News Type: Press Release

3Degrees’ creative project financing and transportation market expertise enable the repower of Edaleen digester project

Edaleen Dairy, Lynden Washington

3Degrees, a firm that helps organizations achieve renewable energy and decarbonization goals, announced today the recent completion of a critical investment to repower a manure digester project at Edaleen Dairy, family-operated farm in Lynden, Washington. 3Degrees worked with Regenis, a dairy digester operator committed to both planetary protection and family farmer livelihood, and Edaleen Dairy to co-finance a new engine and generator to keep the digester power project online and avoiding potent methane emissions.

Anaerobic digesters turn livestock waste into renewable power while avoiding potent methane emissions—meaning they are one of the most essential immediate actions for mitigating climate change. Despite their environmental benefits, many digesters nationwide risk being shut down due to high operating costs. In the Northwest, many aging dairy digester projects cannot afford to continue operation at current electricity prices.

Edaleen partnered with 3Degrees to sell its digester electricity into transportation markets to power electric vehicles. Clean fuel standards, like Oregon’s Clean Fuels Program, offer digester projects a new incentive to cover operating costs and continue abating emissions. Given 3Degrees’ expertise in this emerging market, the company pre-purchased credits that will be generated under the clean fuels standards to share the costs of installing a new generator and engine at the dairy.

“Edaleen Dairy has an unshakeable commitment to sustainability, which is why they are an industry leader”, says Bryan Van Loo, Vice President at Regenis. “We are thankful to have such a strong working relationship with Edaleen having constructed their digester in 2012 while operating and maintaining the system from commissioning to today. Now at their ten-year anniversary, the digester has supplied enough clean, emission-free electricity to power 380 local homes, while also improving upon climate, air, and water quality. Regenis is equally pleased to be working with 3Degrees as they and Edaleen Dairy transition towards specific use of the renewable electricity for charging of EV vehicles in Oregon through the Oregon Clean Fuels Program.”

“Our dairy has always been centered on the health of our customers, our community, and our planet because we are a family-run operation who lives in the community we serve,” says Mitch Moorlag, General Manager at Edaleen Dairy Cow Power, LLC. “We take seriously the natural wonders that have been bestowed upon us as do our customers, and we want to pass that inheritance down to future generations. Providing clean energy for electric vehicle charging stations by capturing methane and turning into biogas in our anaerobic digester is a logical progression of that commitment to be good stewards.” 

“Dairy farmers often paid very little for the power they generate from their operationally-complex digester projects,” said Peter Weisberg, Director of Product Development at 3Degrees. “This investment is a great example of how through tailored financing solutions and new environmental markets, we can work with partners to keep these critical emission mitigation projects operational”

About Regenis:

Regenis symbolizes the rebirth of our planet’s reusable organic resources and a commitment to the ethic to leave our land better for the next generation. On a planet with over seven billion people, our mission is to re-imagine reusable resources to create a valuable supply chain of products for farms, food processors and municipalities through the process of anaerobic digestion. Our digesters capture methane (a potent greenhouse gas) from decomposing organic waste and convert it into clean electricity that can be used to power farms and factories, sold to the local utility at a profit or turned into renewable natural gas for trucks and car fleets. Our virtuous cycle leaves nothing to waste, creating a cycle of value for our clients while putting them on the cutting edge of sustainability. Regenis constructed Edaleen Dairy’s digester facility, is contracted to do ongoing O&M services, and is a long term friend and partner to Edaleen Dairy as well as 3Degrees. To learn more about Regenis, please visit their website.  

About Edaleen Dairy:

In 1975, Ed and Aileen Bransma combined their names to create Edaleen Dairy, but what started as a small family company has expanded to six locations. Through the years, Edaleen has been ahead of the curve by combining experience, innovative ideas, and technology. The dairy has a long history of involvement in the surrounding Whatcom County community, and have put their environmental stewardship into action by installing climate-forward technologies, such as anaerobic digesters.

