Solar Novus Home

Solar Novus Blog

Business

Solar surge

Tech giant Apple is now the leading procurer of corporate solar in the United States with nearly 400 megawatts (MW) of total installed capacity, according to the Solar Energy Industries Association’s Solar Means Business 2018 report. This report puts the power of corporate commitments to clean energy on display, as the world’s largest and most-recognizable companies turn to solar energy in historic numbers.

This year’s report contains data from both on-site and off-site installations, tracking more than 7,000 MW of installed solar capacity across 35,000 projects, up from 2,500 MW and 7,000 projects in the 2017 report.

“Top companies are increasingly investing in clean, reliable solar energy because it makes economic sense,” said Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA). “During the Solar+ Decade, corporate solar investments will become even more significant as businesses use solar to fight climate change, create jobs and boost local economies. When global brands go solar, the rest of the world takes note, and this report puts the power of corporate solar investment on full display.”

Tech and retail brands like Amazon, Target, Walmart and Google fill out an impressive Solar Means Business 2018 Top 10.

Considering only on-site solar installations, the top three businesses remain the same as the 2017 report, with Target, Walmart and Prologis leading the way.

Today, the 7,000 MW of installed commercial solar generates 10.7 million MWh of electricity annually, enough to power 1.4 million homes.

This 7th edition of the Solar Means Business report notes that each week 6.6 million people visit a Walmart store with onsite solar, Amazon’s solar installations offset the CO2 equivalent of more than 200 million miles of truck deliveries, and Apple’s solar facilities generate enough electricity each year to charge more than 60 billion smartphones.

In conjunction with this report, SEIA is hosting its annual Solar Goes Corporate event on November 7, 2019 where SEIA will present awards to the top companies highlighted in the report.

Labels: corporate solar,commercial,solar installation,Amazon,Target,Google,Prologis,Walmart,investment,SEIA

Back Back to News
 

Innovative Solar Products

Copyright © 2019 Novus Media Today Group, LLC. All rights reserved. Website design and build by MM Design.