Wells Fargo (NYSE:WFC), a diversified, community-based financial services company, announced last week that it has committed $200 billion to sustainable business, with 50 percent focused on clean technology and renewable energy transactions. The institution made this commitment at a keynote delivered by CEO Tim Sloan at the CECP CEO Force for Good Investor Forum in San Francisco.
Energy & Natural Resources
Wells Fargo & Company has announced plans to provide $200bn in financing towards sustainable businesses and green projects by 2030, in addition to improving transparency and carbon risk reporting across its own accounting and lending practices.
Wells Fargo will accelerate its commitments to tackling climate change with new plans to support low-carbon and conservation businesses. ... the transition to a low-carbon economy and promoting environmental sustainability through our products and services, operations and culture, and philanthropy.”
Florida Power & Light Company (FPL) announced Tuesday that more than 120 employees would be returning home after a three-month mutual assistance deployment to Puerto Rico following Hurricanes Maria and Irma.
For the homes and businesses, Florida Power and Light partnered with town founders to build a 75 megawatt solar-generating facility that's already working. Kitson says energy prices are comparable to other power sources, and the home prices were set to attract a wide range of buyers.
Florida Power and Light (FPL) recently incorporated a 10-megawatt (MW), 40-megawatt-hour (MWh) battery-storage project into its Babcock Ranch Solar Energy Center, a 74.5 MW solar power plant in Charlotte County, Florida.
The project is the largest solar-plus-storage system built in the United States to date.
Yesterday, he and Florida Power and Light unveiled a solar facility that stores and produces enough solar energy to feed 15,000 homes. "Babcock Ranch is the most sustainable, the most environmentally responsible, new town that's ever been created," Kitson said.
Kitson partnered with local electricity provider Florida Power and Light to build the 440-acre field of solar panels, which was finished last year before the first residents moved in. The panels power the town and provide power to surrounding communities, Kitson says. An aerial view of a solar field in the ...
North Central Florida's newest solar farm is bringing more than just power to the area. The Florida Power and Light (FPL) Plant is also designed to be environmentally friendly. The Horizon Solar Energy Center houses 330,000 solar panels.
Wells Fargo & Company will award $50 million in grants over five years to American Indian and Alaska Native organizations that are working on economic, social, and environmental needs that affect native communities. Beginning in 2018, community-based, local nonprofits can apply for grants through the program’s three primary areas of interest: renewable energy and clean water; leadership training and career development; and programs to advance homeownership, low-cost housing, small-business development, and postsecondary education programs and scholarships.