SEIA report: More US corporations show commitment to solar installation

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
FedEx stood as one of the many US companies listed on the Solar Means Business report. Image: SEIA

A new study from the Solar Energy Industries Association (SEIA) reveals that more and more American businesses are making the switch to solar energy.

According to the report, growth in the solar energy market has grown by 183% among top US-based companies in the four years since the first Solar Means Business report was published. SEIA also noted that their study reveals a 59% growth in solar plants since just last year.

For the fourth consecutive year, Walmart ranked No. 1 in the Solar Means Business report after boasting a generation capacity of 142MW at 348 locations.

Other companies listed on the Solar Means Business report include Kohl’s, FedEx, Apple, Macy’s, Walgreens, Target, IKEA, General Motors, Verizon, Johnson & Johnson and more.

SEIA President and CEO Rhone Resch said: “These blue-chip companies have realized investing in solar is a common-sense, cost-effective decision that pays dividends for both the environment and their bottom lines. Not only are they helping to create thousands of American jobs in solar, the nearly 1,700 systems currently in operation are generating enough clean, reliable electricity to offset nearly 890,000 metric tons of harmful carbon emissions a year.”

Mark Vanderhelm, vice president of energy for Walmart, added: “Solar is an important part of our renewable energy program. We believe in advancing solar deployment by pursuing projects that make business sense.  In fact, in 2014 we committed to doubling the number of on-site solar energy projects at our U.S. stores, Sam’s Clubs and distribution centers by 2020.  We’re excited about our continued work towards meeting that goal and appreciate being acknowledged by SEIA for these efforts.”

In total, America’s top corporate solar utilisers installed 1,686 systems for 907 MW of solar this year.

Read Next

May 4, 2022
Solar Energy Industries Association (SEIA) has launched a non-profit to facilitate the energy transition through clean energy research and analysis.
April 29, 2022
Solar Energy Industries Association (SEIA) has slashed its US solar installation forecasts by 24GW over the next two years following the US government’s decision to investigate the circumvention of duties in Southeast Asia, claiming 100,000 solar jobs will be lost as a result.   
April 27, 2022
The May 2022 edition of our downstream solar journal, PV Tech Power, is now available to download, featuring articles surrounding the decarbonisation of solar manufacturing and deployment.
April 25, 2022
The US Department of Commerce (DOC) has been directed to integrate climate considerations into its policymaking just one month after it launched a solar tariff investigation that industry players have warned is already hampering the country’s clean energy transition.
April 22, 2022
The US’ Federal Energy Regulatory Commission (FERC) has issued a Notice of Proposed Rulemaking (NOPR) that aims to address transmission grid planning and cost allocation issues in order to open up access to more renewable energy projects.
April 14, 2022
Virginia Governor Glenn Youngkin signed a bill into law that will create a tax exemption for residential and mixed-use solar energy systems of up to 25kW.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 7, 2022
Leonardo Royal London City, London, UK
Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
June 22, 2022
Sheraton Austin Hotel at the Capitol, Austin, Texas