3Degrees Helps Support Electrify America’s EV Charging Infrastructure, Sells Verified Emissions Reductions to Customers Seeking to Reduce Transportation-Related Emissions

electrify-america-charging

San Francisco, CA 3Degrees today announced that it will sell verified emissions reductions (VERs), also known as carbon offsets, from Electrify America, tapping into revenue from its voluntary carbon customers to help fund upkeep of Electrify America’s expansive, ultra-fast  electric vehicle (EV) charging infrastructure across the U.S.

3Degrees is the exclusive offtaker of the first VERs from Electrify America’s national fast charging network in voluntary carbon credit markets, which is being verified under the internationally recognized Verified Carbon Standard (VCS).  3Degrees will market and sell these VERs to prospective buyers, with the first transaction expected in the second quarter of 2021. The Electrify America project was launched as the world’s first validated carbon offset project for electric vehicle chargers earlier this year.

Electrify America has more than 500 EV charging stations with over 2,200 DC fast chargers operational today across the U.S., and plans to have approximately 800 stations with about 3,500 DC fast chargers by December 2021. The 3Degrees project currently incorporates charging sites deployed up through the end of 2020, and will include additional chargers in future verifications.

As more companies establish carbon neutrality or net zero goals, an increasing number of 3Degrees customers are seeking innovative ways to address shipping and other transportation-related Scope 3 emissions.

“This project is a perfect fit for our customers seeking to reduce transportation-related emissions,” said Mark Mondik, Vice President, Carbon Markets at 3Degrees. “Transportation is the largest source of greenhouse gas (GHG) emissions in the U.S. and most of our customers don’t control the fleets used to move their goods or people around. Helping to fund the build-out of national EV charging infrastructure is an impactful way that companies can directly address this issue in the near term. We see a lot of appetite for this.”

“This project offers important benefits, including reducing the impact of fossil fuels on our environment and creating opportunities for growth in the electric vehicle industry due to more attractive investment economics,” said Wayne Killen, Director of Infrastructure Planning and Business Development at Electrify America. “We’re thrilled that the first credits from the project will now benefit customers who are exhibiting climate leadership and looking to address their transportation emissions.”

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About Electrify America

Electrify America LLC, the largest open DC fast charging network in the U.S., is investing $2 billion over 10 years in Zero Emission Vehicle (ZEV) infrastructure, education and access. The investment will enable millions of Americans to discover the benefits of electric driving and support the build-out of a nationwide network of workplace, community and highway chargers that are convenient and reliable. Electrify America expects to install or have under development approximately 800 total charging stations with about 3,500 DC fast chargers by December 2021. During this period, the company will be expanding to 29 metros and 45 states, including two cross-country routes, delivering on its commitment to support increased ZEV adoption with a network that is comprehensive, technologically advanced and customer friendly. Electrify America’s Electrify Home® offers home charging solutions for consumers with flexible installation options. Electrify Commercial® provides expert solutions for businesses looking to develop electric vehicle charging programs. For more information, visit www.electrifyamerica.com and media.electrifyamerica.com.

First-ever Peace REC
(P-REC) transaction drives renewable energy development in Africa

Nuru Solar Photo

For Immediate Release

SAN FRANCISCO, CA – The first-ever Peace Renewable Energy Credit (P-REC) transaction has been executed by Microsoft with Energy Peace Partners (EPP) and project developer Nuru. In the agreement, Microsoft is purchasing P-RECs issued by EPP from a new solar project in the Democratic Republic of the Congo (DRC), which will directly finance the installation of streetlights in a recently electrified neighborhood of Goma, the capital of North Kivu province. The streetlights are connected to the same solar-plus-storage system which generates the electricity associated with the P-RECs. The transaction was facilitated by renewable energy, transportation decarbonization, and climate solutions specialist 3Degrees.

P-RECs are international renewable energy certificates (I-RECs) with a supplementary label from issuer EPP certifying the co-benefits associated with the new renewable energy generation. P-REC projects are located in countries that are characterized by high risk of conflict, high vulnerability to climate change, low levels of electrification, and limited access to renewable energy finance. The agreement with Nuru requires that the majority of funds from the sale of P-RECs support a project that creates social and economic co-benefits in that community. Microsoft is the first company to execute a P-REC transaction.

