Sustainability Glossary: Wellness

Did you know that the fashion industry is considered one of most polluting industry in the world? Luckily, more and more fashion producers and consumers are starting to do their part to halt the industry’s environmentally and harmful practices by shifting towards more sustainable materials, less resource-intensive ways of manufacturing and more responsible choices. 

The COVID-19 crisis puts fundamentals in perspective. There are primary threats, and secondary subjects. Both the pandemic and climate change belong to the first category. Climate change is the greatest challenge of our generation, and the next 10 years will be crucial to addressing it. Together we must reduce CO2 emissions and halt the rise in Earth’s temperature.

Solar PV module manufacturer and energy storage provider Q Cells has unveiled a new financing structure to boost value in C&I and community solar projects. The company announced an investment into a solar + storage portfolio developed by Amped Solutions through its new ‘Grid Equity’ financing structure. Under the framework, Q Cells will provide capital investment in exchange for the rights to future grid services revenue expected to be generated by the portfolio in California. “As part of our growing suite of complete energy solutions, we’re excited to offer our customers and partners investment capital under a new Grid Equity structure,” said Shane Kim, president of Q Cells North America. “We believe it can be a valuable co-development tool to help them boost the economics and bankability of their solar-plus-storage projects.”