The RE100 initiative has confirmed that over 100 multinationals have now committed to sourcing 100 per cent renewable power, after AkzoNobel, AXA, Burberry, and Carlsberg today became the latest high profile brands to join the group. Launched in 2014 by The Climate Group and CDP, RE100 has seen a host of leading Blue Chip firms commit to sourcing 100 per cent renewable power across their operations, typically backed by a firm target date for phasing out the use of fossil fuel power.
Business Green 11th July 2017 read more »
The sixth largest regulated water and sewage company in England and Wales has secured a £250m loan from the European Investment Bank (EIB) to finance on-site renewable generation projects, alongside a clean energy purchasing agreement with providers DONG Energy. Welsh Water, which provides drinking water and wastewater treatment services for more than three million people, announced the deals as part of an overarching aim to reduce utilities costs while increasing the use of self-generated clean energy sources to 30% by 2019. The not-for-profit utility company penned a new energy contract with DONG Energy to ensure that 100% of the energy sourced from the grid will be generated from the wind farms lists under DONG Energy’s portfolio. With an annual energy bill of more than £44m, the majority of which is used for pumping water and wastewater, Welsh Water has turned to on-site generation to reduce energy costs. The company currently generates 20% of its own energy needs through wind, hydro, solar and anaerobic digestion (AD).
Edie 11th July 2017 read more »