The P-RECs purchased by Microsoft will be issued by EPP from Congolese solar developer Nuru’s newly commissioned 1.3 MW commercial solar-plus-storage project in Goma’s Ndosho neighborhood. Goma is located in conflict-affected eastern DRC, where only 3% of residents have access to electricity in many neighborhoods. Microsoft’s P-REC purchase allowed Nuru to fund the construction of mini-grid-connected streetlights in Ndosho, a community impact project co-designed with local stakeholders. Installation of the streetlights was completed earlier this year and has already improved nighttime road safety and neighborhood security, allowing businesses to stay open later at night, and reduced reliance on diesel generators, which are both expensive and highly polluting, in an area that has never had grid infrastructure.

“We developed the P-REC in order to support new renewable energy projects in fragile, energy poor regions of the world,” said David Mozersky, President, Energy Peace Partners. “With this inaugural P-REC purchase, Microsoft is demonstrating that corporate renewable energy procurement can be high impact by making a difference in communities like Ndosho, where increased access to sustainable and affordable power will be transformative. Energy Peace Partners is proud of this groundbreaking collaboration with Microsoft, 3Degrees and Nuru.”

“We applaud Microsoft’s innovative approach to its renewable energy and community development goals, and their willingness to lead with this inaugural purchase of P-RECs,” said Steve McDougal, CEO, 3Degrees. “This unique transaction unlocks a new energy attribute option that other organizations can now leverage to drive renewable projects in underserved communities around the globe. It’s been an honor for 3Degrees to partner with these three pioneering organizations to help bring this first-of-its-kind project to life.”

“Nuru is thrilled to be working with Microsoft, Energy Peace Partners, and 3Degrees to launch the P-REC in eastern DRC,” said Jonathan Shaw, Co-Founder and CEO, Nuru. “This bold, forward-thinking commitment is exactly what is required to unlock the human potential of complex, challenging contexts like eastern Congo. Thousands will benefit from this initiative, and we could not have asked for more committed and innovative partners throughout the process.”

“With P-RECs, companies like Microsoft that are looking to procure renewable energy can invest in regions that are the most impacted by climate change and that are currently deprived of access to modern energy,” said Vanessa Miler, Director, Energy Innovation and Impact, Microsoft. “Companies can maximize the impact of their investments not only from a carbon reduction perspective but also from a climate equity perspective.”

Read the case study to learn more.


About Energy Peace Partners
Energy Peace Partners leverages climate finance solutions to support peace in places affected by violent conflict. We believe that a paradigm shift toward climate-sensitive development can deliver enduring benefits to the planet’s most vulnerable populations. The Energy Peace Partners team brings together expertise in international peacebuilding, renewable energy, and climate security. Our efforts create an enabling environment for introducing renewable energy that can serve as the building blocks for peace.

About Nuru
Nuru is a company dedicated to enhancing connectivity in the Democratic Republic of Congo. Nuru deployed Congo’s first solar-based mini-grid in 2017 and most recently deployed a 1.3 MW commercial solar-plus-storage hybrid site in Goma, North Kivu—one of the largest off-grid mini-grids in sub-Saharan Africa. Nuru, meaning “light” in Swahili, encapsulates our vision to inspire and catalyze the incredible human potential in Congo by providing 5 million delighted clients with world-class connectivity by September 24, 2024.

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Media Contacts:

Sherwin Das, Energy Peace Partners
[email protected]

Kyle Hamilton, Nuru, 1.225.456.6680
[email protected]

Rachel Fagan, 3Degrees, 1.512.402.8683
[email protected]

Photo courtesy of Nuru

3Degrees and LevelTen Energy Announce Partnership to Help More Companies Achieve Renewable Energy Goals

3degrees_LevelTen

Collaboration brings LevelTen’s global renewable energy project supply and transaction infrastructure to support 3Degrees’ leading consulting services

Oct. 29, 2020 – Global renewable energy and climate consulting leader 3Degrees today announced a new partnership with LevelTen Energy, enabling the firm to leverage the LevelTen Marketplace to search, compare, and source new renewable energy power purchase agreements (PPAs) for its clients.

