- Mercury Marine, a division of Brunswick Corp (NYSE:BC), has signed a partnership agreement with Alliant Energy Corp (NASDAQ:LNT) to build a 5-megawatt, a 32-acre solar array in eastern Fond du Lac County.
- The Ledgeview Solar Project is the first to be developed under Alliant Energy’s Renewable Energy Partner program.
- The project is pending review and approval by the Public Service Commission of Wisconsin.
- The project is expected to offset 10% of Mercury’s electricity on the Fond du Lac campus.
- Construction on the project is anticipated to start in spring 2023 with the operation to begin in October 2023.
- Price Action: BC shares are trading lower by 2.10% at $75.11 on the last check Tuesday.
Several Developed Nations, Allied Groups Come Together With $10B Backing For Indonesia’s Efforts On Decarbonization
At a G-20 meeting, a $20 billion funding plan was announced aimed at helping Indonesia, the world's largest coal exporter, adopt renewable energy sources.
Developed countries, including the U.S. and some big banks, have backed the plan as part of efforts to help emerging economies decarbonize.