Category Archives: Renewable Energy

Financial and sustainability win — with wind

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JLL provides a renewable energy solution for Intuit’s Global HQ that is set to save $1 million in energy costs.

More than three decades ago, Intuit developed personal finance software to help families balance their budgets. Today Intuit’s mission is to power prosperity around the world. The company serves more than 42 million customers including consumers, small businesses and the self-employed. Within the company’s ecosystem of innovative financial management solutions, its flagship products include QuickBooks® and TurboTax®.

As Intuit has grown, its commitment to using the company’s position to being a good corporate citizen has remained. Being good stewards of the environment is at the core of the company’s values, and sustainability is considered in decision making company-wide.

In 2016, Intuit sought an offsite renewable energy solution to power the company’s global headquarters in Mountain View, California. With less than ten years remaining on the lease of the 188,000-square-foot Mountain View campus, Intuit wanted to obtain three megawatts of 100 percent renewable energy with a direct access contract that ensured a scheduled, known price — but without extending an agreement beyond the terms of their lease.

It was a unique case in the market. Most power purchase agreements are for longer terms — at least 15, and usually 20, years — and for larger energy purchases needed by locations that require considerably more power. Intuit’s request was highly unusual. While the lease term was too long for a typical direct access agreement, it was too short for a typical power purchase agreement. Most developers told them it was an impossible request to fulfill.

Intuit turned to JLL’s Clean Energy team to secure a cost-neutral solution that was all-inclusive from the point of electricity generation to the door of Intuit. … Read More

With renewable energy pledge, U.S. cities think big

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19880707 - green and office buildingsOn May 1, Atlanta’s City Council pledged to power the city of nearly one-half million completely through renewable energy by 2035. While this may seem like a lofty goal, Atlanta is actually the 27th city in the U.S. to make such a pledge, according to the Sierra Club. San Francisco has pledged to do so by 2030, San Diego by 2035 and Salt Lake City by 2032. Six cities, including Aspen, Colo., Burlington, Vt. and Columbia, Md., have already achieved it. In addition to these population centers, 29 U.S. states have been active in adopting Renewable Portfolio Standards and targets as well.

About 70 percent of the world’s population is estimated to live in cities by 2050, the year the Sierra Club sets as the target for cities to achieve energy independence. Reducing cities’ reliance on fossil fuels by 2050 would drastically curb our impact on global warming. But the impact is on more than just the environment. Atlanta City Councilman Kwanza Hall, who introduced the city’s renewable energy pledge, touts it as an important tool for job creation and a cost-savings measure for residents’ utility bills, in addition to having cleaner air and water.

Kyle Goehring, Vice President and National Director of JLL’s Clean Energy, which is a specialty in the firm’s Energy Sustainability Services, points out that the cities—and states—who have these goals will often turn to corporate America to follow suit.… Read More

China’s renewable energy investment: it’s good for global business

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China kicked off 2017 by announcing that it will invest more than $360 billion over the next four years on renewable power sources like solar and wind energy. It’s an ambitious commitment, but not a surprising one, as China is the world’s leading investor in renewables. The announcement, which estimates the creation of 13 million new jobs in the renewable energy sector, comes at a pivotal time as China’s cities have been plagued by dangerous and persistent smog and pollution, brought on by decades of reliance on fossil fuels.

It’s a massive investment for China, both environmentally and economically, but also for the rest of the world and the global economy, according to Steve Yatsko, Vice President with JLL’s Alternative Energy, who says green, clean energy just makes good business sense.

“There’s no longer a question of global warming,” Yatsko said. “Climate change is real and of course we want to take care of the planet. But taking care of the planet is truly an economic decision now — and economics point to renewables.”

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Prevailing wind

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With the inauguration of a new US President today, our clients and colleagues have been asking where the wind is blowing in regards to alternative and clean energy.

A number of sources have reported that not only are clean and alternative energy sources positive for protecting the natural world while fueling energy needs, but that these sources create many jobs nationwide.

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The Future of LEDs: Key Takeaways from the Solid-State Lighting Technology Development Workshop

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The US Department of Energy (DOE) hosted its annual Solid-State Lighting (SSL, or better known as LED) Technology Development Workshop in Denver, CO on November 16th and 17th.  The event was attended by 180 industry members from various backgrounds including, manufacturers, utilities, designers, municipalities and academia, all working to drive mass adoption of LEDs throughout the US.

The workshop challenged the status quo, asking tough questions to lighting industry experts in order… Read More