Tag: RE100

Net Zero Plan and Aggregated PPAs in Taiwan: Briefing

The report notes that, compared to two years ago when the key barriers to renewables in Taiwan were identified as high cost, low supply, and lack of market transparency, things have improved. However, demand for renewables has grown as RE100 members are continuing to make progress on their targets, more Taiwanese companies are committing to using renewable energy, and large electricity consumers are being pushed to source green energy through legislation.

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RE100 gathers speed in challenging markets

The “RE100 annual disclosure report 2021” has been released by RE100 in collaboration with CDP & Climate Group. RE100 is a global leadership initiative to accelerate the decarbonisation of electricity by committing large and influential companies to set targets to source 100 per cent of their electricity renewably. This report shines a spotlight on the data behind the RE100 initiative, holding it and its members to account by showing how they are putting their commitments into action.

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India’s UltraTech Cement joins RE100

UltraTech Cement Limited, a leading manufacturer of grey cement, white cement and ready-mix concrete in India, has announced its commitment to the Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of this commitment, UltraTech Cement aims to meet 100 per cent of its electricity requirement through renewables sources by 2050.

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Beverage company Coca-Cola Amatil joins the RE100 initiative

Australia headquartered beverage company Coca-Cola Amatil announced that it has joined the global RE100 renewable energy initiative with a target to power its entire operations across six countries through renewables by 2030. Further, it has targeted to achieve 100% renewable energy powered operations by 2025 in Australia and New Zealand.

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Amorepacific becomes the first Korean beauty company to join RE100

Amorepacific has become the first Korean beauty company to join the global RE100 initiative with a goal to source 100 per cent renewable energy to power all of its production sites and offices by the year 2030. To achieve this goal Amorepacific will also utilize third party PPAs and green contracts operated by the Korean government.

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South Korea to allow C&I and residential consumers to purchase renewable energy under RE100 initiative

The Ministry of Trade, Industry, and Energy of South Korea has announced the sanctioning of the purchase of electricity from renewable sources by industrial and general electric consumers as part of the RE100 initiative. The parties must register at the Korea Energy Agency and the electricity will be procured through self-generation, green premium system, third party power purchase agreement, or the purchase of renewable energy certificates.

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Corporate renewable electricity sourcing in Europe shows continuous growth

Corporate renewable electricity sourcing in Europe has shown continuous growth despite the COVID-19 pandemic, demonstrating the resilience and potential of Europe’s renewable energy sector. In November 2020, the cumulative contracted volume of corporate renewable power purchase agreements (PPAs) in Europe reached the 11 GW mark, up from just 2.2 GW by the end of 2016 and with a record 3 GW contracted in 2020 alone.

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PepsiCo joins RE100; pledges to transition 100% to renewables by 2040

PepsiCo has announced a target to source 100 per cent renewable electricity across all of its global operations. The company has joined the RE100 initiative, an initiative led by the Climate Group in partnership with CDP, to bring together the world’s most influential companies committed to 100 per cent renewable electricity.

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First Solar joins RE100 initiative

First Solar has announced a commitment to power 100 per cent of its solar manufacturing operations across the globe with renewable energy by 2028. The commitment was announced after First Solar joined RE100 initiative.

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