The new partnership provides 3Degrees direct access to LevelTen’s searchable PPA marketplace—the largest PPA collection in the world—with more than 3,800 Transaction-Ready Pricing™ offers spanning 21 countries in North America and Europe. It also provides access to quality-controlled market data, automated risk analytics, RFP automation software, performance monitoring, and other powerful efficiency tools. With access to this key renewable transaction infrastructure provided by LevelTen, 3Degrees can further scale its world-class consulting practice, providing global customers with even more choice and value in renewable energy procurement.

“3Degrees’ proven expertise helps organizations around the world implement renewable energy, supply chain and transportation decarbonization, and other climate strategies,” said Rebecca Sternberg, Vice President, Energy and Climate Practice at 3Degrees. “With LevelTen’s unmatched collection of renewable PPA offers and transaction tools, we can now connect these clients to a wider range of high value, low-risk renewable energy opportunities, and do it faster than ever before.” 

The partnership is also indicative of another, broader trend, as the renewable market begins to mature. “Corporate clean energy demand is surging at such a rate that developers and brokers can no longer serve the market in a piecemeal way,” said Kyle Harrison, Senior Associate at BloombergNEF. “Buyer preferences are also changing as the pool of interested customers grows. It makes sense that advisory specialists, like 3Degrees, and infrastructure specialists, like LevelTen, come together to offer a more dynamic product and help scale up the market.”

The collaboration allows both partners to leverage their unique strengths and to achieve their shared objective: supporting a sustainable, carbon-free energy system.

“LevelTen and 3Degrees share the same vision: accelerating the clean energy transition,” said Ryan Warren, Vice President of Marketing at LevelTen Energy. “By bringing together 3Degrees’ customer and execution expertise, and LevelTen’s global energy project supply and renewable transaction infrastructure, we’re both better positioned than ever before to make this future a reality.”

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About LevelTen Energy

LevelTen Energy is the leading provider of transaction infrastructure for the renewable energy economy. Our platform delivers buyers, sellers, advisors, and financiers the automation software, data management, and standardized contracts needed to facilitate faster, safer renewable energy transactions. LevelTen’s marketplace of renewable energy power purchase agreements is the world’s largest, with more than 4,000 Transaction-Ready Pricing™ offers spanning 21 countries in North America and Europe. LevelTen’s CFO-Ready Analytics™ automatically calculate more than a billion data points every day, providing our partners with leading-edge, real-time risk and value insights at modern market scale. Together, LevelTen and our partners share #OneGoal to accelerate the clean energy transition. Visit us at LevelTenEnergy.com to learn more.

Applied Materials Commits to 100 Percent Renewable Energy Sourcing Worldwide

Power purchase agreement with Apex Clean Energy targets 100 percent renewable energy sourcing in the U.S. by 2022

Under a broad set of ESG initiatives unveiled today by company President and CEO Gary Dickerson, Applied Materials announced a commitment to 100 percent renewable energy sourcing by 2030.

In accordance with its goal, Applied has joined other technology leaders in committing to purchase energy from the 500 megawatt (MW) White Mesa Wind project being developed by Apex Clean Energy in Crockett County, Texas. Applied’s power purchase agreement (PPA) covers 10 percent of the project’s clean energy output, an amount equivalent to the power needs of more than 13,000 homes.

“Our PPA is an important step in helping Applied Materials reach our reduced carbon footprint targets as it will enable us to achieve 100 percent renewable energy sourcing in the U.S. and 73 percent worldwide by 2022,” said Scott Hambleton, managing director of Environmental, Health and Safety at Applied Materials. “We are excited to accelerate our environmental sustainability goals with a clean energy project that is supported by other leading technology companies.”

“White Mesa clearly demonstrates the power of corporate energy purchasers working together to bring new renewable energy projects to life,” said Mark Goodwin, president and CEO of Apex Clean Energy. “We welcome Applied Materials as the latest offtaker of the White Mesa Wind project and applaud the company’s dedication to incorporating sustainable practices into its business.”

3Degrees, a specialist in renewable energy, transportation decarbonization and other climate solutions, facilitated the agreement. “We are pleased to have helped facilitate this power purchase agreement with Applied Materials and Apex Clean Energy,” said Steve McDougal, CEO, 3Degrees. “It’s exciting to see a growing number of companies in the technology sector, and beyond, pledge long-term support to increase their commitment to renewable energy and help mitigate climate change.” 

“Applied Materials is solidifying itself as a renewable energy leader through strong commitments to reduce its carbon footprint and achieve 100 percent renewable energy sourcing globally over the next 10 years,” said Miranda Ballentine, CEO, Renewable Energy Buyers Alliance (REBA). “As we work toward achieving a zero-carbon future, this type of leadership will continue to move the industry forward and set an example for other large energy buyers to follow.”


About Applied Materials, Inc.

Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible the technology shaping the future. Learn more at www.appliedmaterials.com.

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Contact:

Ricky Gradwohl (editorial/media) 408.235.4676

Michael Sullivan (financial community) 408.986.7977

Bank of America Taps Duke Energy and 3Degrees to Expand Renewable Energy Commitment

Partnerships Support New Solar Generation to Power Bank of America Charlotte Operations and Support New Solar Projects in Local Communities

CHARLOTTE – Bank of America announced today it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte, North Carolina operations with solar energy.

Through a renewable energy-sleeved power purchase agreement (PPA), the company is participating in Duke Energy’s Green Source Advantage (GSA) program. The bank is the first company and financial institution to sign a 10-year agreement for electricity and Green-e®-certified renewable energy certificates (RECs) through this program.

The purchase of a 25-megawatt (MWAC) solar project’s electricity output and RECs will cover 45% of Bank of America’s electricity load in the state. By participating in Duke Energy’s GSA program, Bank of America further demonstrates its commitment to reduce its operational impacts on the environment, including being carbon neutral and utilizing 100% renewable electricity across its global operations.

“These unique projects and partnerships build on our achievement of carbon neutrality and expand our renewable energy commitment. By driving more clean energy solutions in our facilities, we are developing a broader sustainable energy ecosystem to help transform our operations and the communities where our employees work and live,” said Andrew Plepler, global head of Environmental, Social and Governance at Bank of America. “These partnerships bring to the forefront creative thinking and innovative solutions to address a changing climate and clean energy access.”

This innovative project will be constructed in the Piedmont region of North Carolina. It also adds additional clean energy to the grid, supports jobs and the local economy. The project will include the installation of a pollinator habitat surrounding 70,000 solar panels, covering approximately 180 acres, and is expected to be online in 2022.

“We continue to look for new and innovative ways to deliver more renewable energy to customers in North Carolina,” said Stephen De May, Duke Energy’s North Carolina president. “Customers want more flexibility and options for renewable energy and the Green Source Advantage makes that happen.”

Silver Pine Energy, a joint venture between Silver Creek Energy and North Carolina developer Pine Gate Renewables, will oversee the development of the project and will support the engineering, procurement and construction services.

“Silver Pine Energy is very pleased to be a part of the Green Source Advantage program,” said Silver Pine President Ben Catt. “We are grateful to partner with Duke Energy and Bank of America for this project, and excited to continue to do our part to bring more renewable energy online in North Carolina through innovative and exciting programs such as GSA.”

Duke Energy’s GSA program has 600 MW of capacity for large Duke Energy customers in North Carolina. Cities – like the city of Charlotte – are also eligible to participate.

Duke Energy maintains more than 3,300 MW of solar power on its energy grid in North Carolina, which could power about 700,000 homes and businesses at peak output. The company also operates 40 solar facilities in the state. North Carolina currently ranks No. 2 in the nation for overall solar power.

The Green Source Advantage program is an outgrowth of 2017’s landmark solar legislation in North Carolina. Other programs such as solar rebates for customers and solar leasing were also part of that legislation. Duke Energy piloted the program, called the Green Source, Tariff, in 2015.

EASTERN NORTH CAROLINA – Bank of America partnered with 3Degrees to purchase RECs for 10 years to help make possible the development of four additional solar projects in the eastern part of the state. The counties of Harnett, Columbus, Nash, and Johnston will benefit from these projects, with solar energy added to the grid and pollinator habitats that will increase biodiversity in these communities. The total annual MWh output from the 3Degrees projects are expected to produce 33,000 MWh/ year.

“We applaud Bank of America’s continued investment in taking action against climate change,” said Steve McDougal, CEO, 3Degrees. “We have partnered together several times, and the bank’s desire to consistently seek out innovative projects, such as this impactful long-term REC purchase in North Carolina, is impressive. Bank of America exemplifies true corporate climate leadership.”

Additional resources

Learn more about Bank of America’s commitment to the environment and its environmental operations focus.

Learn more about Duke Energy’s GSA program and its renewable energy commitment.

Learn more about 3Degrees.

Learn more about Silver Pine Energy.

Learn more about Pine Gate Renewables.


Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.

Duke Energy is transforming its customers’ experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit’s regulated utilities serve approximately 7.7 million retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to more than 1.6 million customers in five states – North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.

Silver Pine Energy
Silver Pine is a joint venture partnership between Silver Creek Energy and Pine Gate Renewables. Silver Pine is actively developing dozens of projects across the southeast and beyond. The collective partnership combines to offer industry leading capabilities as a developer, financier, EPC, and operator of solar projects in the United States. Silver Pine currently oversees the construction and operation of 200 MWs of solar projects in the southeast and is actively developing over 1GW of solar across the country.

Pine Gate Renewables
Pine Gate Renewables is a leading developer, financier, EPC, and operator of solar projects across the United States. Pine Gate currently operates more than 400MWs of renewable energy projects and has an additional 4GWs of projects in different stages of development throughout the country. Pine Gate is headquartered in Asheville, N.C.

Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).

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Reporters May Contact:
Kelly Sapp, Bank of America, 1.980.214.3070
[email protected]

Randy Wheeless, Duke Energy, 1.800.559.3853
[email protected]

Rachel Fagan, 3Degrees, 1.512.402.8683
[email protected]

3Degrees Announces Formation of Customer Solutions and Innovation Group, New Leadership in Energy and Climate Practice

Erin Craig tapped to lead new Customer Solutions and Innovation Group, joined by Rick Freeman, formerly of Apple; Rebecca Sternberg hired to head up Energy and Climate Practice 

3Degrees, a specialist in renewable energy, transportation decarbonization, and other climate solutions, is pleased to announce several new leadership roles and the formation of a new group, Customer Solutions and Innovation.

Erin Craig, leader of 3Degrees’ Energy and Climate Practice, is shifting into a new role as vice president of the Customer Solutions and Innovation group. In this new role, Erin will leverage her deep expertise, as well as the customer insights gained through her advisory work, to create new solutions to climate challenges and bring them to corporate, utility, and institutional clients in partnership with 3Degrees’ business units. Erin will also serve as a senior advisor on select client engagements. 

To accelerate these efforts, 3Degrees is welcoming Frederick Freeman to the company as director of Customer Solutions and Innovation. Rick most recently spent eight years leading various strategic initiatives and renewable energy origination projects on the Global Energy Team at Apple. Prior to his time at Apple, Rick worked as an environmental engineering consultant for private and public sector clients, as a computer programmer of web platforms and educational systems, and served as an environmental policy technical expert for the U.S. Department of State. 

The Customer Solutions and Innovation team will focus on addressing barriers to renewable energy finance, accelerating the deployment of climate mitigations which bring multiple benefit streams to society, and enabling electrification initiatives through corporate climate action. 

To amplify the success of the Energy and Climate Practice, 3Degrees is pleased to welcome renewable energy veteran Rebecca Sternberg as its new leader and vice president. Rebecca has spent more than 15 years in the sustainability and renewable energy field, most recently as vice president of power marketing, at BayWa r.e. where she led origination of several prominent renewable energy projects, including a 100MW aggregation with Bloomberg, Cox Communications, Gap, Salesforce, and Workday. Prior to BayWa r.e., Rebecca led the global Fortune 1000 Commercial team for SolarCity, working with many leading retailers and global technology companies. She has also held prominent roles in EY’s Climate and Sustainability Services group and founded Accenture’s Sustainability Practice. 

