100% renewable energy

Verne Global Acquired by Digital 9 Infrastructure plc

Retrieved on: 
Monday, September 6, 2021

Verne Global, provider of sustainable data center solutions for high intensity computing (registered as Verne Holdings Limited), today announced that it has been acquired by Digital 9 Infrastructure plc (D9), the newly established investment trust that invests in a range of digital infrastructure assets which deliver a reliable, functioning internet, in a deal valued at approximately 231 million in cash.

Key Points: 
  • Verne Global, provider of sustainable data center solutions for high intensity computing (registered as Verne Holdings Limited), today announced that it has been acquired by Digital 9 Infrastructure plc (D9), the newly established investment trust that invests in a range of digital infrastructure assets which deliver a reliable, functioning internet, in a deal valued at approximately 231 million in cash.
  • Commenting on the Verne Global transaction, Thor Johnsen, Head of Digital Infrastructure at Triple Point, D9s Investment Manager, said:
    Data centers form a key part of the digital infrastructure backbone.
  • About Digital 9 Infrastructure plc:
    Digital 9 Infrastructure plc is a newly established, externally managed investment trust which invests in a range of digital infrastructure assets which deliver a reliable, functioning internet.
  • The Investment Manager's digital infrastructure team has a proven track record of over US$2 billion of infrastructure investments and, in addition, benefits from a panel of digital infrastructure industry experts with deep knowledge, relationships and involvement in a combined US$250 billion of digital infrastructure transactions.

LG Energy Solution gets ambitious with ESG vision

Retrieved on: 
Sunday, August 1, 2021

"ESG management is a new opportunity for LG Energy Solution in seeking to expand its business reach.

Key Points: 
  • "ESG management is a new opportunity for LG Energy Solution in seeking to expand its business reach.
  • "LG Energy Solution will accelerate efforts to innovatively transform human lives with its ESG management."
  • To achieve that goal, LG Energy Solution will convert to renewable energyand improve energy efficiency by utilizing high-performance equipment at its operation sites.
  • LG Energy Solution will completely transition its use of electricity to renewable energy at all of its business operations by 2030.

LG Pledges Transition To 100 Percent Renewable Energy By 2050

Retrieved on: 
Wednesday, July 21, 2021

SEOUL, South Korea, July 21, 2021 /PRNewswire/ -- LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy.

Key Points: 
  • SEOUL, South Korea, July 21, 2021 /PRNewswire/ -- LG Electronics Inc. made public its commitment to transition completely to renewable energy by 2050 as a key component of its sustainability strategy.
  • The transformation will be implemented region by region starting in North America where every office and manufacturing site will be powered by renewable energy within the year.
  • LG manufacturing facilities outside of Korea are on target to convert 50 percent of their electricity needs to renewable energy in the next four years.
  • *
    "Our commitment to creating a better life for all can best be actualized by LG transition to renewable energy and achieving carbon neutrality," said Park Pyung-gu, senior vice president at LG Electronics Safety & Environment Division.

Natel Energy Announces $20M Series B to Further Deploy Modern, Renewable Hydropower

Retrieved on: 
Wednesday, July 21, 2021

"Natel's Restoration Hydro Turbine is the most cost-effective and environmentally safe solution for fully unlocking the power of additional sustainable hydropower generation.

Key Points: 
  • "Natel's Restoration Hydro Turbine is the most cost-effective and environmentally safe solution for fully unlocking the power of additional sustainable hydropower generation.
  • Additionally, the company's digital solutions help the existing hydro fleet optimize production, creating a powerful combination of technology to enable a truly 100% renewable grid."
  • The Monroe Hydro Project in Madras, Oregon is a first-of-its-kind design making use of an existing irrigation canal and Natel's new, fish safe turbine technology to generate reliable, renewable energy.
  • With the installation of the commercially released 1 MW class D190 RHT, the site now contributes 100% renewable energy to the local grid.

National Grid Joint Venture Secures $150 Million Portfolio Revolving Facility to Advance Multiple U.S. Renewable Energy Projects

Retrieved on: 
Wednesday, July 21, 2021

This novel facility will bundle several renewable energy projects together to provide economies of scale and operational efficiencies.

