{"id":201308,"date":"2021-10-13T08:00:07","date_gmt":"2021-10-13T07:00:07","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=201308"},"modified":"2021-10-13T11:56:17","modified_gmt":"2021-10-13T10:56:17","slug":"ripple-announces-44-million-fund-for-solar-energy-projects-in-the-us","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ripple-announces-44-million-fund-for-solar-energy-projects-in-the-us\/","title":{"rendered":"Ripple announces $44 million fund for solar energy projects in the US"},"content":{"rendered":"

Ripple<\/span><\/a> recently entered a strategic ESG investment partnership with Lincoln-based financial services company Nelnet, through a $44 million joint clean energy fund for solar energy projects in the US, according to the official <\/span>press release<\/span><\/a>.<\/span><\/p>\n

In a bid to reduce the industry\u2019s carbon footprint, the joint investment will fund clean energy projects throughout the country and contribute to the reduction of over 1,5 million tons of carbon dioxide over 35 years.<\/span><\/p>\n

Ripple Nelnet Renewable Energy Fund<\/strong><\/h2>\n

\u201cWe're excited to work with Nelnet as we pursue our commitment to reduce the carbon footprint of financial services globally and to deliver on the promise of a carbon-negative cryptocurrency industry,” said Ken Weber, Head of Social Impact at Ripple.<\/span><\/p>\n

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Right back at you, @Nelnetsolar<\/a>! We're excited to work with Nelnet to support solar energy projects throughout the U.S. as part of our commitment to reduce the carbon footprint of financial services globally and deliver on the promise of a #CarbonNegative<\/a> #crypto<\/a> industry. https:\/\/t.co\/ETMUboLW2o<\/a><\/p>\n

— Ripple (@Ripple) October 11, 2021<\/a><\/p><\/blockquote>\n