3Degrees’  Energy and Climate Practice has grown tremendously over the past three years, partnering with major global corporations, including Visa, Mastercard, Mondelēz International, Etsy, and Comcast, to help them craft and execute customized plans to achieve their renewable energy and climate goals. In 2018, the team led the largest renewable energy aggregation to date, with Apple, Akamai, Swiss Re, and Etsy. Rebecca will lead the team’s evolution and growing body of work supporting strategic initiatives for some of the world’s leading corporations and educational institutions, transportation decarbonization initiatives, and renewable energy implementations worldwide.

“3Degrees continues to evolve to meet our clients’ growing renewable energy, transportation, and other climate solutions needs,” said Steve McDougal, CEO of 3Degrees. “A key component of our plan is building the strongest leadership in the industry. I’m thrilled that Erin and Rick are spearheading the new Customer Solutions and Innovation group, and that Rebecca will be at the helm of our thriving Energy and Climate Practice. Their collective leadership experience in the renewable energy industry is second to none, and our clients will certainly benefit from their expertise.” 

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SEIA Recommits to Sustainability with 3Degrees Partnership

solar project

The Solar Energy Industries Association (SEIA) and 3Degrees Group, Inc. (3Degrees) today announced that they’re entering a partnership to offset electricity use and greenhouse gas emissions associated with SEIA’s events and operations.

As part of a two-year agreement, 3Degrees will provide SEIA with 235 Green-e® Certified solar renewable energy certificates (SRECs) and 835 registered and verified carbon offsets annually. This will cover SEIA’s approximate office and event electricity usage as well as all emissions associated with SEIA staff travel and event attendee travel each year.

“We have a responsibility to practice what we preach,” said Abigail Ross Hopper, SEIA president and CEO. “As the solar industry cuts CO2 emissions by 81 million metric tons a year, its main advocacy group should maintain a commitment to corporate sustainability, and our partnership with 3Degrees will help us do that.”

The solar energy generation SEIA supports avoids 166 metric tons of CO2 annually. This is equivalent to taking 35 cars off the road for a year. The carbon offset projects SEIA supports have a greenhouse gas reduction benefit equivalent to an additional 177 cars driven for a year or over 93,000 gallons of gasoline consumed.

“We are thrilled to partner with SEIA, which is on the forefront of accelerating the development and adoption of solar energy across the country,” said 3Degrees CEO Steve McDougal. “3Degrees seeks to support all organizations taking urgent action on climate change, and SEIA’s commitment to advancing solar energy is perfectly aligned with our mission.”

In 2018 and 2019, SEIA partnered with WGL Energy on a similar partnership for SRECs and carbon offsets.

This partnership is part of SEIA’s Sustainability Initiative, which promotes sustainable practices throughout the organization and focuses on reducing the carbon and environmental footprint of our daily office operations.

For more information, visit www.seia.org/sustainability.

3Degrees is again named Best REC Trading Company – North America by Environmental Finance

North America RECs trading award

3Degrees has been named the 2019 Best Trading Company in Renewable Energy Certificates (REC) – North America for the sixth year in a row by Environmental Finance. This is the 20th anniversary of the Environmental Finance Annual Marketing Rankings, the largest and most closely watched survey of the world’s environmental markets. 

“Receiving this award once again is incredibly meaningful to our team, who works hard every day to meet the needs of our partners and customers, and deliver an exceptional quality of service,” said Scott Eidson, vice president of environmental markets. “It’s extremely rewarding to be a part of an industry that’s doing such important work in the fight against climate change.”

For over 15 years, 3Degrees has provided tailored renewable energy, transportation, and emission reduction solutions to our clients, and helped them source high-quality, country-specific renewable energy products around the globe.  An award-winning B Corp, 3Degrees has delivered more than 170 million RECs and GOs to clients, and supported more than 2,000 facilities.

This is the ninth time the company has earned a top designation by Environmental Finance readers in this category. Learn more at 3Degrees.com.