and NGOs - with very different outlooks, objectives and sense of purpose.
In action: EDF battery storage optimisation with a financial services company
A financial services company worked with EDF and its partner, Upside Energy, to support an energy storage fund by realising financial returns from its assets. In turn, the Fund achieved this financial goal by focusing on specific source of revenue generation.
Microsoft targets ‘zero-carbon’ status for US headquarters through hydropower deal
Technology giant Microsoft is set to achieve carbon-neutral status for its global headquarters in Puget Sound, Washington, after inking a multi-year deal to source clean energy from local hydropower facilities.
3M pledges to source 100% renewable electricity
Multinational consumer goods, healthcare and industry firm 3M has become the latest corporate to join The Climate Group's RE100 initiative, pledging to source 100% renewable electricity for its global operations.
Shell to buy virtual power plant firm Limejump
Oil and gas major Shell has agreed to buy UK-based energy start-up Limejump, a move which will see the firm acquire one of the nation's largest battery storage networks.
edie Explains: Solar PPAs
A power purchase agreement (PPA), is a contract between an energy generator and an energy buyer or ‘end-user'. PPAs can provide a fixed price for energy generated over the duration of the contract, removing exposure to energy price volatility and allowing for accurate and predictable cost planning.