Wells Fargo
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Research and Development
Energy Startups Receive Funding from Wells Fargo Technology Program
The Wells Fargo Innovation Incubator (IN2), a $55-million energy technology program funded by Wells Fargo & Company and co-administered by NREL, the U.S. Department of Energy National Renewable Energy Laboratory, has announced the selection of three startups for its next cohort in the Emerging Tech track. This cohort focuses on enhancing resiliency in the built environment through innovative technologies that strengthen building operations, heating and cooling systems, and grid reliability.
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Press Releases
Duke Energy, Wells Fargo, NextEra Energy Resources join forces on major solar expansion in North Carolina
CHARLOTTE, N.C. (April 8, 2021) – Wells Fargo has become the latest large energy user to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – building on the solar expansion in North Carolina. Wells Fargo will purchase more than 58 megawatts (MW) of solar capacity from the Blackburn Solar project, […]
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News
Banks Invest in Coal, Gas Projects Despite Pushback
A new report from a half-dozen environmental groups says global banks financed $2.7 trillion of fossil fuel projects from December 2015, when the Paris Agreement on climate was reached, through year-end 2019. The report said funding for such projects has increased in each of the past four years. “Banking on Climate Change 2020,” published March […]
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Press Releases
Wells Fargo Joins Origis Energy USA to Expand Clean Energy Supply for Florida
52-MWac FL Solar 5 project to produce low-cost, renewable electricity for Reedy Creek Improvement District NEW YORK–(BUSINESS WIRE)–Wells Fargo (NYSE: WFC) announced it has committed the capital in construction debt, as well as the tax-equity funding of $35 million for the new solar generation facility, known as FL Solar 5 in Orange County, Florida. This […]
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