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Mercedes-Benz to source CO2-free electricity in Germany from solar, wind and hydropower from 2022 onwards

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From 2022 onwards, the company will purchase electricity in Germany which comes exclusively from renewable sources. A green power supply contract ensures the purchase of electricity from renewable energy sources at all times. The global production of Mercedes-Benz will be CO 2 -neutral at its own plants starting in 2022.

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Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

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The Volvo Cars manufacturing plant in Chengdu, the company’s largest in China, is now powered by 100% renewable electricity, taking the company’s global renewable electricity mix in its manufacturing network to 80%. Until recently, the Chengdu plant already sourced 70% of its electricity from renewable sources.

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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. 1 Equinor. 2 Total SA.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. NEO 2018 sees $11.5 NEO 2018 sees $11.5

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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Solar and wind generation grew at double-digit pace, with solar alone increasing by 31%. As a result, global energy-related CO 2 emissions rose by 1.7%

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Global energy investment totalled more than US$1.8

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Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

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Arcadia connects renters and homeowners across the US to wind and solar energy through utility data and billing technology. The EPA provides further information on how renewable energy certificates are used to account for renewable electrcity generation and use. 2021 Audi e-tron.

Audi 397