SEIA Reports On U.S. Corporate Solar Investments

Tech giants, major retailers along with other corporate leaders are making significant investments in clean energy and installed over 1,280 megawatts (MW) of new commercial solar capacity in america in 2019, year on record based on the eighth Solar Means Business report the next largest. The annual report, released in early October 2020 by the SOLAR TECHNOLOGY Industries Association (SEIA), tracks both on-site and off-site highlights and installations the strong selling point of cost-saving solar technology for American businesses.

Apple and Amazon remained in second and first place with regards to the very best corporate solar users, accompanied by Walmart, which installed probably the most solar in 2019 and increased its solar use by 35%. Year was also the biggest year yet for on-site commercial solar installations with 845 MW installed this.

(Photo: Getty Images)

Apple, which has probably the most off-site solar installed through 2019, now has nearly 400 MW of solar capacity in its portfolio and contains recently focused on make its supply chain and products 100% carbon neutral by 2030.

“The decision between a wholesome planet and good business strategy is definitely a false one, and we’ve proved that with an organization that runs on 100% clean energy and a supply chain transitioning to accomplish exactly the same,” said Lisa Jackson, Apple’s vice president of environment, policy and social initiatives. “Solar powered energy has been section of our environmental journey for greater than a decade, and we’re grateful to the SEIA because of this recognition of the strides we’ve made, and the strides of two of our suppliers in the SEIA top 25 also. Together, we’ll reach our goal of earning all our products with a net zero climate impact by 2030, and hopefully, inspire others to do something in defense of our world and future generations urgently.”

This latest Solar Means Business report tracks over 8,350 MW of commercial solar capacity across a lot more than 38,000 systems. Combined, every year to power 1 the systems generate enough electricity.6 million homes and offset 8.9 million metric a great deal of CO2 annually. (For perspective, week a lot more than 7 each.2 million people, or 2.2% of the U.S. population, shop at a Walmart store with a solar installation.)

“Our growth in solar use reflects our longstanding and ongoing commitment to climate action, including addressing 100% renewable energy globally by 2035,” said Kathleen McLaughlin, chief sustainability officer for Walmart Inc. “Reducing greenhouse gas emissions and preventing the worst ramifications of climate change shall take sustained, collective action. It’s terrific to see so many companies growing their solar use and taking steps towards a renewable future.”

Image: SOLAR TECHNOLOGY Industries Association (SEIA)

Corporations continue steadily to procure off-site solar to power their operations and meet their ambitious clean energy goals. On the next few years, yet another 5 GW of corporate off-site solar projects are slated ahead online, which will a lot more than double the quantity of off-site corporate solar.

“As a signatory to The Climate Pledge, we’re focused on meeting the goals of the Paris Agreement a decade early and reaching net zero carbon across Amazon by 2040,” said Chris Roe, energy and sustainable operations lead at Amazon. “Within this commitment, we have been well on our solution to power Amazon operations using 100% renewable energy by 2025, with over 90 wind and solar projects throughout the world.”

Facebook, among the top buyers of off-site solar is making its first appearance in the very best 10, moving from 27th to 9th at the top corporate solar users list. Target, the ongoing company with solar capacity installed at its facilities, finished 2019 with a complete of 283 MW of solar capacity. The business has a lot more than 500 solar projects in its portfolio now.

Image: SOLAR TECHNOLOGY Industries Association (SEIA)

Companies are increasing thei clean energy commitments also. Several corporations with this list announced more aggressive clean energy goals recently, including Google, that is ranked 5th and today plans to perform its data centers and corporate campuses on 100% carbon-free power by 2030. Walmart also announced that it plans to power its facilities globally with 100% renewable energy by 2035 and is targeting zero emissions across its global operations by 2040.

Other companies on the list, including Amazon, Microsoft, and Solvay have recently announced new initiatives and investments to lessen emissions and green their operations.

“We have been honored to be recognized again by SEIA for the commitment to increasing solar powered energy inside our operations,” said Pascal Chalvon Demersay, Solvay’s chief sustainability & energy officer. “Solar powered energy plays an integral role inside our Solvay One Planet initiative, which aims to lessen our emissions by 26% by 2030. We’ll continue developing solar projects to greatly help enable the power transition, in the US particularly.”

Others, like Prologis, have specific goals for rooftop solar and Walmart and Switch are starting to use energy storage.

“This acknowledgement further cements Switch’s position as a leader in sustainability, which benefits our customers tremendously, the grouped communities where we operate and our world,” said Switch EVP of Strategy Adam Kramer. “Switch continues to lead the task to expand solar by recently breaking ground on critical projects like Rob Roy’s Gigawatt Nevada, that will generate a Gigawatt of solar coupled with battery storage, providing clean energy solutions into the&nbsp far;future.”

“Because the world’s largest owner and operator of logistics property, Prologis is focused on minimizing our environmental impacts, and every solar power installed helps us get closer in the transition to completely clean energy,” said Jared Friedman, Prologis, vice president of global energy. “Rooftop solar is really a vital element of Prologis’ growing portfolio of customer-focused renewable energy solutions, and we have been proud to be honored by SEIA once we work toward our goal of doubling our on-site generating capacity to 400 megawatts by 2025.”

To find out about or even to download SEIA’s eighth annual “Solar Means Business” report, visit this link.

The top 25 corporate solar users includes:
1. Apple
2. Amazon
3. Walmart
4. Target
5. Google
6. Kaiser Permanente
7. Switch
8. Prologis
9. Facebook
10. Solvay
11. Fifth Third Bank
12. Microsoft
13. Brookfield Properties Retail
14. IKEA
15. Macys
16. Kohls
17. Costco Wholesale
18. Corning
19. Starbucks
20. Paypal
21. Home Depot
22. Hartz Mountain
23. Lockheed Martin
24. Digital Realty
25. ALDI

Click here to learn more stories about SOLAR TECHNOLOGY and Facility Management.

Suggested Links: