NewEnergyNews More: Solar Building Corporate Balance Sheets

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  • Tuesday, October 25, 2016

    Solar Building Corporate Balance Sheets

    Corporate America Loves Solar Energy; Household companies like Target, Apple, and Walmart are some of the biggest solar customers in the U.S. today.

    Travis Hoium, October 24, 2016 (Motley Fool)

    “…[W]hen large companies choose to go solar, they're doing so based on the dollars and cents of the investment. You may not know if the Target or Walmart store you're shopping at has solar, but if it does, it's saving the company money. And today, U.S. corporations are installing solar energy rapidly as a way to save millions of dollars…[According to Solar Means Business 2016 from the Solar Energy Industries Association, there is] over 1 GW of solar for corporate customers, enough to power 193,000 homes. Target led the way with 147.5 MW, with 70 MW installed so far in 2016, while Walmart is using 145.0 MW. Apple's 93.9 MW and Costco's 50.7 MW means those companies are also among the top five installers…Seven out of ten among the top ten corporate customers have installed SunPower solar panels, reflecting the company's corporate focus. SolarCity, meanwhile, has Walmart as a major customer…One incredible stat from the report is that more than three quarters of the commercial solar installations and half of the capacity are at data centers…” click here for more

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