- Japanese trading house Itochu Corp (OTC:ITOCF) agreed to supply wind-generated power solar energy to Amazon.Com Inc (NASDAQ:AMZN) in Japan via Clean Energy Connect Co, Ltd.
- CEC inked a deal with Amazon to develop non-FIT low-pressure solar power plants in 700 sites dedicated to supplying 70 MW DC and 38 MW AC power to Amazon in Japan by 2024.
- Amazon migrated the sources of all of the energy used in its business operations to renewable energy by 2025 and aimed to procure renewable energy worldwide.
- Itochu inked a deal with Fengate Asset Management to invest in the Prairie Switch Wind Project, which is currently under construction in Texas and will have a total generating capacity of 160 MW.
- Itochu inked a corporate power purchase agreement with Meta Platforms Inc (NASDAQ:META) in the U.S.
- The Texas Wind Power Plant Project comprised 48 wind turbines with a generating capacity of 3.4 MW each and a total generating capacity of 160 MW. It will likely reach commercial operation at the end of 2023.
- Price Action: AMZN shares closed higher by 0.16% at $99.70 on Tuesday.
Staffing 360 Solutions Q3 EPS $0.43 Down From $7.00 YoY, Sales $66.12M Up From $47.50M YoY
Staffing 360 Solutions (NASDAQ:STAF) reported quarterly earnings of $0.43 per share. This is a 93.86 percent decrease over earnings of $7.00 per share from the same period last year. The company reported $66.12 million
