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With major events like the Covid pandemic and the war in Ukraine reshaping global energy markets, policymakers continue to introduce new and updated legislation as a way to diversify supply and manage volatility
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The PPAs will cover the existing needs of Umicore’s site in Kokkola, where it produces precursor cathode active materials and refines cobalt used in rechargeable batteries for EVs
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By 2030, the company intends to convert 60% of all energy sources used in its office building and internet data centre to renewable energy sources and achieve 100% renewable energy by 2040
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It is believed to be the first energy company in the world to do so, supporting its 2040 net zero target
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The €300m Francisco Pizarro solar power plant in Extremadura consists of nearly 1.5 million photovoltaic modules, with a total installed capacity of 590MW
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They will explore supply solutions for both blue and green hydrogen, as well as electricity form solar and wind farms through the use of power purchase agreements
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RWE and Commerzbank are creating the ‘Green Mittelstand Fund’, which they claim will offer medium-sized companies the opportunity to secure green electricity through long term PPAs for the first time
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Why are they so important in the green transition? – we find out on this week’s future Net Zero podcast
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It has also committed to achieve 60% renewable energy by 2030 and 100% by 2035, which will include onsite generation, power purchase agreements and other green power purchase products
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The four new solar projects will cover a third of the company’s electricity consumption in Denmark
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The agreements with Leeward Renewable Energy supports Verizon’s goal to achieve net zero emissions in its operations by 2035
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