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Wells Fargo and Ameresco to Install Solar Generation Assets at Nearly 100 Wells Fargo Properties in Seven States
Wells Fargo and Ameresco to Install Solar Generation Assets at Nearly 100 Wells Fargo Properties in Seven States
Ameresco, Inc. (NYSE: AMRC), and Wells Fargo (NYSE: WFC) today announced a collaboration to develop and install approximately 30 megawatts (MW) of new, onsite solar generation assets at corporate and retail locations in seven states. The nearly 100 solar photovoltaic (PV) arrays are a combination of rooftop and ground mount systems at Wells Fargo retail and administrative locations in Arizona, California, Connecticut, Iowa, New Jersey, North Carolina and Texas. Construction on the systems will begin in April and go into 2022.
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In December 2019, the Government of Canada committed to using 100% clean electricity to satisfy the power requirements for all federal buildings in jurisdictions where available by 2022, and by 2025, in other locations where renewable power is less accessible. In furtherance of this mandate, on January 7, 2021, Public Services and Procurement Canada issued four requests for proposals (RFPs) as a first step to meet this target:
Two
RFPs for the purchase of electricity and all associated Renewable Energy Certificates (RECs) generated from solar facilities located in Alberta; and
Two RFPs for the purchase of RECs generated from solar and/or wind facilities located in any jurisdiction in Canada.
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New York Governor Andrew M. Cuomo has announced the launch of a new large-scale procurement programme that is expected to help retain the state’s existing renewable energy resources.
Called Competitive Tier 2, the renewable energy procurement initiative will promote lower statewide carbon emissions as well as support New York’s economic recovery by increasing competition and reducing energy costs.
The New York State Research and Development Authority (NYSERDA) will administer the programme to ensure the state’s existing baseline renewable energy generation is retained through three annual solicitations, in parallel with other NYSERDA programmes for new large-scale onshore and offshore wind projects.
Indian Energy Exchange (IEX) gained 1.75% to Rs 244.70 after the company s consolidated net profit grew by 39.5% to Rs 58.14 crore on 42.8% rise in net sales to Rs 85.23 crore in Q3 December 2020 over Q3 December 2019.The company s consolidated profit before tax stood at Rs 75.74 crore in Q3 December 2020, 43.8% higher than Rs 52.66 crore in the same period last year. Total tax expense spiked by 60% to Rs 17.59 crore in Q3 December 2020 over Q3 December 2019.
Consolidated EBITDA stood at Rs 80.5 crore in quarter ended December 2020, rising 41.8% from Rs 63.2 crore in the corresponding period last year. The energy exchange said it delivered the most robust quarterly performance till date.