Afternoon Coffee: Amazon’s new renewable energy projects; Coupa’s new partnership with BMW Group

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Amazon has unveiled details of new renewable energy projects in the U.S. and Spain. The three projects will generate nearly 700,000 megawatts of energy per year, which is enough to power over 67,000 homes, reports CNBC.

The solar facilities in the U.S. will be in Lee County, Illinois and Northern Virginia, and will amount to a combined 180 MW.

The effort is one small part of Amazon’s effective strategy to touch ever-more aspects of American life and industry, city by city and region by region.

Coupa deploying its platform for the ‘Ultimate Driving Machines’

On the heels of its rosy Q3 earnings announcement, Coupa recently announced that “it will deploy its BSM platform globally across BMW Group to help harmonize and optimize the automaker’s purchasing processes and increase efficiency and effectiveness across all products,” according to the release.

Tesla Model X gets 5-star rating in EU

Tesla has announced its Model X SUV has been given a five-star rating by the European New Car Assessment Programme (NCAP). The ratings relate to features such as crash protection and rollover safety of new vehicles.

This makes the two Teslas the best performers in this part of the assessment against Euro NCAP's most recent protocols, reports Reuters.

Investors being drawn to so-called B2G segment

The Business-to-Government (B2G) space is seen as recession-proof and in need of a secure supply chain. This sector, say some experts, will witness much more activity in the coming days, because of the emphasis on secure supply chain. B2G valuations and the amount of government work available are also on the rise, said Kevin Robbins, a partner with private equity firm Blue Delta Capital Partners.

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