Key Points: 
  • This novel facility will bundle several renewable energy projects together to provide economies of scale and operational efficiencies.
  • "Adding more renewable energy to the grid is just one of the many ways in which National Grid is supporting the transition towards a cleaner energy landscape," said Alexandra Lewis, Group Treasurer of National Grid plc.
  • National Grid Renewables develops, owns and operates large-scale renewable energy projects across the U.S., including solar, wind and battery storage.
  • National Grid Renewables, part of the non-regulated National Grid Ventures division of National Grid, develops, owns and operates large-scale renewable energy assets across the United States, including solar, wind and battery storage.

Food Union Announces Investments in Renewable Energy Sources

Retrieved on: 
Monday, July 19, 2021

The integral importance of ESG within Food Union resulted in our investments in renewable energy resources in two of our leading entities within the group: Premia and Isbjrn Is .

Key Points: 
  • The integral importance of ESG within Food Union resulted in our investments in renewable energy resources in two of our leading entities within the group: Premia and Isbjrn Is .
  • Premia , a Food Union company and Estonias oldest and largest ice cream producer, has transitioned to 100% renewable energy resources, like solar, to power its operations.
  • We are thrilled to announce our investments in renewable energy sources and plan to continue bringing our customers the best ice cream possible.
  • Isbjrn Is, a Food Union company based in Norway, has also committed to using renewable energy in its operations.

Barings Announces 2030 Net Zero Target for Global Operations

Retrieved on: 
Wednesday, July 14, 2021

With this announcement, it is setting out the path to achieve net zero in its global operations by 2030.

Key Points: 
  • With this announcement, it is setting out the path to achieve net zero in its global operations by 2030.
  • "While we will need to utilize carbon offsets to achieve neutrality in 2021, our true focus is on changing the behaviors of our employees and partners that will allow us to achieve our net zero target," said Sarah Munday, Barings Director of Sustainability.
  • Barings is working actively to support MassMutual's climate commitments of being operational net zero by 2030 and GIA net zero by 2050.
  • For instance, Barings Global Technology and Operations team has already reduced the firm's European data center footprint by 74% and the Barings London office operates on 100% renewable energy and green gas.

Barings Announces 2030 Net Zero Target for Global Operations

Retrieved on: 
Wednesday, July 14, 2021

With this announcement, it is setting out the path to achieve net zero in its global operations by 2030.

Key Points: 
  • With this announcement, it is setting out the path to achieve net zero in its global operations by 2030.
  • "While we will need to utilize carbon offsets to achieve neutrality in 2021, our true focus is on changing the behaviors of our employees and partners that will allow us to achieve our net zero target," said Sarah Munday, Barings Director of Sustainability.
  • Barings is working actively to support MassMutual's climate commitments of being operational net zero by 2030 and GIA net zero by 2050.
  • For instance, Barings Global Technology and Operations team has already reduced the firm's European data center footprint by 74% and the Barings London office operates on 100% renewable energy and green gas.

Ricoh joins AMERICA IS ALL IN coalition to tackle the worldwide climate crisis

Retrieved on: 
Wednesday, July 7, 2021

EXTON, Pa., July 7, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced that it has joined AMERICA IS ALL IN , the most expansive coalition of leaders in the U.S. supporting climate action.

Key Points: 
  • EXTON, Pa., July 7, 2021 /PRNewswire/ -- Ricoh USA, Inc. today announced that it has joined AMERICA IS ALL IN , the most expansive coalition of leaders in the U.S. supporting climate action.
  • Ricoh's pledge builds upon its long-standing commitment to combat climate change and to help create a more environmentally sustainable society.
  • Ricoh has also set an interim target of 30% by March 2023, accelerating its renewable energy transition by eight years .
  • Currently, eight Ricoh USA offices are 100% renewable energy dependent, including facilities in Illinois, Massachusetts, Ohio, Pennsylvania and Texas.

Where the Sun Meets the Sea: Offshore Floating-PV Powers Singapore's Journey Toward Carbon Neutrality

Retrieved on: 
Tuesday, July 6, 2021

The vision is to achieve net-zero emissions by 2050, but this can only be reached if the nation significantly reduces its reliance on fossil fuels.

Key Points: 
  • The vision is to achieve net-zero emissions by 2050, but this can only be reached if the nation significantly reduces its reliance on fossil fuels.
  • Finding alternative methods to generate electricity is therefore essential, as natural gas is responsible for 97% of electricity generation in Singapore.
  • Restricted by its small size, Singapore lacks access to natural and renewable energy sources such as wind and hydroelectric power.
  • I hope, in the future, Sunseap and Huawei will continue to contribute to the clean energy landscape here in Singapore."